Narrow search
Showing 1 - 10 of 38
Cover Image
The end of Europe's longstanding indifference to the Renminbi
Pisani-Ferry, Jean (contributor) - 2008
In this Policy Contribution, Jean Pisani-Ferry observes the lack of European interest towards China's exchange policy … renminbi, and they can be expected to adopt an increasingly active stance on China's exchange rate policy. …
Persistent link: https://www.econbiz.de/10003749972
Cover Image
The threat of "currency wars" : a European perspective
Darvas, Zsolt M.; Pisani-Ferry, Jean - 2010
In this paper, original written for the Economic and Monetary Affairs Committee (ECON) of the European Parliament on 30 November as part of the series entitled 'The threat of "currency wars": global imbalances and their effects on currencies', Bruegel Fellows Jean Pisani-Ferry and Zsolt Darvas...
Persistent link: https://www.econbiz.de/10008749596
Cover Image
Intra-euro rebalancing is inevitable but insufficient
Darvas, Zsolt M. - 2012
Greece, Portugal and Spain face a serious risk of external solvency due to their close to minus 100 percent of GDP net negative international investment positions, which are largely composed of debt. The perceived inability of these countries to rebalance their external positions is a major root...
Persistent link: https://www.econbiz.de/10009583057
Cover Image
Propping up Europe?
Pisani-Ferry, Jean; Wolff, Guntram B. - 2012
The Bank of England, the Federal Reserve (Fed) and the European Central Bank (ECB) have responded to the crisis with exceptional initiatives resulting in a major increase in their balance sheets. After the ECB's end-2011 launch of three-year bank refinancing (LTRO), there has been speculation...
Persistent link: https://www.econbiz.de/10009526058
Cover Image
Bank versus non-bank credit in the United States, Europe and China
Véron, Nicolas - 2013
In the wake of recent crisis developments in the US and Europe, non-bank credit channels have often been portrayed as 'shadow banking' and have been considered primarily through the lens of the risks they may pose to financial stability. However, the debate about financial system structures...
Persistent link: https://www.econbiz.de/10009749486
Cover Image
Reform of the international monetary system : some concrete steps
Bénassy-Quéré, Agnès; Pisani-Ferry, Jean; Yu, Yong-ding - 2011
Reform of the international monetary system is under discussion after three decades of apathy. Tectonic shifts in the balance of international power have made reform more urgent. However, in the short term, there is little chance of a grand redesign of the international monetary system....
Persistent link: https://www.econbiz.de/10008907828
Cover Image
The euro crisis : ten roots, but fewer solutions
Darvas, Zsolt - 2012
Many factors have contributed to the euro crisis. Some have been addressed by policymakers, even if belatedly, and European Union member states have been willing to improve the functioning of the euro area by agreeing to relinquish national sovereignty in some important areas. However, the most...
Persistent link: https://www.econbiz.de/10009631477
Cover Image
A compelling case for Chinese monetary easing
Ma, Guonan - 2015
big five economies, China’s monetary policy stance and broader financial condition both tightened the most in the wake of … policy would serve China best at the current juncture, because it would support domestic demand and help with the … restructuring of China's local government debts, while facilitating a move away from the soft dollar peg. Such a warranted shift in …
Persistent link: https://www.econbiz.de/10010513263
Cover Image
A US strategy for IFRS adoption : response to the US SEC's public consultation
Véron, Nicolas - 2009
Persistent link: https://www.econbiz.de/10003851051
Cover Image
Fiscal federalism in crisis : lessons for Europe from the US
Darvas, Zsolt - 2010
Persistent link: https://www.econbiz.de/10008652186