Double-Dip Days

"So, as the optimists’ delusional hopes for a rapid V-shaped recovery evaporate, the advanced world will be at best in a long U-shaped recovery, which in some cases – the eurozone and Japan – may be long enough to stretch into an L-shaped near-depression. Avoiding double dip recession will be difficult." Read Nouriel Roubini's column for Project Syndicate here.

Tax policies for low-carbon energy

Economists often advocate taxes or cap-and-trade schemes to fight pollution, but US policy primarily subsidises clean energy alternatives. This column of Gilbert E. Metcalf critiques such subsidies on four counts: they lower the cost of energy, pick favourite technologies, are often “inframarginal”, and interact in unexpected ways with other policies. Read the complete piece on VOXEU here.

Double Dip? Seven Reasons Why Not

It seems these days that half the headlines in the financial media fear a double-dip recession, as do half the conversations on Wall Street. There certainly are risks, not least in Europe’s financial difficulties. But still, there are reasons to question such widespread concerns. History, after all, offers only one true double-dip experience, and that grew out of a policy error. More, the actual data on the economy fly in the face of such an outlook. Following are seven reasons to doubt the double-dip outlook. Read the complete article in the Wall Street Journal here.

Nog 11 jaar vooraleer de Amerikaanse arbeidsmarkt de crisis heeft verteerd

Overigens zou in België de werkgelegenheid in 2012 opnieuw het pré-crisisniveau (van 2008) halen van 4.460.847 banen volgens het Federaal Planbureau. Lees het volledige artikel in Trends hier.

Le nouveau modèle de croissance britannique

Dans le premier budget du gouvernement de coalition du Royaume-Uni, le gouvernement britannique a exposé un plan sur cinq ans pour reconstruire l'économie britannique sur les bases de la responsabilité, de la liberté et de l'équité. Ce plan assume le passé et prépare l'avenir ...

Lisez cet article sur LesEchos.fr ici.