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lunes, 14 de octubre de 2024

Jean Claude Trichet y Guillermo Ortiz

Jean Claude Trichet (Lyon, 1942). Civil Engineer, was head of the Trésor Public, governor of the Banque de France, president of the European Central Bank, member of the board of directors of the Bank for International Settlements, among others.

  • 2008, First Crisis of the New Globalization: Developed economies, former Socialist countries and Developing world. Speed of transmission. Non conventional measures. Magnitude of support: 25% GDP. Progressive deactivation of measure to avoid jumps and falls.
  • Fiscal policy must be treated with care and responsibility. Control for deficits and debt in the Eurozone. Surveillance of peers. The Greece Case.
  • Europe needs more flexible markets of goods, services and labor. Need of structural reforms.
  • Opportunity for growth through globalization. Work needed in the resilience and flexibility of the system.