What new European austerity plans await us in 2012?
By Eric Heyer To meet French commitments vis-à-vis Brussels to a general government deficit in 2012 of 4.5% of GDP, the French Prime Minister Francois […]
Europe (en)
The G20 Summit in Cannes: Chronicle of a Disappointment Foretold?
By Jérôme Creel and Francesco Saraceno Too long and too technical, the final declaration of collective action of the G20 Summit in Cannes shows that […]
Why the developed countries should renounce their AAA rating
By Catherine Mathieu and Henri Sterdyniak By their very nature, states with monetary sovereignty should renounce their AAA rating: indeed, what is the logic behind […]
The dual mandate, the Fed and the ECB
By Jérôme Creel and Francesco Saraceno Since 21 September 2011, the US Federal Reserve has launched Operation Twist to reallocate its balance sheet to reduce […]
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 […]