This week Andrew Bailey took over as the governor of the Bank of England, replacing Mark Carney after eight years at the helm.
His appointment comes during the worst economic crisis since the financial crisis of 2008, as the coronavirus sweeps the world and fears of a global recession rise. At the same time, challenges such as inequality and climate change have led many to call on central banks to play a more active role in the economy.
In collaboration with the New Economics Foundation, we asked eight leading economists to outline what Bailey’s top priorities should be in his new role. Here’s what they had to say:
