Christophe Destais

Economist

[Christophe Destais @DestaisC]

IMF reform is tricky: the US and China will need to work together https://t.co/uBZHzsZtw4

[IMF @IMFNews]

The value of global digital trade, from software sales to streaming movies, rose to $3.82 trillion last year, but many developing countries are being left behind. Read the IMF Blog to find out how they can catch up: https://t.co/HaQPqjyAjg

[Simon Kuestenmacher @simongerman600]

Map shows natural population change (more deaths than births) by small region (NUTS3) across Europe in 2021. The link features an interactive version. Parts of the German East are shrinking like crazy (double digits!). Source: https://t.co/kl88YClmXL

[VoxEU @voxeu]

Unravelling the complexities of sanctions
@mjavadshamsi @LSEEcon @STICERD_LSE @CEP_LSE
https://t.co/lEmBNjtOuv

[Dani Rodrik @rodrikdani]

This is unfortunately quite true. From any rational, decision-theoretic standpoint, the Economics profession under-invests in imperfectly identified analyses of big/important/relevant questions relative to well-identified but comparatively uninteresting questions.

[Christophe Destais @DestaisC]

@ICMigrations

[Brad Setser @Brad_Setser]

Argentina's plans to dollarize its economy should generate a lot of meetings in Beijing.

The pro-dollarization leading candidate for President may not realize that most of Argentina's remaining reserves are actually in yuan ...

1/

[Agathe Demarais @AgatheDemarais]

🇨🇳 - Climate change will have negative impact on China's agricultural production
• Chinese government believes that droughts could reduce yields of maize, wheat and rice by 8% by 2030
• China's example illustrates how global warming will fuel global food insecurity

[Benoît Cœuré @BCoeure]

Jean-Philippe Cotis a profondément marqué le ministère de l'économie et l'INSEE par sa personnalité bienveillante, sa curiosité intellectuelle insatiable et sa soif d'échanges. Mes condoléances les plus sincères à sa famille.

[Christophe Destais @DestaisC]

PUBLICATION ALERT | The value added of central bank digital currencies: a view from the euro area: https://t.co/446GHnCEam

[Dani Rodrik @rodrikdani]

A comment from @_alice_evans reminded me of this short piece of mine. I re-read it and it is a damned good piece, if I can say so myself. So I'm re-upping it for both economists' and non-economists' benefit. https://t.co/9FOzc1jnux

[Richard Baldwin @BaldwinRE]

In this @voxeu column Charles Goodhart & Jon Danielsson argue the bank problems arise because authorities try to do the impossible:
👉maintain growth
👉keep inflation low
👉 keep financial stability high
@cepr_org
•
@JonDanielsson @LSEnews
https://t.co/wBMxugc1Gi

[Club du CEPII 🌐 Économie mondiale @ClubDuCEPII]

Les #sanctions internationales sont-elles un outil efficace ? Le 30 mars 2023, une discussion avec @AgatheDemarais, Global forecasting director @theeiu, auteur de "Backfire. How Sanctions Reshape the World Against U.S. Interests".
https://t.co/qB48MbSEIr
#Russie #Ukraine #Iran

[Olena Havrylchyk 🇺🇦 stand with Ukraine @OlenaHavrylchyk]

Ma tribune dans @lemonde:

"Les peintres Ilya Répine et Arkhip Kouïnji sont désormais ukrainiens au Metropolitan de New York mais restent russes dans les musées français"

https://t.co/ZsGDqH6Gxb

[Christophe Destais @DestaisC]

via @NYTOpinion https://t.co/I2oKI1mP5J

[Thomas Philippon @ThomasPHI2]

SVB (1/..)
First, sorry to be late. I received many questions about SVB but was too busy last week.

Let's try and make some sense of this mess. As usual, there is a large amount of self-interested non-sense, from Silicon Valley's investors this time but that is incidental.

[Brad Setser @Brad_Setser]

The outline of the US government's response to the failure of Silicon Valley Bank is now clear, and the US didn't mess around. Clearly there was real concern about deposit flight and funding driven contagion.

The response has three legs --

1/

https://t.co/YwzJaFxamR

[Sebastian Mallaby @scmallaby]

@Brad_Setser Turns out talk is lucrative! The venture folks got the bailout they wanted.

The magic of Silicon Valley is supposed to be that failure is a learning experience. The lesson was censored in this case.

My take here: https://t.co/yJS5MO0c4L

[Christophe Destais @DestaisC]

via @NYTOpinion https://t.co/RdGK0udSyD

[Project Syndicate @ProSyn]

Only 8.5% of Western firms have completed an exit from Russia, estimate @SimonEvenett and Niccolò Pisani. https://t.co/Fdb6KgCBp5