A drastic change in the way we produce and consume energy is necessary to contain the risk of global environmental catastrophe. For its part, the…
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Cutting carbon, not the economy
2nd February 2012
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The Euro crisis and the new impossible trinity
15th January 2012
The search for solutions to the euro crisis is based on a partial diagnosis that overemphasises the lack of enforcement of existing fiscal rules. Europe’s leaders should rather address the euro area’s inherent weaknesses revealed by the crisis. -
A tale of three countries: recovery after banking crises
29th December 2011
The purpose of this Policy Contribution is to compare the policy responses in, and the adjustments made byIceland, Ireland and Latvia. Based on this comparison,…
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Mind Europe's early-stage equity gap
19th December 2011
Remedying the European Union’s deficient overall business research and development performance requires the nurturing of more new companies in new sectors, enabling them to grow to leading-innovator status. This means addressing young leading innovators’ access to external finance, particularly early-stage venture capital. -
Rating agencies and sovereign credit risk assessment
15th December 2011
Credit rating agencies (CRAs) have not consistently met the expectations placed on them by investors and policymakers. It is difficult, however, to improve the quality…
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Assessing competitiveness: how firm-level data can help
16th November 2011
As policymakers refocus on growth, the ability to take a firm-level view is key to disentangling the various factors at the root of competitiveness, and…
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Wanted: a stronger and better G20 for the global economy
31st October 2011
Ahead of the G-20 summit in Cannes of 3-4 November, this policy contribution by Jean Pisani-Ferry and Ignazio Angeloni outline a set of priorities to…
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Rate expectations: what can and cannot be done about rating agencies
31st October 2011
Nicolas Veron scrutinizes the current European debate about credit rating agencies. He warns against restricting the agencies’ freedom of expression or regulating their methodologies, and recommends vastly expanded public disclosure requirements on issuers to improve the quality of risk assessments. -
Europe's growth emergency
21st October 2011
This Policy Contribution puts forward policy recommendations to move towards growth rebuilding in the EU, reducing the fragility of the European banking sector and restore the image of southern European countries as worthwhile places to invest. -
Is recent bank stress really driven by the sovereign debt crisis?
20th October 2011
Ahead of the European Council meeting on 23 October, the author outlines how EU Heads of States should focus on restoring confidence in euro-area policymakers’ ability and determination to put the euro area on a sound footing and restore market credibility.
