Articles in English

Should the G20 agree to current-account balance targets?

Jean PISANI-FERRY   |   5 November 2010

The hard question is how to meet the targets US TREASURY Secretary Tim Geithner has recently proposed that the G20 countries “undertake policies consistent with reducing external imbalances below a specified share of GDP”. Countries “running persistent deficits should boost national...

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Publications in English

Global Imbalances and the Collapse of Globalised Finance

Anton BRENDER   |   10 February 2010

The world economy is just starting to recover from the most disastrous episode in the history of financial globalisation. Understanding what happened is essential. Anton Brender and Florence Pisani, both economists with Dexia Asset Management and teaching at Paris-Dauphine University, argue in this...

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