Daniel C. Hardy
Daniel C. Hardy is a Senior Research Associate at the Vienna Institute for International Economic Research and a consultant on economic policy issues. He spent many years at the International Monetary Fund, leading work on macroeconomic and financial sector surveillance; Fund-supported programs; Fund policies; and technical assistance in a wide range of industrialized and emerging markets and developing countries. He has also held positions at the Deutsche Bundesbank and the Austrian Financial Market Authority and has been an academic visitor at St. Antony’s College, Oxford, and the Vienna University of Economics and Business. His recent research has addressed topics in public sector governance; the functioning of the European Monetary Union and the Capital Market Union; and sovereign debt management. He studied at Oxford University and Princeton University.
Are Sovereign Green Bonds Anything More than a Fad?
It has become fashionable for governments to issue “green” bonds to fund the transition to sustainability. However, sovereign green bonds as currently...
Mobile Internet Is Changing Employment in Developing Countries, but Not Always as Expected
Scholars and policymakers have put much faith into the prospect of internet connectivity catalyzing development in low- and middle-income countries. In new...
Biden’s Second-Best Economic Agenda
Efficiency is out and political economy is in. But what does that imply about making good policy?
The Fed and Bank Failures
Viral Acharya and Raghuram Rajan explain how quantitative easing contributed to the problems underlying the recent bank failures such as that of...
Antitrust and Competition
Self-Preferencing Theories Need To Account for Exploitative Abuse
Patrice Bougette, Oliver Budzinski, and Frédéric Marty argue in their research that antitrust authorities on both sides of the Atlantic must take...
Antitrust and Competition
Startup Acquisitions Have Undecided Effects on Innovation and Economic Growth
Startups are a major driver of innovation, but many startups are acquired by large incumbents. Do these acquisitions stifle innovation or promote...
ESG & Corporate Governance
History Shows that Voluntary ESG Standards Lead to a More Focused ESG Disclosure
In recent years, ESG reports have become more common for publicly traded companies. However, critics have found the information they provide to...
Letters that Matter: How Interest Groups Shape Financial Legislation
Members of Congress are inundated with an avalanche of correspondence on a daily basis. But what persuades them to heed the call?...