Could populism spell the end of the EU?
Watch the Which Europe Now? session from the World Economic Forum's Annual Meeting 2017 here.
Adviser, European Parliament. Former: Member, advisory bodies, French Ministry of Finance and French Prime Minister; Editor, International Finance; Member, Shadow Council, Handelsblatt. Member, Advisory Scientific Committee, European Systemic Risk Board. Deputy Chair, Supervisory Board, Eurizon Capital. Author: Winds of Change in Central and Eastern Europe (1995, 2001); European Monetary Integration, from EMS to EMU (1997). Expertise and interests: international economics, financial markets and currencies, European integration, European monetary union.
Watch the Which Europe Now? session from the World Economic Forum's Annual Meeting 2017 here.
Otro año, otra amenaza a la supervivencia de la Unión Europea. La buena noticia es que la mayor ruptura de 2016, el voto de Gran Bretaña para abandonar la UE, parece manejable. La mala no...
Europe has just endured two more difficult tests. While Austrian voters rejected the possibility of the European Union getting its first far-right head of state, Italians delivered a stin...
Europa acaba de atravesar otras dos difíciles pruebas. Los votantes austríacos rechazaron la posibilidad de que la Unión Europea tuviera su primer jefe de Estado ultraderechista, pero los...
La votación del Reino Unido a favor de su salida o “Brexit” de la Unión Europea está en camino de convertirse en el mayor no-acontecimiento del año. Más allá de una libra esterlina más dé...
The United Kingdom’s vote to “Brexit” the European Union is on course to become the year’s biggest non-event. Beyond a weaker pound and lower UK interest rates, the referendum has not had...
Brussels had an extraordinary weekend to digest the news that the population of one of its most prosperous members had signaled its intention to leave the club. A hastily convened summit ...
On both sides of the Atlantic, populism of the left and the right is on the rise. Its most visible standard-bearer in the United States is Donald Trump, the Republican Party’s presumptive...
Central banks throughout the developed world have been overwhelmed by the fear of deflation. They shouldn’t be: The fear is unfounded, and the obsession with it is damaging.
It has become by now almost a cliché that Germany’s excess savings are being wasted abroad. But this is a popular misconception based on the divergence between the cumulated current accou...
China has just announced that last year, for the first time since it began opening up its economy to the world at the end of the 1970s, exports declined on an annual basis. And that is no...
The European economy will continue its gradual recovery in 2016-17. Europe’s medium to long-term growth prospects, however, look decidedly mediocre. In a fast-changing global economy, Eur...
For the better part of a decade, central banks have been making only limited headway in curbing powerful global deflationary forces. Since 2008, the US Federal Reserve has maintained zero...