A Matter of Equity, Faith and Trust

Membre depuis

1 year 6 months
A solution to Europe's economic woes is straightforward, but differing views of the euro system are preventing implementation.

Helping the ECB Cross the Rubicon

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1 year 4 months
Eurozone monetary officials are expected to make history when they gather for the European Central Bank’s next policy-setting meeting on January 22. Observers anticipate that ECB President Mario Draghi and his colleagues will finally cross the Rubicon and announce the launch of a large-scale program of quantitative easing (QE) – in other words, high-volume purchases of government bonds. Though the ECB has resisted QE for more than five years, even as other major central banks embraced it, Executive Board member Benoît Coeuré has already called it the “baseline option.”

The ECB and its Critics

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1 year 4 months
In Northern Europe and especially in Germany, the decision by the European Central Bank to embark on Quantitative Easing (QE) has triggered an outbreak of accusations. Here is a survival guide for readers lost in indictments.

A Tale of Two Theories

Membre depuis

1 year 4 months
Global growth disappoints again. A year ago, the International Monetary Fund expected world output to rise 4% in 2015. Now the Fund is forecasting 3.3% for the year – about the same as in 2013 and 2014, and more than a full percentage point below the 2000-2007 average. By Jean Pisani-Ferry