Antonio Fatas, INSEAD Professor of Economics

With long-term output estimates significantly lower, are we awakening from a fictitious world of excess or is this recognition that scars from the financial crisis may be permanent?

  • The French government’s recent shift to the right on economic policy illustrates the dilemma leaders face when kickstarting growth: Should policy be supply or demand driven?

  • The current expansion is already longer than the average post-war business cycle. But what does the data tell us about the chances of an impending recession?

  • A battle between pessimism and optimism is being waged about whether Europe is stuck in a quagmire or marching back to growth. Both sides have strong arguments but they also agree on what has to be done.

  • European governments have an opportunity to transform their institutions into facilitators of entrepreneurship and innovation. Are they capable of providing the right environment?