External authors

Jacques Delpla

Jacques Delpla

Jacques Delpla is an economist at the Conseil d'Analyse Économique (CAE) in Paris as well as a Senior Advisor at BNP-PARIBAS.

Previously Jacques worked as an economist at Barclays Capital, and before that as an adviser to the French Finance Ministry. Jacques is a graduate from l'ENSAE (École nationale de la statistique et de l'administration économique) and has a Masters in Economics from the Licence de Philosophie at the Paris I Panthéon University.

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External Publication

Das Blue Bond-Konzept und seine Implikationen

Das Blue Bond-Konzept und seine Implikationen

In this paper for Friedrich-Ebert-Foundation, the authors elaborate how the  Blue and Red Bonds idea can help to overcome the crisis in the euro area.   This publication is based on the Bruegel policy brief "The Blue Bond proposal" published in May 2010, and on the policy contribution "Eurobonds: The blue bond concept and its […]

By: Jakob von Weizsäcker and Jacques Delpla Topic: European Macroeconomics & Governance Date: June 24, 2011
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Policy Contribution

Eurobonds: The blue bond concept and its implications

Eurobonds: The blue bond concept and its implications

The Blue Bond proposal, published in May 2010 (Bruegel Policy Brief 2010/03) suggests that sovereign debt in euro-area countries be split into two parts. The first part, the senior ‘Blue’ tranche of up to 60 percent of GDP, would be pooled among participating countries and jointly and severally guaranteed. The second part, the junior ‘Red’ […]

By: Jakob von Weizsäcker and Jacques Delpla Topic: European Macroeconomics & Governance Date: March 21, 2011
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Policy Brief

The Blue Bond Proposal

The Blue Bond Proposal

Soaring debt levels and the crisis in Greece has sharpened the focus on fiscal sustainability among eurozone members. The European Union has to tackle high debt levels in vulnerable states which are compounded by a hike in risk premiums on government bonds leading to a debt trap, while designing ways to efficiently finance debt. Furthermore, […]

By: Jakob von Weizsäcker and Jacques Delpla Topic: European Macroeconomics & Governance Date: May 5, 2010