Devaluation through wages in the euro zone: a lose-lose adjustment
by Sabine Le Bayon, Mathieu Plane, Christine Rifflart and Raul Sampognaro Since the outbreak of the financial crisis in 2008 and the sovereign debt crisis in […]
dévaluation
The French fiscal devaluation, or the French Achilles strives to catch the German tortoise
By Sarah Guillou In the 1980s, under the European Monetary System (EMS), France repeatedly carried out currency realignments – in 1981, 1982, 1983 and 1986 […]
What is a weaker euro likely to mean for the French economy?
By Bruno Ducoudré and Eric Heyer Faced with the rising risk of deflation in the euro zone, which has been reinforced since mid-2012 by the continued […]
Is it possible to get over a banking crisis? Comparative analysis of Ireland and Iceland
By Céline Antonin and Christophe Blot In economics, miracles sometimes prove to be mirages. Iceland and Ireland are witnesses. These two small open economies, paradises […]