Isabel SCHNABEL | Reviving growth in the euro area

Over the past decades, the euro area has lagged in productivity growth as it has failed to reap the benefits of the digital revolution. Recent challenges, including higher energy prices, China moving up the value chain and trade fragmentation, have further strained competitiveness and economic growth. By shifting policy priorities towards innovation, integration and investment, the euro area can overcome stagnation and embark on a new era of economic prosperity while strengthening its sovereignty.

Isabel Schnabel has been a Member of the Executive Board of the European Central Bank (ECB) since 2020 where she is responsible for Market Operations, Research and Statistics. She is currently on leave from the University of Bonn, where she has been Professor of Financial Economics since 2015. From 2014 to 2019 she served as a member of the German Council of Economic Experts. Isabel Schnabel holds a PhD in Economics from the University of Mannheim. She is a Distinguished Fellow at the Centre for Economic Policy Research (CEPR). Moreover, she is a member of the North Rhine-Westphalian Academy of Sciences, Humanities and the Arts as well as the Berlin-Brandenburg Academy of Sciences and Humanities and a corresponding member of the Austrian Academy of Sciences.

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