Regulation must adapt to the world that is emerging
The transformations of the world and the management of global issues in the form of a balance of power will profoundly modify the collective response to an imbalance. Shocks will…
Philippe Waechter's blog
Gita Gopinath, the new IMF chief economist, on trade and dollar
https://www.economist.com/finance-and-economics/2018/10/06/the-imf-appoints-a-new-chief-economist
The Fed's strategy, the dollar and the emerging markets
The Fed’s meeting today is an opportunity to show the dramatic monetary policy divergence between the US central bank and the ECB and the risk for a stronger greenback. The…
The rules of the game have changed for emerging countries
The emerging countries’ environment is dramatically changing. It used to be an easy place to play but it is no longer the case. Stability in developed countries’ monetary policy was…
Oil, dollar, wages and unemployment in the US – my Monday column*
Oil prices are soaring out of control to slightly above $75/bbl, while the greenback is gaining ground again, and now stands at under 1.2 to the euro with its effective…
What should the dollar’s value be? Unemployment in France – My Monday column
The hefty fiscal stimulus in the US involving a rise in spending (1% of GDP in 2018 and 2019) and the implementation of tax cuts should be seen as a…