What is happening in the euro area?
by Jean Pisani-Ferry on 15 March 2010
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Category: OPINION PIECES AND COLUMNS
Topics: Budgetary and monetary policies, European and global governance
Director Jean Pisani-Ferry discusses the uncertainties hovering over the euro area in light of the crisis in Greece which has renewed debate on the success of the monetary union. He explains the tough short-term and long-term challenges ahead for the EU to address the different kinds of crises that have gripped Greece and Spain. This op-ed was published in The New century Weekly.
Future developments of global imbalances
by Zsolt Darvas, Jean Pisani-Ferry on 15 March 2010
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Category: EXTERNAL PUBLICATIONS
Topics: Budgetary and monetary policies, European and global governance
Although the crisis was not triggered by a sudden capital outflow from current account deficit countries, such as the US, the deep roots of global imbalances and the crisis coincide to a large extent. Bruegel Director Jean Pisani-Ferry and Research Fellow Zolt Darvas examine the role of global imbalances to the crisis and explain how changes in the international monetary system can mitigate global imbalances.
This document was requested by the European Parliament's Committee on Economic and Monetary Affairs.
China and the world economy: a European perspective
by Jean Pisani-Ferry on 12 March 2010
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Category: POLICY CONTRIBUTIONS
Topics: European and global governance
Jean Pisani-Ferry discusses the emergence of China as a key economic and global player from a European perspective. Looking ahead, this paper focuses on two key aspects, the rebalancing of global growth and the strengthening of global governance, and explains how these will shape Sino-European economic relations. The author argues that now is the time for high-quality dialogue between policymakers from both sides. China and the European Union must overcome their institutional differences to pave the way for fruitful economic cooperation.
Think Global Act European II
by Jean Pisani-Ferry, Bruno van Pottelsberghe , Jakob von Weizsäcker on 04 March 2010
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Category: EXTERNAL PUBLICATIONS
Topics: European and global governance
On 4 March Notre Europe launched the second edition of Think Global Act European. This issue, dedicated to the Spanish, Belgian and Hungarian Trio Presidency, compiles analysis and recommendations from 14 different think tanks on the different issues concerning the changing role of the rotating presidency and the trio themselves. Bruegel has contributed with three papers: the first one by Bruegel Director Jean Pisani-Ferry on Internal and external challenges for the EU -coauthored by András Inotai, Director of the Institute for World Economics of the Hungarian Academy of Sciences / GKI-; and the other two by Senior Fellow Bruno van Pottelsberghe on The governance of the European patent system, and Research Fellow Jakob von Weizsäcker on Greening the Stimulus Debt.
Wirtschaftsregierung, mode d’emploi
by Jean Pisani-Ferry on 27 February 2010
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Category: OPINION PIECES AND COLUMNS
Topics: European and global governance
In this column Bruegel Director Jean Pisani-Ferry writes about European economic governance. Pisani-Ferry points out that the Greek crisis has highlighted the need to reinforce prevention and monitoring systems as well as to develop effective crisis management mechanisms. He concedes that the creation of the Euro had some mistakes, which were probably inevitable; however he emphasizes the need to learn from experience and to start proposing feasible solutions in the current European frame. This article was also published in the French newspaper Le Monde and the Chinese Century Weekly.