vrijdag 13 november 2009

Free to Lose

Read Krugman's column on US unemployment in the NYTimes here.

donderdag 12 november 2009

In Istanbul - Islam en mensenrechten

De vergaderzaal van hotel Akgün baadt in een onbestemde tristesse. Dikke gordijnen houden het priemende zonlicht buiten, want dat zou weergaloze PowerPoint-presentaties kunnen verstoren. Over de tafels hangen lange witte kleden, met veel plooien en weelderige fronsen. Het lijkt wel een huwelijksfeest, een heel treurig weliswaar, waarbij de bruid verontschuldigd is en de bruidegom vergeet aanwezig te zijn. Lees het volledige opiniestuk van Rik Torfs in de Standaard hier.

dinsdag 10 november 2009

Paranoia Strikes Deep

Last Thursday there was a rally outside the U.S. Capitol to protest pending health care legislation, featuring the kinds of things we’ve grown accustomed to, including large signs showing piles of bodies at Dachau with the caption “National Socialist Healthcare.” It was grotesque — and it was also ominous. For what we may be seeing is America starting to be Californiafied. Read Krugman's column in the NYTimes here.

Fighting Obesity May Take a Village

Exercise more. Avoid junk food. Such common-sense health advice has proved no match against the temptations of modern life, which have sent obesity rates around the world soaring. Now, government officials in a number of countries are pursing an aggressive new strategy: enlisting entire communities to insulate people from these temptations and make healthier choices easier. Read the complete article in the WSJ here.

Een meesterlijk stukje beeldvorming

SCHIET NIET OP DE PIANIST, MEVROUW HEMMERECHTS — Op haar weblog op de nieuwswebsite van de VRT trok schrijfster Kristien Hemmerechts van leer tegen een opiniestuk van LUCKAS VANDER TAELEN dat onlangs in deze krant verscheen. Dat vindt die laatste niet kunnen. Vander Taelen wilde de multiculturele problematiek in zijn gemeente aanklagen, en nu wordt hij plots zelf als dader afgeschilderd. Lees het volledige opiniestuk van Lucas Vander Taelen hier.

vrijdag 6 november 2009

Welkom.....


Kosten zorgleerlingen blijven stijgen, terwijl kennis over effecten beleid ontbreekt

De uitgaven voor het primair onderwijs in Nederland lopen de laatste jaren sterk op door leerlingen die extra zorgbegeleiding nodig hebben. Het aantal zogenaamde zorgleerlingen groeide van 80 duizend in 1997 naar ruim 100 duizend in 2007. Centraal in dit rapport staat de vraag wat de oorzaak is voor deze toename. Daarbij kijkt het rapport ook naar de mogelijke invloed van beleidsveranderingen hierop. De stijging van de uitgaven aan zorgleerlingen komt hoofdzakelijk door een verschuiving naar de duurdere vormen van speciaal onderwijs samen met een stijging van het aantal rugzakleerlingen. De achterliggende oorzaak is vermoedelijk voor een belangrijk deel nieuw beleid dat nieuwe gevallen aantrekt zonder dat het budget grenzen stelt aan de deelname. Tot slot, uit de inventarisatie blijkt dat weinig tot niets bekend is over de effectiviteit van het overheidsbeleid voor zorgleerlingen in termen van toekomstkansen of, breder, de maatschappelijke baten.
Lees het volledige rapport van Centraal Planbureau Nederland hier.

How to share the burden of combating climate change

Governments are bitterly divided about how advanced and developing economies should share the burdens of aggressive climate change mitigation. This column suggests a “do no harm” principle by which developing countries would be enabled to reduce their cost of mitigation to zero until they have eliminated abject poverty.
Read the full article from V.R. Joshi on Vox.eu here.

donderdag 5 november 2009

Lang leve de Belgische treinen!


Calomiris on historical crisis lessons

Policymakers and macroeconomists often remind us that banking crises are nothing new. This column, based on recent papers by Columbia professor Charles Calomiris, looks at the long-term record of banking crises and draws lessons for today.
Read the article from R. Baldwin on Vox.eu here.

dinsdag 3 november 2009

De Belgische politiemacht op z'n best!


European Economic Forecast, Autumn 2009

Read this EC report here.

Are health problem systemic? Politics of access and choice under Beveridge and Bismark systems

Read this working paper from IRDES here.

Disparities in health expenditure across OECD countries: Why does the United States spend so much more than other countries?

Read this OECD document here.

France: L'emploi des seniors désormais imposé par la loi

Pour la première fois, la loi de financement de la sécurité sociale inclut des sanctions financières à l'égard des entreprises qui ne se mobiliseraient pas en faveur de l'emploi des plus de 50 ans. Les intéressées ont peu de temps pour réagir et transformer ce qui semble être une contrainte en réelle opportunité.
Lisez l'article complet sur Novethic ici.

Crisis Compels Economists To Reach for New Paradigm

The pain of the financial crisis has economists striving to understand precisely why it happened and how to prevent a repeat. For that task, John Geanakoplos of Yale University takes inspiration from Shakespeare's "Merchant of Venice."

The play's focus is collateral, with the money lender Shylock demanding a particularly onerous form of recompense if his loan wasn't repaid: a pound of flesh. Mr. Geanakoplos, too, finds danger lurking in the assets that back loans. For him, the risk is that investors who can borrow too freely against those assets drive their prices far too high, setting up a bust that reverberates through the economy. Read the complete article in the WSJ here.

Le grand retour de la bulle spéculative

En voulant sauver l'économie mondiale, a-t-on fait naître une nouvelle bulle qui sera à l'origine de la prochaine crise ?
Lisez l'article complet dans Le Monde ici.

Government guarantees on bank funding: Should we extend them into 2010 despite the improved bank profitability and the schemes’ distortionary effects?

In December 2009, government guarantees on the issuance of bank bonds will close to new issuance in many EU countries. This column argues that the guarantees have been effective and should be extended into 2010, despite improved market conditions and bank profitability. In doing so, governments should correct the schemes for some distortionary effects and develop a careful exit strategy.
Read the full article from A. Levy and F. Panetta on Vox.eu here.

maandag 2 november 2009

Recent economische ontwikkelingen in Vlaanderen (Oktober 09)

Lees het volledige rapport van de Studiedienst van de Vlaamse Regering hier.

Will the current economic crisis lead to more retirements?

Since the crisis began, the economy has shed millions of jobs. This column explains how stock, housing, and labour market fluctuations affect retirement decisions. While wealthier workers will delay retirement, a larger number of workers will be forced into retirement because of their inability to find new jobs. This increased involuntary retirement will likely exceed any work-seeking effect of diminished stock market wealth by 50%.
Read this article from C.C. Coile and P.B.Levine on Vox.eu here.

Disincentives from Health Reform

Read this article on Greg Mankiw's blog here.

Design and effectiveness of fiscal-stimulus programmes

The recent global recession has made the efficacy of fiscal-stimulus packages one of the most prominent policy debates in economics today. This column finds that the multiplier of defence spending falls in a range of 0.6 to 0.8 and argues that non-defence multipliers are unlikely to be larger. It says we should be sceptical when policymakers claim government-spending multipliers in excess of one and suggests tax cuts may be preferable to spending increases.
Read the full article from R. Barro and C. Redlick on Vox.eu here.

vrijdag 30 oktober 2009

Synthèse du Plan Marshall 2. vert

Lisez ce document ici.

Falling fertility

Astonishing falls in the fertility rate are bringing with them big benefits. Read the complete article in The Economist here.

A joyless recovery

THE American government reported on Thursday October 29th that gross domestic product rose at an annualised rate of 3.5% in the third quarter compared with the second. This was the first increase since the second quarter of 2008. It backs up other evidence that the recession ended in the third quarter or just before, though the official decision, by the National Bureau of Economic Research, a group of academic economists, is still some way off. Robert Gordon, a member of this group, is confident that the recession, which began in December 2007, ended in June. But at 18 months that would still make it the longest since 1933. Read the complete article in The Economist here.

donderdag 29 oktober 2009

Education at a glance 2009

Find OECD indicators here.
Read the full OECD report here.

Household saving rate at 16.5% in the euro area and 14.4% in the EU 27

Read this Eurostat release here.

9 of 10 Europeans want urgent action on poverty

Read the Eurobarometer Survey on Poverty and Social Exclusion from the EC here.

Interview with Charles Krauthammer 'Obama Is Average'

In a SPIEGEL interview, Charles Krauthammer, the leading voice of America's conservative intellectuals, discusses Barack Obama's Nobel Peace Prize, the president's failures and the state of the United Nations and the international community. Read the complete interview in Der Spiegel International here.

The price of cleanliness

China is torn between getting greener and getting richer.

Read the complete article in The Economist here.

Financial crises are different! Refining the Reinhart-Rogoff estimates

Is the current turmoil unique? This column examines three decades of financial crises and says that it stands out. But the variation in past experiences suggests that the major economies may regain their pre-crisis levels of output by the second half of 2010.
Read this article from Cecchetti et al. on Vox.eu here.

Can renewable energy save the world?

Can renewable energy save the world from climate change, and do so at a reasonable cost? This column says we can replace some fossil fuel power with renewable power without a major cost increase, but we cannot hope to replace a major fraction of our fossil power with intermittent power sources such as wind and solar energy unless we can develop energy storage technologies.
Read the full article from G. Heal on Vox.eu here.

How to avoid a repeat of the Great Crash

The 80th anniversary of the Great Crash is upon us. This touches a nerve because we seemed to be looking into the same bottomless pit only a year ago. The chain of events, leading from a dramatic collapse in stock prices on Wall Street, beginning in late October 1929, to a Great Depression that engulfed the world economy for years, has suddenly leapt off the pages of the history books with an entirely fresh verisimilitude. Pessimists have asked, what is to stop it all happening again? Optimists have asked, what can we learn to stop it from doing so?
Read the full article in the FT here.

The Global Gender Gap Report 2009

Out of the 115 countries covered in the report since 2006, more than two-thirds have posted gains in overall index scores, indicating that the world in general has made progress towards equality between men and women, although there are countries that continue to lose ground.
Read this World Economic Forum report here.

woensdag 28 oktober 2009

Vers quel classement européen des universités?

Lisez la nota de l'Institut Thomas More ici.

Inburgering voor dummies

Marokko haalt meer inkomsten uit de diaspora dan uit zijn eigen economie.
INTEGRATIE VRAAGT MEER DAN EEN CURSUS NEDERLANDS — Zo lang via huwelijksmigratie de deuren van België wijd openstaan voor nieuwkomers en zo lang landen als Marokko profijt halen uit de slechte inburgering van hun uitwijkelingen, zal België integratieproblemen blijven hebben, voorspelt JEAN-MARIE DEDECKER. Dat los je op met nieuwe wetten, niet met een cursus Nederlands via internet. Lees het opiniestuk hier.

Freaked Out Over SuperFreakonomics (and climate change)

Suppose for a minute—which is about 59 seconds too long, but that's for another column—that global warming poses an imminent threat to the survival of our species. Suppose, too, that the best solution involves a helium balloon, several miles of garden hose and a harmless stream of sulfur dioxide being pumped into the upper atmosphere, all at a cost of a single F-22 fighter jet.

Good news, right? Maybe, but not if you're Al Gore or one of his little helpers.

The hose-in-the-sky approach to global warming is the brainchild of Intellectual Ventures, a Bellevue, Wash.-based firm founded by former Microsoft Chief Technology Officer Nathan Myhrvold. The basic idea is to engineer effects similar to those of the 1991 mega-eruption of Mt. Pinatubo in the Philippines, which spewed so much sulfuric ash into the stratosphere that it cooled the earth by about one degree Fahrenheit for a couple of years. Read the complete article in the WSJ here.

Efficient Market Theory and the Crisis

Neither the rating agencies' mistakes nor the overleveraging by financial firms was the fault of an academic hypothesis. Read the complete article in the WSJ here.