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Whither
Kevin Hjortshøj O’Rourke
the Euro?Historians may wonder how it came to be introduced in the first place
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On the Ball
Stefan SzymanskiEuropean soccer’s success can be credited, in part, to the liberalization of the players’ market. But what will the future bring?
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A Long Shadow over Growth
Helge Berger and Martin SchindlerConquering unemployment and boosting growth is the number one priority in Europe today
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People in Economics
The Queen of Numbers
Jeremy Clift profiles Lucrezia Reichlin, a pioneer of real-time short-term forecasting
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The Dollar
Eswar Prasad
Reigns Supreme,
by Default
International currency arrangements have come under scrutiny in the aftermath of the global financial crisis
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Harbingers of Recessions
John C. Bluedorn, Jörg W. Decressin, and Marco E. TerronesChanges in asset prices are good predictors of economic downturns
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Man versus Mother Nature
Nicole Laframboise and
Sebastian Acevedo
Forward-thinking macroeconomic policy can help countries prepare for and mitigate the blow from natural disasters
Read the article ►
EUROPE’S UNION,
STEP BY STEP
Whither the Euro?
Kevin Hjortshøj O’Rourke
Historians may wonder how it came to be introduced in the first place
Tectonic Shifts
Nicolas Véron
Banking union is a long-term process that will profoundly reshape Europe’s financial system
A Long Shadow over Growth
Helge Berger and Martin Schindler
Conquering unemployment and boosting growth is the number one priority in Europe today
Also in This Issue
The Dollar Reigns Supreme, by Default
Eswar Prasad
International currency arrangements have come under scrutiny in the aftermath of the global financial crisis
Harbingers of Recessions
John C. Bluedorn, Jörg W. Decressin, and Marco E. Terrones
Changes in asset prices are good predictors of economic downturns
Man versus Mother Nature
Nicole Laframboise and Sebastian Acevedo
In the battle against natural disasters, forward-thinking macroeconomic policy can help countries prepare for and mitigate the eventual blow
Aid and Oil
Rabah Arezki and Ritwik Banerjee
Growing numbers of large oil discoveries in low-income countries could reduce the need for foreign aid
Chained Value
Michele Ruta and Mika Saito
The growth of multicountry manufacturing is changing how the world’s income and growth are generated
DEPARTMENTS
From the Editor
In Brief
Feeding 9 billion by 2050
Time for a sea change
No cause for complacency
New “school tool”
Smart transport
Africa’s youth need skills boost
Events in 2014
People in Economics
The Queen of Numbers
Jeremy Clift profiles Lucrezia Reichlin, a pioneer in real-time short-term forecasting
Back to Basics
What Is Monetarism?
Sarwat Jahan and Chris Papageorgiou
Its emphasis on money’s importance gained sway in the 1970s
Book Reviews
Uncharted: Big Data as a Lens on Human Culture, Erez Aiden and Jean-Baptiste Michel
GDP: A Brief but Affectionate History, Diane Coyle
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