EMM News Explorer: Olivier Blanchard

[ said]: Either you basically increase productivity growth a lot and quickly, and you keep wage growth moderate, or you decrease wages,

channelnewsasia 07-FEB-12

[-said]: Under these conditions it is still terribly ugly and an unpleasant path but it is at least one that can be tried,

news 06-FEB-12

[-said]: But that is only half of what it needs, and it may be in a way it's the easier half, the other half is (improving) competitiveness.

news 06-FEB-12

[-told]: With respect to private creditors at this stage it looks like the haircut will be very large,

news 06-FEB-12

[last week said:]: The world recovery, which was weak in the first place, is in danger of stalling ... But there is an even greater danger, namely that the European crisis intensifies. In this case, the world could be plunged into another recession.

baltic 02-FEB-12

[said last week that:]: the epicenter of the danger is Europe but the rest of the world is increasingly affected. There is an even greater danger, namely that the European crisis intensifies, and in this case the world could be plunged into another recession. With the right set of measures, the worst can definitively be avoided and the recovery can be put back on track. These measures can be taken, need to be taken, and need to be taken urgently,

ruvr 31-JAN-12

[ wrote]: The outlook for growth is mediocre, and it could be worse,

asianewsnet 27-JAN-12

[said that:]: the world recovery, which was weak in the first place, is in danger of stalling. The epicenter of the danger is Europe, but the rest of the world is increasingly affected.

uzreport 27-JAN-12

[replied:]: You have some room to do something if needed, yes, if growth were to be even worse than we have forecast.

dailymail 26-JAN-12

[said:]: The good news is that with the right set of measures, the worst can be avoided and the world can be set back on track.

argus 25-JAN-12

[ said]: The world recovery, which was weak in the first place, is in danger of stalling,

argus 25-JAN-12

[-said]: The good news,

AP 24-JAN-12

[ said]: Decreasing debt is a marathon, not a sprint,

france24 24-JAN-12

[-told]: The numbers are not good,

kathimerini 09-JAN-12

[-said]: I can’t give you a number,

thisdayonline 07-JAN-12

[-said]: They react positively to news of fiscal consolidation, but then react negatively later, when consolidation leads to lower growth — which it often does,

dailytimesPK 27-DEC-11

[-said]: They react positively to news of fiscal consolidation, but then react negatively later, when consolidation leads to lower growth -- which it often does,

ibtimes 27-DEC-11

[also noted that:]: incomplete or partial policy measures can make thing worse.

xinhuanet_en 22-DEC-11

[-said]: Yet, as the year draws to a close, the recovery in many advanced economies is at a standstill, with some investors even exploring the implications of a potential breakup of the eurozone, and the real possibility that conditions may be worse than we saw in 2008.

ChinaPost 22-DEC-11

[ said]: The hope that fiscal consolidation will make people optimistic about the future and lead to a boom in the economy next year I think is something we should give up,

news 14-DEC-11

[ said]: It seems to me everybody should agree that the fiscal adjustment should be a long, drawn out, credible, medium-term process,

news 14-DEC-11

[ said]: There is enormous ambiguity,

news 14-DEC-11

[-said]: Regulation of the financial system is a game in which you have people on the other side who are as quick or quicker than you are, and the system is constantly changing, partly on its own and partly because of the regulation,

news 14-DEC-11

[-said]: The commitment to give us €200 billion makes a major difference in the sense that we can now go out and talk to other countries and say: 'The Europeans have given us money, can you help?,

euobserver 13-DEC-11

[-said]: The commitment to give us €200 billion makes a major difference in the sense that we can now go out and talk to other countries and say, 'the Europeans have given us money, can you help?,

euobserver 13-DEC-11

[said:]: I think that’s an issue for the Europeans to decide.

examiner 12-DEC-11

[-told]: What happened last week is important: it's part of the solution, but it's not the solution,

euractiv 12-DEC-11

[-said]: The commitment to give us 200 billion euros makes a major difference in the sense that we can now go out and talk to other countries and say, 'the Europeans have given us money, can you help?,

news 11-DEC-11

[-told]: I'm actually more optimistic than I was a month ago, I think there has been progress,

news 11-DEC-11

[said:]: A lot of the volatility is coming from statements from Europe, showing the range of opinions and inability to get to a logical decision process.

news 11-DEC-11

[said:]: The commitment to give us 200bn euros makes a major difference in the sense that we can now go out and talk to other countries and say,

bbc 11-DEC-11

[said:]: I'm actually more optimistic than I was a month ago, I think there has been progress.

bbc 11-DEC-11

[ says]: Ireland is very different from the other periphery countries,

spiegel 16-NOV-11

[-said]: The credibility is there, Ireland is very different from the other periphery countries,

irishtimes 28-OCT-11

[-told]: I am fairly confident that with the path you are (on) in late 2012, first semester 2013, you should be able to go back there with relatively small spreads,

RTERadio 27-OCT-11

[-told]: There is a wide perception that policymakers are one step behind markets,

chinadaily 24-OCT-11

[-said]: The IMF has also lowered its outlook for the 17 countries that use the euro. It predicts 1.6 percent growth this year and 1.1 percent next year, down from its June projections of 2 percent and 1.7 percent, respectively. The gloomier forecast for Europe is based on worries that euro nations won't be able to contain their debt crisis and keep it from destabilizing the region. Markets have clearly become more skeptical about the ability of many countries to stabilize their public debt,

kuwaittimes 21-SEP-11

[said:]: Europe must get its act together.

thesun 21-SEP-11

[ said]: according to the chief economist of the International Monetary Fund. As a result, the international lending organization has sharply downgraded its economic outlook for the United States and Europe through the end of next year. The IMF expects the US economy to grow just 1.5 percent this year and 1.8 percent in 2012. That's down from its June forecast of 2.5 percent in 2011 and 2.7 percent next year. To achieve even that still-low level of growth, the US economy would need to expand at a much faster rate i

kuwaittimes 21-SEP-11

[-said]: by decreasing the assets that they hold, by deleveraging, which would lead to a decrease in bank lending and a credit crunch,

khaleejtimes 21-SEP-11

[said:]: Strong policies are urgently needed to improve the outlook and to reduce the risks. Only if governments move decisively on fiscal policy, financial repairs and external rebalancing, can we hope for stronger and more robust recovery.

TheScotsman 21-SEP-11

[ acknowledged]: a development we largely failed to perceive as it was happening,

btimescom 20-SEP-11

[-said]: Markets have clearly become more sceptical about the ability of many countries to stabilize their public debt,

btimescom 20-SEP-11

[-said]: Only with this global rebalancing can we hope for stronger growth in advanced economies and, by implication, for the rest of the world,

btimescom 20-SEP-11

[ said]: The global economy has entered a dangerous new phase,

CBSnews 20-SEP-11

[-said]: Markets have clearly become more skeptical about the ability of many countries to stabilize their public debt,

CBSnews 20-SEP-11

[-said]: cannot be too fast or it will kill growth,

CBSnews 20-SEP-11

[said:]: strong policies are urgently needed

voanews 20-SEP-11

[ said]: Fear of the unknown is high,

IHT 20-SEP-11

[ acknowledged]: a development we largely failed to perceive as it was happening

news_com_au 20-SEP-11

[-said]: Markets have clearly become more skeptical about the ability of many countries to stabilise their public debt,

news_com_au 20-SEP-11

[later said that:]: it seems there's been a 180 degree turnaround in a series of countries in response to our analysis,

eubusiness 20-SEP-11

[ said]: There is a wide perception that policymakers are one step behind the action in markets,

guardian 20-SEP-11

[ said]: Strong policies are needed to improve the outlook and reduce the risks,

xinhuanet_en 20-SEP-11

[-said]: Europe must get its act together,

thezimbabwemail 20-SEP-11

[-added]: Markets have clearly become more sceptical about the ability of many countries to stabilise their public debt

telegraph 20-SEP-11

[ said]: All countries must choose the right combination of instruments at their disposal fiscal, monetary, macro prudential to slow their economies in time and avoid costly boom-bust cycles,

thestar 23-JUN-11

[ said]: But assuming that oil prices are going to stay roughly stable, which is what the markets seem to predict at this point, we think that spending by consumers and firms should remain steady in what is, however, very clearly a very weak recovery. This has been a longstanding forecast of ours. The recovery in the US is a very weak one,

thestar 23-JUN-11

[said:]: The global recovery continues, but the road to health is a long one and there is no time to relax.

news 17-JUN-11

[-said]: a bump in the road rather than something more worrisome,

javno 17-JUN-11

[-said]: we now predict negative growth for 2011... The disruptions from the earthquake have been stronger than anticipated,

news 17-JUN-11

[-said]: we now predict negative growth for 2011.... The disruptions from the earthquake have been stronger than anticipated,

news 17-JUN-11

[ said]: We understand that the process of negotiation in the G20 is much more difficult now than it was during the crisis,

reuters 14-APR-11

[-said]: We are warning emerging market countries that they are getting to the point where things may be too good,

news 12-APR-11

[said:]: Emerging market countries must rely less on external demand and more on domestic demand. Appreciation of emerging market countries' currencies relative to advanced countries' currencies is a central key to this global adjustment.

channelnewsasia 12-APR-11

[ said]: In most advanced economies output is still far below potential. Unemployment is high and low growth implies that it will remain so for many years to come,

channelnewsasia 12-APR-11

[ said]: Overall, the macro policy agenda for the world economy remains the same but, with the passage of time, more urgent,

peopledaily 12-APR-11

[ said]: appear unlikely to derail the recovery,

peopledaily 12-APR-11

[ said]: The main worry was that in advanced economies, after an initial recovery driven by the inventory cycle and fiscal stimulus, growth would fizzle,

peopledaily 12-APR-11

[-said]: Commodity prices have increased more than expected ... (but) we don't think that this time these increases will derail the recovery,

news 12-APR-11

[ said]: It has to come from exports for the United States to be able to sustain growth,

IHT 12-APR-11

[-told]: We're warning emerging-market countries that they're getting to the point where things may be too good,

smh 11-APR-11

[ said]: so far has been only partly heeded,

wsj 11-APR-11

[-said]: My own view is that there is not any major downside risk at this point in the world economy, in the way there was a year or two ago, but there are reasons to worry,

smh 11-APR-11

[-said]: We are warning emerging market countries that they are getting to the point where things may be too good ... we have a long history of countries waiting too long to do something about it,

economictimes 11-APR-11

[ said]: Fears have turned to commodity prices,

theglobeandmail 11-APR-11

[-said]: We've entered a new world,

peopledaily 09-MAR-11

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