Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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June 23, 2015
Europe and Eurasia
Greece and Its Creditors Should Do a Guns-For-Pensions Deal
IMF Chief Economist Olivier Blanchard has said that Greece needs to slash pension spending by 1% of GDP in order to reach its new budget targets. The Greek government continues to resist, arguing…
December 14, 2011
Economics
What Have We Learned about Macroeconomics from the Crisis?
Experts discuss the lessons learned during the financial crisis and the importance of federal economic oversight in addition to regulatory reform.
November 6, 2007
Religion
The Future of Radical Islam in Europe
Watch French author and academic Olivier Roy discuss his views of Islam in Europe, noting a rejection of radicalism among the mainstream and bemoaning government policies that "stir up the problems w…
December 7, 2005
China
There is a consensus: China needs to consume more
See Olivier Blanchard and Francesco Giavazzi's latest paper on China. Blanchard (last seen on these pages back in September) and Giavazzi have laid out a comprehensive economic program for China, o…
July 24, 2019
International Economic Policy
The IMF (Still) Cannot Quit Fiscal Consolidation…
The IMF's country-level fiscal advice has an adding up problem. The IMF (over time) wants most countries to match the euro zone and head toward fiscal balance. That though would leave the world short…
