Many OECD countries suffer from high sovereign debts. Sooner or later, this problem must be addressed. That will require some form of fiscal retrenchment.
Fiscal consolidation and reforms: Substitutes, not complements
Coen Teulings, 13 September 2012
A reflection on the G20 (The question never asked to Mr Zoellick)
Biagio Bossone, 17 October 2009
Last week, in Istanbul, on the occasion of the annual meetings of the IMF and the World Bank, I participated as a country official to the Small States Forum – the place where the smallest nations on earth meet to discuss economic policy issues of common interest. World Bank president Robert Zoellick intervened in one of the forum sessions for a brief presentation and a round of Q&A.
The Report of the Manuel Committee on IMF Governance Reform: What’s good, what’s less good, and what’s missing?
Biagio Bossone, 21 April 2009
In recent years, especially since the start of the first global crisis of the new millennium, reforming the governance of global finance, particularly the Bretton Woods institutions, has attracted increasing attention from analysts and policymakers involved in international financial issues.
A proposal to the members of the G20
Biagio Bossone, 14 March 2009
The increasingly painful international crisis demands that our world leaders rethink the very foundations of global economic governance.
Debating global financial governance on Vox: Where do we stand?
Biagio Bossone, 18 February 2009
As the G20’s April summit approaches, the debate on reform options needs to focus on the key issues that will be before the national leaders.
EU Constitution and its replacement: an economist’s perspective, Part 1
Richard Baldwin, 9 June 2007
The June 2007 Summit organised by the Germany Presidency of the EU will strive to revive the Constitutional Treaty, or parts of it. The goal is to set the agenda for a new Intergovernmental Conference that would draft a new treaty. Such agendas usually pre-determine much of the final outcome, so it is important to discuss now what any new treaty should look like.
- A tale of two depressions: What do the new data tell us? February 2010 updateEichengreen, O’Rourke
- The ECB’s stealth bailoutSinn
- Educated in America: College graduates and high school dropoutsHeckman, LaFontaine
- Eurozone breakup would trigger the mother of all financial crisesEichengreen
- Panic-driven austerity in the Eurozone and its implicationsDe Grauwe, Ji
Adelman, 28 October 2013
Reichlin, Giugliano, 7 November 2013
Holmes, McGrattan, Prescott
Beck, De Haas, Ongena