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Discussion Board n°6 – 26/06/20

« Staggering amounts of money start pouring on Western economies in order to keep the economic machine working and to avoid massive social shocks and unrests. How will this effort be financed? First step is clear: public bodies will issue debt and borrow on the markets, while central banks will pump liquidity to make the deals easier. The second step is less clear: what should the governments do to allocate these massive amounts: give away by distributing to the affected households or enterprises (helicopter money); lend them and ultimately either enforce the service and reimbursement conditions or cancel the debt; or should they provide equity to enterprises as would do an equity (sovereign?) fund, and expect future dividends – and for the big enterprises the stock price hikes – to cover, in due time, the incurred expenses? »

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Discussion Board n°5, 09/06/20

In response to the crisis, the resilience of the « domestic/household economy » proved essential for many despite the fact that this activity is not monetized and remains « invisible » for official statistics. What economic policy recommendations should be drawn from this experience ?

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Discussion Board n°4, 26/05/20

In response to the crisis, the resilience of the « domestic/household economy » proved essential for many despite the fact that this activity is not monetized and remains « invisible » for official statistics. What economic policy recommendations should be drawn from this experience ?

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Discussion Board n°3, 08/05/20

“What would you suggest as priority actions to reach out to the most exposed to the economic aftermath of the pandemic crisis in developing countries?”

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