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Focus
Despite President Trump’s announcement to withdraw from the Paris Agreement, several states (16 as of today, representing 23% of total US emissions) formed the United States Climate Alliance and committed to uphold the US objectives of the Agreement within their borders. The UN Secretary General’s Special Envoy for Cities and Climate Change, Michael Bloomberg, the former mayor of New York City, wrote to the UN Secretary General to ask UNFCCC Parties to acknowledge subnational commitments, from states, cities, businesses and civil society, as a parallel submission to the Paris Agreement. Some of these actors are also making their pledges to the UN platform NAZCA, which brings together commitments to climate action by actors other than sovereign states. Cecilia Bellora & Jean Fouré >>> |
publications
- Some Unpleasant Euro Arithmetic
Guillaume Gaulier, Vincent Vicard - Uncertainty Fluctuations: Measures, Effects and Macroeconomic Policy Challenges
Laurent Ferrara, Stéphane Lhuissier, Fabien Tripier
- Left behind by protectionism: learning from the Bush administration's steel tariffs
Sébastien Jean, Ariell Reshef - US withdrawal from the Paris Agreement: can States lead the fight to reduce carbon emissions?
Cecilia Bellora, Jean Fouré
- Immigrant entrepreneurs, diasporas and exports
Massimiliano Bratti, Luca De Benedictis, Gianluca Santoni - Uncertainty and the Macroeconomy: Evidence from an Uncertainty Composite Indicator
Amélie Charles, Olivier Darné, Fabien Tripier - Breaking Away from Icebreakers: The Effect of Melting Distances on Trade and Welfare
Jules Hugot, Camilo Umana Dajud - Corruption for Sales
Mathieu Couttenier, Farid Toubal - Hierarchy of Trade and Sequential Exporting
Vincent Boitier, Antoine Vatan - Regional Integration and Informal Trade in Africa: Evidence from Benin's Borders
Cristina Mitaritonna, Sami Bensassi, Joachim Jarreau - Immigration and Electoral Support for the Far Left and the Far Right
Anthony Edo, Yvonne Giesing, Jonathan Öztunc, Panu Poutvaara
L'inflation, un retour impossible ?
avec Olivier GARNIER, Directeur général, Études et Relations internationales, Banque de France
February 6, 2018
Building a Better IMF: Lessons from Independent Evaluations of IMF Performance
with Prakash LOUNGANI, Advisor & Senior Personnel Manager, Independent Evaluation Office, IMF
February 8, 2018
Theories and Methods in Macroeconomics (T2M) - 22nd Conference
March 15 - 16, 2018
“Israel and the World Economy – The Power of Globalization”
with Professor Assaf Razin, Tel Aviv University
May 17, 2018
18th Doctoral Meetings in International Trade and International Finance
June 15 - 16, 2018
Edito
Euro area imbalances are still large Current estimates of misalignments in real effective exchange rates show that euro area imbalances are still large: Germany exhibits a 20 percentage point undervaluation compared to the rest of the euro area (EA). Within a monetary union, rebalancing requires price adjustments through differentials in inflation rates. At the current pace, rebalancing is a 20 year process and requires sustained very low inflation rates in the rest of the euro area. Guillaume Gaulier & Vincent Vicard >>> |
Facts & Figures
33% of household appliances producers surveyed by the USITC responded that the 2002 steel safeguard measures led them to relocate U.S. steel-consuming facilities abroad. 19% in furniture and hardware, 12% among steel fabricators. These safeguards were the latest use of Section 201 of U.S. trade law, before it was invoked by Donald Trump on January 22 to apply tariffs on imported washing machines and solar panels. Sébastien Jean & Ariell Reshef >>> |
Opinion
Uncertainty Fluctuations: Measures, Effects and Macroeconomic Policy Challenges There has been a strong focus in recent policy debates, on the various types of uncertainty in the global economy from economic policy uncertainty to financial volatility. This Policy Brief presents the key challenges raised by this phenomena: How to measure uncertainty? Through which channels does uncertainty impact the economy? What are the implications of uncertainty for policy makers? Laurent Ferrara, Stéphane Lhuissier & Fabien Tripier >>> |
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ISSN: 1255-7072
Editorial Director : Antoine BouëtManaging Editor : Dominique Pianelli