In April the €-coin indicator worsened slightly, declining to -0.08% from
-0.03% in March, and interrupting the improvement that had been under
way since the beginning of the year.

In March €-coin rose slightly for the third month running to a barely
negative level (-0.03% compared with -0.06% in February).

• In March €-coin rose slightly for the third month running to a barely negative level (-0.03% compared with -0.06% in February).

This new CEPR eReport explores the origins of excessive risk-taking in the banking industry.

At its most recent meeting the Board of the Fondation Banque de France selected two CEPR research proposals for funding under its 16th Call for Projects.

In December €-coin held stable at its November level of -0.20%, interrupting the decline that had begun in June.

In November €-coin declined for the sixth consecutive month, to -0.20% from -0.13% in October. As in recent months, the fall reflects the further deterioration of most of the variables that are included in the indicator.

The Doha Development Agenda (DDA) is in limbo and negotiators face a difficult "trilemma": to implement all or part of the draft agreements as they stand today; to modify them substantially; or to dump Doha and start afresh. This CEPR/World Bank volume aims to provide a better empirical basis for informed choices at a critical juncture in the negotiations.

Research Fellows Abhijit V. Banerjee and Esther Duflo have won the Financial Times and Goldman Sachs Business Book of the Year Award 2011 for their book Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty.

• €-coin declined again in October to turn negative for the first time since September 2009, falling to -0.13% from 0.03% in September.

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