The view that deficits and higher public debt can be beneficial received an important boost via Olivier Blanchard’s 2019 presidential address at the American Economic Association (Blanchard 2019). In this opinion piece, which first appeared on VoxEU, Cinzia Alcidi and Daniel Gros (CEPS, Brussels) examine Blanchard’s analysis and the longer-term link between risk premia and public finances. ...Details
Public dissatisfaction with politicians and representative democracy is widespread in Europe and should not be taken lightly. The enduring protest of the ‘Yellow Vests’ in France is just one prominent example
of the popular view that elections regularly fail to select governments that are reliably responsive to the preferences of a large part of the population. EconPol researcher Michael Becher (IAST, Toulouse) says resolving this dilemma requires a value judgement. ...Details
EconPol’s speaker Clemens Fuest (ifo, Munich) says moderate politicians should compete with populists by offering realistic perspectives, and suggests Emmanuel Macron can serve as a role model in that regard. He also suggests that politics in Europe would benefit from putting in more effort to explain complex economic policy problems and pointing out where government action reaches its limits. ...Details
The view that deficits and higher public debt can be beneficial received an important boost via Olivier Blanchard’s 2019 presidential address at the American Economic Association (Blanchard 2019). In this opinion piece, which first appeared on VoxEU, Cinzia Alcidi and Daniel Gros examine Blanchard’s analysis and the longer-term link between risk premia and public finances.
EconPol Europe holds regular events on key economic and policy issues including scientific workshops, seminars and conferences. We also hold regular breakfast and lunch events for EU policy makers. These events are an opportunity for the research community and policy makers to discuss the latest research to help form evidence-based policy.
TheEconPol Annual Conference is EconPol’s flagship event in Brussels. It covers topics around the economic and institutional development of the EU and the Eurozone. In 2018 the conference increased the visibility of EconPol in Brussels significantly, and also had a strong impact in the media. In the course of two days researchers in the network get the opportunity todisseminate insights from their studies related to topical policy challenges. In keynotes, panel discussions and working sessions they exchange thoughts with experts from the administration, the private sector, policy-makers and journalists. An important goal is to build bridges between the member states and decision makers Brussels.
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