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13 décembre 2018

Cédric Tille: Ten Years after the Financial Crisis, What Have We Learnt?

Academics and policy makers have learnt several insights from the crisis. Interestingly, many of these are a re-discovery of issues that were understood but had been viewed as secondary. The first lesson is to give financial markets a more central role in macroeconomic frameworks. The fact that frictions in financial markets can amplify business cycles has long been understood, but was not central...
10 décembre 2018

Can Blended Finance and New Industrial Policies Help Achieve...

The Graduate Institute’s Centre for Finance and Development, in collaboration with the Center for Global Development, Washington, USA, and the CDC Group – the UK’s development finance institution – jointly...

27 septembre 2018

Quatre professeurs rejoignent l’Institut

L’Institut élargit son expertise sur l’étude des affaires mondiales. En cette année académique, l’Institut est heureux d’accueillir quatre nouveaux professeurs, dont une femme. Deux professeurs ont rejoint...

03 septembre 2018

Does Public Debt Crowd Out Corporate Investment?

Ugo Panizza, Professor of International Economics and Pictet Chair in Finance and Development at the Graduate Institute, and coauthors Yi Huang and Richard Varghese (Assistant Professor and PhD candidate...

26 avril 2018

Odious Debts: Lessons of the Hunger Bond Penalty

Together with Mitu Gulati from Duke University School of Law, Professor Ugo Panizza has published a paper called “The Hausmann-Gorky Effect”, which looks at so-called Venezuelan “hunger bonds”. They find...