Olivier

Klein

07.06.2025 2 min

Economical and financial crisisEconomical policy

And now, what policy for the ECB?

You will find here below my last article about the ECB Monetary Policy , published on the 7th of July 2025 by Les Échos....

06.30.2025 2 min

ConjonctureEconomical policy

The Dynamics of Economic and Political Fragmentation

The world is undergoing profound transformation, as the old order—once dominated by American-led globalization—faces mounting challenge from rising powers. With China’s dramatic ascent and...

06.23.2025 2 min

ConjonctureEconomical policy

Non-Bank Financial Institutions: A Systemic Risk to Watch

Since the global financial crisis, non-bank financial institutions (NBFIs)—including pension funds, insurance companies, hedge funds, private debt funds, and others—have significantly increased in importance....

06.18.2025 2 min

Economical policy

Some Truths to Escape the French Deadlock

It is employment, coupled with growth, that serves as the most effective lever against poverty, for social mobility, and for the sustainability of both...

06.09.2025 3 min

ConjonctureTeaching

Is the Future of Democracies at Risk?

Democracy is under attack from autocracies. More worryingly, it is increasingly being questioned from within democratic nations themselves. At the very least, distrust toward...

05.15.2025 3 min

ConjonctureEconomical policy

THE FRENCH MODEL: FROM EXCESS TO NECESSARY RENEWAL

The European model, and especially the French one, of political, economic, and social regulation is undergoing a profound crisis. Under the pressure of its...