As Europe moves to encourage spending and the US tightens its purse strings, what’s the future for the euro?
I am the Portuguese Council Chaired Professor of European Studies and Professor of Economics at INSEAD, a business school with campuses in Singapore, Abu Dhabi and Fontainebleau (France), a Senior Policy Scholar at the Center for Business and Public Policy at the McDonough School of Business (Georgetown University, USA) and a Research Fellow at the Center for Economic Policy Research (London, UK).
I have worked as an external consultant for major international organizations (IMF, World Bank, OECD, European Commission) as well as central banks (US Federal Reserve) and governments (UK government around entry decision in EMU).
My research interests are in the area of Macroeconomics with a focus on understanding business cycles, the role of fiscal policy and the connections between volatility and growth. I am also interested in European integration and the euro. Electronic copies of some of my research papers can be downloaded in the Research section of this site.
At INSEAD I regularly teach a required course in the INSEAD MBA programme (Macroeconomics in the Global Economy) as well as different modules on macroeconomic trends, financial markets and exchange rates in Executive Education programmes.
I like to share my views on current economic trends by posting easy-to-read articles on my blog and via links in my Twitter account (below you can find samples of both). I have collected some of the recent media interviews and citations in the Press section of the site.
With interest rate cuts and policy reforms lacking the power to kick-start a Eurozone recovery, is it time for “helicopter money”?
The current expansion is already longer than the average post-war business cycle. But what does the data tell us about the...
A battle between pessimism and optimism is being waged about whether Europe is stuck in a quagmire or marching back to growth....
Increases in debt cannot be interpreted as a definite signal that an economy is in an unsustainable boom.
The argument that low interest rates during boom times creates debt bubbles and financial instability is potentially misleading.
ECB President Mario Draghi says the central bank’s policy changes will support lending to the real economy. But is it that easy?