Antonio Fatas on the Global Economy
Wednesday, October 17, 2012
Semantics and the Debt Burden
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Does government debt impose a burden on future generations? A relevant question given the high current government debt levels to which most ...
Wednesday, October 10, 2012
Coordinated Fiscal Contraction
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The new issue of the IMF fiscal policy monitor is out . As usual, a great reading to understand the state of fiscal policy in the world. The...
Monday, October 8, 2012
Underestimating Fiscal Policy Multipliers
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The October edition of the IMF World Economic Outlook is out with very strong warnings about risks to growth (full report can be found at th...
Monday, October 1, 2012
Cyclical Zombies
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Stephen Roach argues in this article that the "current medicine being applied to America's economy" is wrong. The real diseas...
Wednesday, September 19, 2012
Can you Spare a Few Trillion?
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Most governments in advanced economies have been unable to deliver on debt sustainability for the last decades. In some cases increasing spe...
Thursday, September 13, 2012
QE3 and the Fed Dual Mandate
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The US Federal Reserve just announced the third round of quantitative easing (QE3) by signaling a commitment to keep rates low for a long(er...
Thursday, September 6, 2012
Why not Earlier?
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Mario Draghi presented yesterday one more plan with great promises but short of details (as usual) to save the Euro. Markets are happy, but ...
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