On overview of the conclusions drawn by the evaluation committee

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8 months 2 weeks
The law on economic growth and activity (“Loi pour la croissance et l'activité”) is designed to create the conditions for a rebound in French economic and employment growth. Assessing the potential effects of its main legal provisions is thus important to ensure that the debate -including in Parliament- is conducted in an objective manner.

Central bank advocacy of structural reform: why and how?

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8 months 2 weeks
Forthcoming in European Central Bank (2015), Inflation and Unemployment in Europe, Proceedings of the ECB Forum on Central Banking, Frankfurt am Main.

An Investment Climate for Climate Investment

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8 months 2 weeks
By Sam Fankhauser (Grantham Research Institute - London School of Economics) - Three factors hold back low-carbon investment in Europe: the risk/return profile of low-carbon investment projects, regulatory and behavioural features in the financial sector and a more global political economy context. These are key issues to create an investment climate for climate investment.

Zero Interest Rates: The New Normal?

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8 months 2 weeks
The financial crisis of 2008-09 was a once-in-a-lifetime event that increasingly appears to have been a game-changer for our globalized economies of the 21st century.

The Minimum Wage: Assessing Its Impact on Workers and the Economy

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8 months 2 weeks
That the financial crisis of 2008-09 has reshuffled the economic deck for the advanced economies is beyond a doubt. It has forced them to consider economic policies that were once off the table in the globalized market economies of the early aughts.

Pushing on a String: The Resurgence of Keynesian Economics

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8 months 2 weeks
Keynesian economics, which had its genesis in the Great Depression of the 1930s, holds that high inflation is not possible when unemployment itself is high. The famous Phillips curve seemed to confirm this in 1958.

Immigration in the West and Its Discontents

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8 months 2 weeks
Immigration is arguably one of the most contentious issues today in the West. Even young countries that have been built by newcomers and have thrived on immigration, such as Australia and the US, are increasingly questioning whether open borders are such a good thing.

Brexit and the EU Budget

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10 months 1 week
Although it was not the focus of much debate during the Brexit campaign, the question of the “bill” related to the United Kingdom’s departure from the EU is a key issue in the exit negotiations following the official trigger on 29 March 2017.

Thinking ‘Eco-Systemically’ to Shift the Trillions

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10 months 1 week
A factor that clearly differentiates COP21 and COP15 in Copenhagen is the increasing mobilization of the financial sector. In the past months, financial actors have taken commitments and spoken out on climate-related topics. While only time will tell, it suggests that a tectonic shift is occurring. A number of financial actors are moving from a position of ‘neutrality’ to a recognition that climate-related issues will affect the financial sector – who in turn can influence the extent of climate change itself.