Top 6 Most Indebted Countries (And Why)

The recent financial crisis and recession have been a worldwide occurrence. The events in the United States since 2008 have garnered most of the headlines because the U. S. has the world's largest economy and national debt, but the reality is that many countries in Europe are in worse financial shape and continue to deteriorate. Read the complete article on Financial Edge here.

Redesigning the contours of the future financial system

This paper explores the responses of the private and public sector to the crisis and some of the probable outcomes. Aside from improved supervision of individual institutions, greater emphasis needs to be put on financial regulations that reflect the systemic nature of financial risks and the role that macroeconomic policies play. Global consistency of regulation and financial sector taxation will be essential to mitigate systemic risks, to avoid unintended distortions, and to help ensure a level playing field.

Read this IMF publication here.

The NIME Outlook for the World Economy

Read this report from the Federal Plan Bureau here.

Affûter les petites cellules grises

La nouvelle année scolaire va débuter sous peu. Quand un pays est dépourvu de matières premières dignes de ce nom, l'enseignement est quasiment l'investissement le plus important qu'il doit réaliser pour conserver son potentiel de prospérité. La Belgique a une bonne réputation et en général, on est convaincu que nous prestons très bien dans le domaine de l'enseignement. Il y a cependant des points auxquels nous devons être attentifs pour éviter une régression progressive.

Lisez cette chronique de Geert Noels dans Trends-tendances ici.