Leonardo Baggiani, Author at IREF Europe https://en.irefeurope.org/author/leonardo-baggiani/ Independent research and policy analysis on fiscal, monetary, and regulatory issues in Europe Wed, 16 Mar 2022 14:00:35 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://en.irefeurope.org/wp-content/uploads/sites/3/2026/04/IREF-LinkedIn-Profile-DarkBlue-scaled.png Leonardo Baggiani, Author at IREF Europe https://en.irefeurope.org/author/leonardo-baggiani/ 32 32 The strategic rationale for Central Bank Digital Currency https://en.irefeurope.org/publications/online-articles/article/the-strategic-rationale-for-central-bank-digital-currency/?utm_source=rss&utm_medium=rss&utm_campaign=the-strategic-rationale-for-central-bank-digital-currency https://en.irefeurope.org/publications/online-articles/article/the-strategic-rationale-for-central-bank-digital-currency/#respond Wed, 16 Feb 2022 09:06:22 +0000 https://en.irefeurope.org/?p=34320 The ECB Report on a digital euro states explicitly that a digital euro would support the role of the European Union as a sovereign entity and foster the international role…

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]]> https://en.irefeurope.org/publications/online-articles/article/the-strategic-rationale-for-central-bank-digital-currency/feed/ 0 NO MAGIC WAND FOR PUBLIC DEBT, EXCEPT… https://en.irefeurope.org/publications/online-articles/article/no-magic-wand-for-public-debt-except/?utm_source=rss&utm_medium=rss&utm_campaign=no-magic-wand-for-public-debt-except https://en.irefeurope.org/publications/online-articles/article/no-magic-wand-for-public-debt-except/#respond Wed, 15 Dec 2021 07:05:07 +0000 https://en.irefeurope.org/publications/online-articles/article-no-magic-wand-for-public-debt-except/ Public debt in the whole world keeps growing. As recently reported in “A Mountain of Debt: Navigating the Legacy of the Pandemic” and “The Aftermath of Debt Surges”, it is just the last “debt wave” in a long-established tendency. Yet, the rise has accelerated during the Covid-19 Pandemic: during 2020, public debt increased by 16 percentage points to 120% of GDP in the advanced economies, and by 13 percentage points to 97% of GDP globally. What are the possible ways out?

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