Category: Blog

A few thoughts about the euro

This is it! You now need 1 dollar to buy 1 euro. To get this picture below, I used the FRED connection with Mathematica 13.1, as I explained it in a previous blog. The Wolfram documentation is very clear and self-explaining. You have to register on the FRED website. Beyond these practical aspects, let us come back to the economic meaning of the parity between the euro and the US dollar. Between 2000 and 2003, the euro was below the one dollar threshold, the late John Williamson explained in this article that is it was only a stochastic blip. The rest of the 2000s seem...

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GDRE Photos

The 38th Symposium in Money, Banking and Finance was held in Strasbourg, June 2022, co-organized by BETA and GDRE Money Bankinf and Finance. Photos of GDRE can be viewed...

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Primary and secondary education in the European Union: 5 questions to understand the heterogeneity of national education systems

As the European Union seeks to boost all possible engines of economic growth, education is among the key factors for a smart and inclusive growth. The start of the new school year is an ideal time to look at the different ways in which education systems operate in Europe. This article provides an overview of national education systems in the European Union, particularly for primary and secondary education

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Next Generation EU: a time-bomb, or a new lease of life?Understanding the EU recovery plan in 5 questions

The European recovery plan, named Next Generation EU, was launched in the heart of the pandemic crisis that began in early 2020. This recovery plan truly represents a project of unprecedented scale in the European construction history. But the EU is a complex thing, difficult to grasp for the uninitiated as the institutional mechanism is so difficult to understand. This recovery plan can be a cornerstone for the future of the European, but can also become the painful indicator of the institutional dysfunctions of the EU. 1. Next Generation EU, what does it mean? Next Generation EU is intended...

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Towards a More Resilient European Union after the COVID-19 Crisis

The pandemic crisis constitutes an unprecedented challenge for the European Union and for the Euro Area. Indeed, European institutional architecture can be viewed as being half-way between an association of sovereign states (like the United Nations, for example) and a politically integrated federation (like the United States for example). In this original construction, competences on several matters (such as economic, political, social and health issues, etc.) are shared at the European level, but also at the national and local levels in more complex ways than in fully integrated federations. To improve the resilience of the European Union to violent external shocks, the main objective of this paper...

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