financial regulation

What does the Corruption Perceptions Index tell us—and what does it leave out?

The corruption index published annually by Transparency International has limitations that are commonly overlooked. In this post, 2021-2022 Policy Leader Fellow Anna Patricia Valerio argues that the oft-cited measure fails to capture the complexities of corruption, including the role that affluent countries and elite networks play in facilitating it.

Stopping stagflation in 2022

Europe’s current economic situation has striking parallels with the 1970s oil price shocks. In this post, Professor Waltraud Schelkle (Political and Social Sciences/Schuman Centre) explains why central banks are reluctant to fight inflation resolutely now: their fixation on asset markets as the metric for successful stabilisation.