Le blog du CEPII
Europe

Six pack: the case for a simplified scoreboard

 PostNovember 14, 2012
By Laurence Nayman, Sophie Piton, Agnès Bénassy-Quéré
In December 2011, the ‘six pack’ introduced a new surveillance procedure of macroeconomic imbalances at the European level. However, the ten indicators used for the early warning of imbalances do not seem much more relevant than the simple indicator of the current account balance.



Eurobonds: a way to act swiftly

 PostJune 5, 2012
By Agnès Bénassy-Quéré
The Eurozone is facing three intertwined and mutually reinforcing crises: a sovereign debt glut, banks’ financial fragility and dampened growth prospects. Further fiscal and political integration seems to be the only way to address these issues.


Don’t let the Eurozone crisis go East

 PostApril 4, 2012
By Asia-Europe Economic Forum
The eurozone crisis presents a risk for Asian economies. Mainly, the crisis could spread through trade and various financial channels.Yet, economic impact of spillovers is not the only reason why Asia has a specific interest in the survival of the euro.



The international monetary system needs the euro

 PostJanuary 12, 2012
By Agnès Bénassy-Quéré
With the survival of the euro area at stake, and the reform of the international monetary system no longer a priority of the G20 presidency, it may seem strange to call for an increased international role of the euro.


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