[eng] The Maastricht Treaty has emphasised that « convergence » criteria were holy principles for a successful completion of monetary unification. From this respect, the experience of the «classical» gold standard of the late nineteenth century might have interesting lessons for us, because...

[eng] The Bundesbank: a pragmatic orthodoxy Andrew Brociner, Odile Chagny The Bundesbank is widely associated with the setting of monetary aggregates, based on its reliance on the quantitative theory of money. In adopting this theory, however, its approach remains pragmatic, as the preservation...

[eng] At the turning point of years 1995-1996, the fall back of activity has diffused, via trade interrelations, to all European countries. Expected growth has been revised, in particular, for North and South European countries which had stimulated the continental recovery of 1994, as they...

[fre] La réflexion sur l'évolution de la structure de la société française a été au centre de la campagne présidentielle. La contestation des élites et l'importance accordée par les médias à la pauvreté relèvent de la même inquiétude : la société française est-elle en train de...

[eng] Mimosa, a macroeconomic model of the world economy, jointly built by the CEPII and the OFCE, is now reestimated. This article presents its main features and describes some monetary and fiscal multipliers. The economies of the six bigger industrialised countries are described in great...

[eng] Along with the increased openness of national economies, financial techniques have become highly sophisticated. This trend, together with events such us huge speculation episodes, momentous krashs, or monetary struggles, has contributed to put capital markets on the front of the public...