Le blog du CEPII

Fixing the euro needs to go beyond economics

 PostOctober 29, 2018
By Anne-Laure Delatte
The agenda to fix the euro is hampered by conflicting national interests. Creditor countries demand fiscal house cleaning and debtor countries ask for risk sharing. There is currently a political deadlock about how the adjustment burden should be distributed, perpetuating a state of vulnerability that is not in the collective interest of euro area members. This column, part of the Vox debate on euro area reform, argues that overcoming this coordination failure requires reforming the political governance of the EU, rather than just its economic governance.
This post has been first published on VoxEU.

Banks Defy Gravity in Tax Havens

 PostSeptember 21, 2018
By Vincent Bouvatier, Gunther Capelle-Blancard, Anne-Laure Delatte
This post, already published in Voxeu, examines the contribution of EU banks to tax evasion. It presents the new finding that bank activity in tax havens is three times larger when using new country-by-country regulatory data than what is predicted by the gravity model, and that British and German banks are particularly present in tax havens.