Writing

2020
OECD Development MattersThe G20 and the failure of policy coordination during COVID-19
Nikkei Asian ReviewChina’s yuan policy has made Hong Kong redundant
East Asia ForumA COVID-19 debt shock in Asia?
Project SyndicateThe Limits of Extreme COVID Monetary Policy
Project SyndicateItaly’s Risky Silk Road
Project SyndicateWhat the G20 Must Do
Project SyndicateItaly’s New Affliction
2019
Project SyndicatePaola Subacchi Says More…
South China Morning PostAn attempt to freeze China out of the US dollar system will hasten decoupling, but not to America’s advantage
Project SyndicateTrump’s Manipulation of Currency Manipulation
The Global Governance Project The evolution and effectiveness of the W20
Financial Times Ties with China won’t help Italy’s economic malaise
South China Morning PostDebt-laden Italy eyes China’s belt and road, risking more than just the wrath of Donald Trump and the EU
Globe and Mail If Italy elects to take China’s Silk Road, it should tread with caution
Project SyndicateThe Road From Thatcherism
2018
Nikkei Asian ReviewAsia will struggle to cut dependence on IMF rescues
East Asia ForumLessons from Europe
Project SyndicateItaly’s Old New Populism
Project SyndicateHard Lessons from Genoa
South China Morning PostWhy China’s central bank is caught between a rock and hard place unless it allows the renminbi to float freely
Project SyndicateChina’s Currency Catch-22
Financial TimesTime to give Italy some breathing space
Project SyndicateThe Central-Bank Song Remains the Same
Financial TimesFive Star can start by changing from within
Project SyndicateThe Electoral Fate of Italy’s Banks
2017
Project SyndicateWhy the Renminbi Won’t Rule
Project SyndicateSaving the International Economic Order
Financial TimesTrue political integration is the best solution for the eurozone
Istituto Affari InternazionaliChallenges for Global Macroeconomic Stability and the Role of the G7
Istituto Affari InternazionaliThe G7’s Task for Restoring Growth and Stability
Project SyndicateThe Return of Industrial Strategy
East Asia ForumThe global monetary system from sterling to the renminbi
Chatham House China’s Dollar Trap
Chatham HouseCriticism of Germany Reveals the Trump Administration’s Economic Incoherence
Project SyndicateEconomic Crises and the Crisis of Economics
Financial TimesChina should let the renminbi float
2016
Project SyndicateFree Trade in Chains
Chatham HouseFall in Pound Shows Sovereignty’s Limits
Financial TimesTrump did not just appear out of the blue
Project SyndicateSaving Italy From Itself
Chatham HouseG20 Must Push for More Inclusive GDP
Financial TimesWrong moment for creative policymaking
Globe and MailSorting out MPS a chance to reset Italy’s banking system
Globe and MailIn one fell stroke, a new geography of finance for London and beyond
Foreign PolicyWestminster’s Squabbling Is Making Brexit Worse
Nikkei Asian ReviewPaola Subacchi — In the world of currencies, wait-and-see is the best action
Project SyndicateNo Country for Young Men (and Women)
Project SyndicateThe Contradictions of Chinese Capitalism
Chatham HouseEurope’s Too-Big-to-Fail Banks Remain Risky
Financial TimesChina’s ambiguous financial liberalisation
Foreign Policy2016 Forecast: The Foils of Toxic Growth and Disparity
Financial TimesA lightning rod for discontented Italian voters
2015
Nikkei Asian ReviewPaola Subacchi: Seeing through the SDR hype
Chatham HouseWith Special Drawing Rights, the RMB Is an International Currency in the Making
Project SyndicateThe Renminbi Goes Forth
Foreign PolicyIs the G-20 Still the World’s Crisis Committee?
Chatham HouseBritain is Betting on the Power of the Renminbi
Foreign PolicyWith Great Pandering Comes Great Responsibility
Chatham HouseW20 Can Help Push Gender Equality Commitments to Fruition
Foreign PolicyIt’s the End of the World as We Know It, and the IMF Feels Fine
Chatham HouseThe Responsibilities of the Dollar
Foreign PolicyOur Currency, Everyone’s Problem
Foreign PolicyWhy Won’t the G20 Address the Refugee Crisis?
Chatham HouseBeijing’s Economic Inexperience Has Been Exposed
Foreign PolicyThe Bush Leaguers of Beijing
Chatham HouseThe Curious Case of China’s Falling Yuan
Globe and MailIs this a new currency war, or is Beijing just finding its way?
Foreign PolicyWhat’s Next for Greece?
Foreign PolicyTime to Forget the Bailouts and Make a Real Decision
Chatham HouseGrexit Would Trigger a Major Political Crisis for the EU
Globe and MailDo European leaders and voters understand what follows Grexit?
Foreign PolicyFragile Europe, Exposed and Unmoored
Foreign PolicyDragon Down
Foreign PolicyMake Way for the RMB
Foreign PolicyCan Europe Survive Without Greece?
Foreign PolicyThe Coming Crisis Between Britain and the EU
Foreign PolicyWelcome to Messy Europe, Britain
Foreign PolicyThe G20 Is Finally Taking Gender Equality Seriously
South China Morning PostThe US must wake up to a multipolar world by welcoming China to the table
Project SyndicateAmerican Leadership in a Multipolar World
Foreign PolicyThe AIIB Is a Threat to Global Economic Governance
Foreign PolicyQE’ing the Can Down the Euro Road
Foreign PolicyThe Euro Was a Bad Idea From the Start
Foreign PolicyGreece’s Dynamic Duo Takes on the Troika
Foreign PolicyThe ECB’s Q.E.D.
Foreign PolicyGreece’d Lightning and the Italian Stallion
2014
Project SyndicateRenzi’s Choice, Europe’s Loss
Chatham House‘Whatever it Takes’ to Get Economic Growth Going in Europe
Prospect Politics is hindering infrastructure investment
ProspectThe global non-system
Project SyndicateThe Business of Korean Reconciliation
2013
Chatham HouseThe Variable Geometry of National Sovereignty
Project SyndicateThe Last Gentlemen’s Club
Financial TimesBlaming Fed for current turmoil does not help the dialogue
Project SyndicateCentral Banking’s New Face
Project SyndicateItaly’s Greek Tragedy
Chatham HouseLast Chance Saloon for Italy
Project SyndicateAn Economic Agenda for Italy
Project SyndicateAn Era of Currency Wars?
Chatham HouseBritain’s EU Future: Asking the Right Questions
2012
Project SyndicateChina’s Growth Challenge
Project SyndicateEurope’s Unending Berlusconi Problem
Financial TimesShelve gender equality to boost ECB
Project SyndicateNormalizing Italy
2011
Chatham HouseEurozone Crisis: Can We Wait?
Financial TimesTime to end the taboo and have an industrial policy again
Politico A tough job for Mr Monti
Chatham HouseGreece: A Game-changer for the G20
BrookingsPreventing Crises and Promoting Economic Growth
Financial TimesLehman’s lessons for policymakers
Chatham HouseA G20 Solution to the Eurozone Crisis
Chatham HouseLessons from the Collapse of Bretton Woods
Chatham HouseGlobal Economy: Back to 2008?
Chatham HouseEurozone: the Game is Still On
PoliticoGlobal governance lessons for Europe
Chatham HouseAvoiding a European Stitch-up for the IMF Top-Spot
Chatham HouseThe World Economy is Not a Zero-sum Game
CIGISpecial Report: Preventing Crises and Promoting Economic Growth
PoliticoItaly, the lurking danger
Chatham HouseIgnoring the Inevitable is No Way to Run a Global Economy
Chatham HouseThe US Needs to Shift its Economic Approach to China
2010
Chatham HouseGlobal Economics and the Need for Policy Cooperation
Chatham HouseG20: What to Expect, What to Wish
Project SyndicateLocking China Out of the Dollar System
Chatham House‘Currency Wars’: the US should take the lead to stop the race to the bottom
Chatham HouseThe US should be Aware of Dollar Malaise
PoliticoWhere was Europe?
Chatham HouseG20 Summit: Where is Europe?
Chatham HouseG8 and G20 Summits: African Players Changing the Rules
PoliticoEmerging from the emergency
CIGIInternational Affairs: Special Issue
Chatham HouseBeyond the Dollar
Chatham HouseSetting the Scene for the G20
2009
Chatham HouseGlobal Economic Governance: Europe’s Hard Choice
CIGIFrom London to L’Aquila: Building a Bridge between the G20 and the G8
Chatham HouseThe Missing Piece: The London Summit and the Exchange Rate Regime
2008
Chatham HouseAnother Wall Street Collapse: Are We Surprised?
Chatham HouseDown They Fall – Recessions Break Out as Banks Lurch into New Era
Financial TimesReforms that would help euro punch its weight