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Marcel Fratzscher

Marcel Fratzscher

19 commentaries

Marcel Fratzscher, a former senior manager at the European Central Bank, is President of the think tank DIW Berlin and Professor of Macroeconomics and Finance at Humboldt University of Berlin.

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  1. Is France’s Economy Now Stronger than Germany’s?
    fischer198_Sean GallupGetty Image_macronscholz Sean Gallup/Getty Images

    Is France’s Economy Now Stronger than Germany’s?

    Dec 21, 2023 Marcel Fratzscher urges the EU’s leading economies to focus on their similarities rather than their differences.

  2. Germany’s Debt Brake Is Breaking Its Economy
    fratzscher18_ODD ANDERSENAFP via Getty Images_germany debt brake ODD ANDERSEN/AFP via Getty Images

    Germany’s Debt Brake Is Breaking Its Economy

    Nov 28, 2023 Marcel Fratzscher warns that a flawed constitutional rule is undermining the country’s ability to pursue essential reforms.

  3. The EU Must Break the Brexit Deadlock
    fratzscher17_ Leon NealGetty Images_boris johnson brexit Leon Neal/Getty Images

    The EU Must Break the Brexit Deadlock

    Dec 8, 2020 Marcel Fratzscher thinks that a no-deal scenario would impose high long-term economic and geopolitical costs on Europe.

  4. Taking the German Constitutional Court Seriously
    fratzscher16_Uli Deckpicture alliance via Getty Images_germanfederalconstitutionalcourt Uli Deck/picture alliance via Getty Images

    Taking the German Constitutional Court Seriously

    May 12, 2020 Marcel Fratzscher views the court's recent ruling against the European Central Bank as a flawed but necessary wake-up call.

  5. The ECB Needs a New Mandate
    fratzscher15_Larry Washburn Getty Images_EUflagmoney Larry Washburn/Getty Images

    The ECB Needs a New Mandate

    Dec 6, 2019 Marcel Fratzscher urges the European Central Bank to broaden its definition of price stability – but only after shoring up its credibility.

  1. ocampo58_Spencer PlattGetty Images_wealthtax Spencer Platt/Getty Images

    Finishing the Job of Global Tax Cooperation

    José Antonio Ocampo

    Given the many loopholes and opportunities for tax arbitrage in today's global economy, much closer international cooperation will be needed to ensure that multinational corporations and the world's wealthiest people pay their fair share. Negotiations for this purpose are now underway, but developed countries must get on board.

    offers a blueprint for ongoing negotiations toward a new convention to tax multinationals and the wealthy.
  2. rogoff248_ Jemal CountessGetty Images for the Peter G. Peterson Foundation_debt Jemal Countess/Getty Images for the Peter G. Peterson Foundation

    The End of Magical Debt Thinking

    Kenneth Rogoff welcomes economists’ recent reassessment of the costs and benefits of public borrowing.
  3. patten165_Anastasia VlasovaGetty Images_ukraine war Anastasia Vlasova/Getty Images

    The West Must Not Let Putin Win

    Chris Patten implores the US and Europe to continue supporting Ukraine’s fight for freedom with weapons and aid.
  4. frankel159_ADEK BERRYAFP via Getty Images_indonesia currency ADEK BERRY/AFP via Getty Images

    The Election-Devaluation Cycle

    Jeffrey Frankel revisits the idea that emerging and developing economies are likely to prop up their currencies before a vote.
  5. sherwin12_MANDEL NGANAFP via Getty Images_trumpsupremecourt Mandel Ngan/AFP via Getty Images

    Trump’s Enablers on the Supreme Court

    Richard K. Sherwin

    Former US President Donald Trump's claim of absolute immunity from prosecution for "official acts" while he was in the White House is breathtaking in scope, as it could include ordering assassinations and coups. While the Supreme Court may not uphold Trump's expansive claim, its ruling will almost certainly give Trump what he wants.

    thinks the majority's support for broad immunity for former presidents rests on a dangerous premise.
  6. elerian167_Michael M. SantiagoGetty Images_nyse Michael M. Santiago/Getty Images

    Navigating Major Transitions in an Uncertain Economy

    Mohamed A. El-Erian explains how to recalibrate expectations in the face of yet another forecasting failure.
  7. brosda1_Matt CardyGetty Images_social media news Matt Cardy/Getty Images

    Must Democratizing the Media Be Bad for Democracy?

    Carsten Brosda proposes a strategy to defend the digital public square against manipulation and algorithmic distortion.
  8. mazzucato66_Soumyabrata RoyNurPhoto via Getty Images_IndiaUPI Soumyabrata Roy/NurPhoto via Getty Images

    Central Banks in a Cashless World

    Mariana Mazzucato & David Eaves explain why policymakers should become more involved in shaping or creating digital-payments infrastructure.
  9. nsofor9_ Zhu Huanan  CFOTOFuture Publishing via Getty Images_hpv vaccine Zhu Huanan / CFOTO/Future Publishing via Getty Images

    Governments Must Step Up to Prevent Cervical Cancer

    Ifeanyi M. Nsofor urges policymakers worldwide to commit to administering the HPV vaccine as widely as possible.

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