The CEPR Business Cycle Dating Committee has concluded the euro area might be mired in a recession pause. Several quarters of positive but extremely weak economic developments since early 2013 do not constitute sufficient evidence that the euro area recession that started after 2011Q3 is over.
The Aid for Trade (AFT) initiative has been successful in mobilising funding to aid developing countries – in particular, the least developed – cope with the cost of implementing Uruguay Round commitments. However, whether the aid has really made a difference in their ability to take part in world trade growth remains unclear. This CEPR Press book shows how the wealth of available methods helps to confront the conceptual and measurement difficulties in identifying causal relationships from interventions to outcomes.
Mathias Dewatripont, CEPR's first Research Director, has been appointed Vice-Governor of the National Bank of Belgium.
The World Trade Organisation is one of the most successful instances of multilateral cooperation post-WWII. Yet WTO negotiators have yet found a way to break the recent deadlock on key elements such as the market access and rule-making dimensions on the agenda since 2001. This new CEPR Press book suggests the adoption of a ‘supply chain framework’ that could help to help mobilise greater support for concluding the Doha Round and provide a basis to use the WTO as a forum for learning from regional initiatives.
In May the €-coin indicator declined for the first time since June 2013
Research Fellow Rachel Griffith has won the 2014 Birgit Grodal Award, made in every even year to a 'European-based female economist who has made a significant contribution to the economics profession'.
CEPR Research Fellow Robert J. Gordon of Northwestern University has been named a Distinguished Fellow of the American Economic Association. Not more than four such awards are made in any one calendar year to economists of high distinction in the United States and Canada.
Richard Portes, President of CEPR, has been appointed as the inaugural holder of the Tommaso Padoa-Schioppa Chair in European Economic and Monetary Integration at the European University Institute. He will take up this post from September 2014 on a part-time basis while continuing at London Business School, where he is Professor of Economics.
This CEPR book shares the results of a series of policy-oriented think pieces on energy policy. The chapters deal with various facets of the energy policy challenges Europe as a region and European countries are likely to face in the foreseeable future.
€-coin rose slightly in January to 0.31 from 0.29 in December, reaching its highest level since the summer of 2011.