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Wednesday, April 7, 2010 as of 11:14 AM ET

Olivier Blanchard

Olivier Jean Blanchard (born December 27, 1948, Amiens, France) is currently the chief economist at the International Monetary Fund, a post he has held since September 1, 2008. He is also the Class of 1941 Professor of Economics at MIT, though he is currently on leave.

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Related Topics

  1. Dominique Strauss-Kahn
  2. World Bank
  3. G-20
  4. Bailout Bill
  5. UBS
  6. Monetary Policy
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IMF Warns Spain On Budget Cut Risks To Growth

Spain has struck the right balance of budget belt-tightening and shouldn't cut any further and risk curbing growth, senior International Monetary Fund officials said Tuesday.

"What we would not like...is more fiscal consolidation," said IMF chief economist Olivier Blanchard at a press conference launching its World Economic Outlook.Madrid's borrowing costs have shot up to near unsustainable levels in recent weeks as the country battles to manage its financial burdens, fueling speculation that Spain may be the next country that needs an emergency bailout.Senior fund economist Jorg Decressin said Spain has also proposed "strong" labor market reforms and "good" plans to build up its banks' capital buffers."The key is implementation," Decressin said.Blanchard said markets appeared to currently have "schizophrenia" over budget belt-tightening, setting up a "damned if you do, damned if you don't" dilemma for ailing economies.But he said euro-zone countries could navigate through the troubled ...

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  1. IMF to Europe: Get Your Act Together

    Europe needs to "get its act together" and deal with its worsening sovereign debt crisis, the International Monetary Fund said on Tuesday, warning of the risk of sev...

  2. IMF cuts U.S. growth forecast, warns of crisis

    By Luciana LopezSAO PAULO (Reuters) - The International Monetary Fund cut its forecast for U.S. economic growth on Friday and warned Washington and debt-ridden Europ...

  3. IMF threat to withhold Greek aid spooks markets

    By Axel Threlfall and Renee MaltezouEuropean stocks fell and safe haven bond futures rose after Jean-Claude Juncker said the IMF expected the European Union to step ...

  4. IMF's Blanchard says U.S. lacks deficit plan: report

    PARIS (Reuters) - The United States lacks a credible plan to cut its deficit over the medium term, the International Monetary Fund's chief economist Olivier Blanchar...

  5. Oil Settles Below $110 on Demand Concerns

    Oil prices fell on Monday in choppy trading, pulling back after surging to 32-month peaks last week when the dollar swooned and as investors warily eyed an African U...

  6. Oil Prices, Inflation Pose Risk to Global Economy: IMF

    Soaring oil prices and inflation in emerging economies pose new risks to global recovery but are not yet strong enough to derail it, the International Monetary Fund ...

  7. IMF Blanchard: No Drama if Fed Fuels Some Inflation

    International Monetary Fund chief economist Olivier Blanchard said on Thursday it would not be the "end of the world" if the U.S. Federal Reserve's new monetary easi...

  8. Fed Undaunted by Uncertain Prospects for Money Printing

    The U.S. Federal Reserve runs the risk of diminishing returns from its next round of money printing to amplify the subdued economic recovery, but that won't stop it ...

  9. IMF Says Helping Job Markets Worth More Stimulus

    The International Monetary Fundwill reaffirm its call to extend fiscal stimulus and boost jobgrowth when it meets labour groups and government officials todiscuss th...

  10. GLOBAL MARKETS-Growth hopes boost equities; Wall St closed

    By Jeremy Gaunt, European Investment CorrespondentLONDON, Sept 6 (Reuters) - World stocks rose on Monday onhopes the U.S. economy can avoid slipping back into recess...

  11. GLOBAL MARKETS-U.S. jobs data boost equities; Wall St closed

    By Jeremy Gaunt, European Investment CorrespondentLONDON, Sept 6 (Reuters) - World stocks rose on Monday onhopes that the U.S. can avoid slipping back into recession...

  12. Europe, U.S. growth to stay weak -IMF's Blanchard

    PARIS, Sept 6 (Reuters) - Economic growth will likelyremain weak both in Europe and the United States, despiterecent strong growth figures in Europe, and Germany inp...

  1. IMF Raises 2012 Growth Prospects, But Warns Risks Still Loom Large

    The International Monetary Fund Tuesday raised its outlook for global economic growth to 3.5% for the year, but warned that while prospects have improved in recent m...

  2. IMF's Blanchard Sees 'Very Large' Greek Haircut

    The IMF's chief economist, Olivier Blanchard, said on Monday it looks like the 'haircut' on Greek private debt will be "very large" as negotiations between bondholde...

  3. IMF Warns Debt-Crisis Inaction May Mean Steep EU Recession

    The global economy is slowing this year, the International Monetary Fund said Tuesday, cutting its forecasts for growth and warning of a deeper downturn if Europe do...

  4. IMF Slices Global Economic Growth Forecast

    Alarmed by the sovereign debt crisis in Europe, the International Monetary Fund downgraded its global economic forecast on Tuesday, warning inaction in the beleaguer...

  5. IMF Economist: Don't Rush Austerity

    The International Monetary Fund's chief economist cautioned on Wednesday against exacting tough austerity measures too quickly and instead favors a longer process as...

  6. Greece to Unveil More Austerity Measures

    The Greek cabinet was expected to outline major public sector layoffs, more spending cuts and tax increases on Wednesday to secure a bailout instalment crucial to av...

  7. Europe faces heat at G20 for euro crisis response

    By David LawderSpreading fears about a Greek debt default and contagion to larger economies in the euro zone have raised alarm in the United States and among emergin...

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