Clemens Fuest

Economy & Jobs 10-07-2018

Germany would not be the main victim of Trump’s car tariffs

In May 2018, Donald Trump commissioned the US Department of Commerce to investigate whether car imports constitute a threat to US national security. It would seem so according to figures, but that is no more than an excuse to impose tariffs, writes Dr Clemens Fuest.
Economic governance 05-01-2018

A three-step plan for a better European Monetary Fund

The European Commission's ESM reform plans are so one-sided that they can only exacerbate the Eurozone’s existing problems and deepen the gulf between creditor and debtor states, writes Clemens Fuest.
Elections 28-02-2017

Populist economic policy and how to respond to it

It is crucial to explain to voters what the populist agenda is, why it is misleading and how national governments and the EU can respond, writes Ifo President Clemens Fuest.
Euro & Finance 09-03-2015

A solution for temporary debt mutualisation in the eurozone

The ECB’s Outright Monetary Transactions Programme (OMT) has offered welcome relief for many eurozone countries struggling with high debt levels. But the destruction of capital market discipline bears considerable risks, write Clemens Fuest and Friedrich Heinemann. To address this, the authors propose the introduction of a new form of junior government bonds, "accountability bonds".

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