European Council: wait and sink?
By Jérôme Creel, Paul Hubert and Francesco Saraceno The European Council meeting being held at the end of the week should have been spent, according […]
austerity
Less austerity = more growth and less unemployment
Eric Heyer and Xavier Timbeau The European Commission has just released its spring forecast, which anticipates a recession in 2012 for the euro zone (“mild” […]
A letter to President François Hollande
by Jérôme Creel, Xavier Timbeau and Philippe Weil [1]
He who sows austerity reaps recession
By the Department of Analysis and Forecasting, headed by X. Timbeau This article summarizes OFCE note no.16 that gives the outlook on the global economy […]
Austerity is not enough
By André Grjebine and Francesco Saraceno It is certainly possible to question whether the role acquired by the rating agencies in the international economy is […]
A letter to President François Hollande
by Jérôme Creel, Xavier Timbeau and Philippe Weil [archivage et redirection] [version française ; english version]
Fiscal consolidation wrong-footed
By Sabine Le Bayon Should deficit reduction be the priority of governments today? The constraints imposed by the Stability Pact and especially by the financial […]
L’emprunt forcé : l’arme de destruction massive de la politique budgétaire
par Jean-Paul Fitoussi, Gabriele Galateri di Genola et Philippe Weil Il est grand temps, pour rappeler les marchés à la réalité, de ressortir l’emprunt forcé […]
Forced borrowing: the WMD of fiscal policy
By Jean-Paul Fitoussi, Gabriele Galateri di Genola and Philippe Weil A spectre is haunting Europe – the spectre of sovereign default. All the powers of old Europe […]