Holder of a Ph.D. in economics (University of Paris I). He worked first with CEPII – a French think-tank focused on the world economy and became Director of this Institute in 1990. He works with CPR – a French investment bank – as Chief Economist from 1992 to the end of 2001. He joined Candriam Investors Group – an asset-management company – as Chief Economist, in July 2002.
He is also teaching at the University Paris – Dauphine. He published numerous books, the last ones, published by the CEPS, in Brussels being Global Imbalances and the Collapse of Globalised Finance (2010), The Sovereign Debt Crisis: Placing a Curb On Growth (2012) and Money, Finance and the Real Economy: What went wrong? (2015).