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Clément Fontan

Professeur

SSH/ESPO Faculty of Economic, Social and Political Sciences and Communication (ESPO)

SSH/ESPO/EURO Ecole interfacultaire en études européennes (EURO)

SSH/SPLE Institut de sciences politiques Louvain-Europe (ISPOLE)

  • Expertise :
  • Political Economy; Public Policy Analysis; Financial Ethics; European Studies; Monetary Policy; Central Banking; European Central Bank; Eurozone Governance; Sustainable Finance

I am Professor of European Economic Policy at UCLouvain since 2018 and served as co-editor of the journal Politique Européenne (2018–2024). I received my PhD in Political Science from Sciences Po Grenoble in December 2012, with a thesis on how the ECB extended its political influence and competences during the Eurozone crisis. After my PhD, I taught at Sciences Po Lille and conducted post-doctoral research at the Centre de Recherche en Éthique (University of Montreal), the PACTE/CNRS laboratory (H2020 project EmuChoices), and the Financial Ethics Research Group at the University of Gothenburg.

I am the author of numerous publications on central banks, financial ethics, and European economic governance in peer-reviewed journals (Journal of European Public Policy, New Political Economy, History of Political Economy, Revue de la Régulation, Revue française d’administration publique, etc.) and book chapters published by Edward Elgar, Routledge, and Presses de Sciences Po. I co-authored Do Central Banks Serve the People? (Polity, 2018), translated into French (Raisons d’agir, 2019).

I regularly disseminate my research in English-speaking media (Social Europe, Euractiv) and French outlets (France Culture, La Vie des Idées, Veblen Institute, Mediapart, RTBF). As an expert, I contribute to policy-making (hearings in the French National Assembly and Belgian French-speaking Parliament) and professional training programs (for trade unions, central bankers, and civil servants at the Belgian Ministry of Finance). My current research projects focus on the EU Just Transition (Co-PI) and the EU Green Taxonomy (PI).

My teaching includes innovative pedagogical methods with in-class group exercises on podcasting, creating/improving Wikipedia pages on the course topics or simulating advocacy strategies in the EU. 

In 2026, I supervise:

PhD Students

  • Antoine de Cabanes (FNRS grant, 2019–2023): Monetary Politics in Times of Crisis: A Comparison of the Federal Reserve and the ECB (2007–2022)

  • Eglanty Brun (FNRS grant, since 2022): The Greening of European Capitalism: Strategies and Adaptations of Financial Firms Facing the Ecological Crisis

  • Zsuzsanna Szeredi (Teaching Assistant, since 2022): The Political Economy of the Legal Infrastructure of the EU Budget: The Financial Regulation of the European Union

  • Francisco Padilla Olivares (personal funds, UCLouvain): The ECB’s Role in the EU Financial Supervision and Regulation Systems

Post-Doctoral Researchers

  • Camille Rivière (UCLouvain grant, since 2026): Green-Know: The Development of Sustainability Knowledge in Industrial Firms

  • Laura Pierret (FNRS postdoctoral grant, since 2026): The Rise and Fall of the Epistemic Authority of Economic Knowledge in the Public Debate

  • Zoé Evrard (FNRS postdoctoral grant, since 2025): European Planning and Neoliberalism

  • Tiago Moreira Ramalho (FNRS postdoctoral grant, since 2023): Ideas and Instruments of the European “Just Transition” (co-supervision with Amandine Crespy)

 

 

2025
Journal article

Fontan, C. (2025). Riders on the delegated act storm: power struggles and expertise in the evolution of the EU Taxonomy. Journal of European Public Policy. Accepted/in-press. (Original work published 2025)


Goutsmedt, A., & Fontan, C. (2025). La BCE face à ses monstres : les transformations du cadrage de la stabilité des prix (1998-2023). Revue française d’histoire économique, 23. (Original work published 2025)


Goutsmedt, A., Francesco Sergi, François Claveau, & Fontan, C. (2025). Not a steamroller, a 3D process: Scientization at the Bank of England. Finance and Society. Published. https://doi.org/10.1017/fas.2025.8 (Original work published 2025)


Book chapter

Fontan, C. (2025). Finance verte. In A. Estève,S. Ollitrault, A. Orsini,S. Persico, B. Villalba, M. Allain (ed.), Dictionnaire d’écologie politique (p. p. 259-264). Presses de Sciences Po. https://doi.org/10.3917/scpo.estev.2025.01.0259


2024
Journal article

Goutsmedt, A., Sergi, F., Cherrier, B., Claveau, F., Fontan, C., & Acosta, J. (2024). To Change or Not to Change: The Evolution of Forecasting Models at the Bank of England. Journal of Economic Methodology. Accepted/in-press. https://doi.org/10.1080/1350178X.2024.2303113 (Original work published 2024)


Fontan, C., Goutsmedt, A., Fontan, C., Fontan, C., Goutsmedt, A., & Sergi, F. (2024). Six Decades of Economic Research at the Bank of England. History of Political Economy, 56(1). https://doi.org/10.1215/00182702-10956544 (Original work published 2024)


2023
Journal article

Goutsmedt, A., & Fontan, C. (2023). The ECB and the inflation monsters: strategic framing and the responsibility imperative (1998-2023). Journal of European Public Policy. Accepted/in-press. https://doi.org/10.1080/13501763.2023.2281583 (Original work published 2023)


2022
Book chapter

Fontan, C., & et al. (2022). Central Banking and Inequalities: Old Tropes and New Practices. In Kappes, S., Rochon, L.P. & Vallet; G. (eds). (ed.), Central Banking, Monetary Policy and Social Responsibility. Edward Elgar.


Fontan, C., Antoine de Cabanes, & et al. (2022). Central banks. In Martino Maggetti, Associate Professor of Political Science, University of Lausanne, Switzerland, Fabrizio Di Mascio, Professor o (ed.), Handbook of Regulatory Authorities (p. p. 528). Edward Elgar.


Fontan, C., & et al. (2022). The Euro Crisis: The Battle of Ideas. How to Address the Euro Crisis – and its Effects on European Integration. In Sybille Munch (ed.), The EU at a crossroad. EU Policies after the Negotiations about the Multiannual Financial Framework 2021-2027. Edward Elgar.


2021
Journal article

Fontan, C., & Howarth, D. (2021). The European Central Bank and the German Constitutional Court: Police Patrols and Fire Alarms. Politics and Governance, 9(2), 241-251. https://doi.org/10.17645/pag.v9i2.3888 (Original work published 2021)


Book chapter

Fontan, C. (2021). Deux poids, deux mesures ? L’action de la BCE pendant la crise de la zone euro. In Sabine Saurugger (ed.), Les politiques publiques dans la crise 2008 et ses suites (Presses de Sciences Po, p. p. 336). Presses de Sciences Po.


2020
Book chapter

Fontan, C., & Larue, L. (2020). Central Banking. In Christian Borch and Robert Wosnitzer (ed.), Routledge Handbook of Critical Finance Studies. Routledge.


Journal article

Larue, L., Fontan, C., & Sandberg, J. (2020). The promises and perils of central bank digital currencies. Revue de la régulation, 28(4), en ligne. https://doi.org/10.4000/regulation.18018 (Original work published 2020)


van ’t Klooster, J., & Fontan, C. (2020). The Myth of Market Neutrality: A Comparative Study of the European Central Bank’s and the Swiss National Bank’s Corporate Security Purchases. New Political Economy, 1-15. https://doi.org/10.1080/13563467.2019.1657077 (Original work published 2019)


2019
Journal article

Fontan, C., & Saurugger, S. (2019). Between a Rock and a Hard Place: Preference Formation in France During the Eurozone Crisis. Political Studies Review, 17(4), 147892991986860. https://doi.org/10.1177/1478929919868600 (Original work published 2019)


Fontan, C., Dietsch, P., & Claveau, F. (2019). Les banques centrales et la justice sociale. Éthique publique, 21(2), 1-23. https://doi.org/10.4000/ethiquepublique.4856 (Original work published 2019)


Saurugger, S., & Fontan, C. (2019). The judicialisation of EMU politics: Resistance to the EU’s new economic governance mechanisms at the domestic level. European Journal of Political Research. Published. https://doi.org/10.1111/1475-6765.12322 (Original work published 2019)


Fontan, C. (2019). Contribution to the Symposium on “Financial Citizenship: Experts, Publics, and the Politics of Central Banking” by Anne-Lise Riles. Accounting, Economics, and Law: A Convivium, 1(1), 1 11. https://doi.org/10.1515/ael-2019-0017 (Original work published 2019)


Book chapter

Fontan, C., & De Cabanes Antoine. (2019). La Cour de Justice face à Gauweiler. La mise en récit de l’indépendance de la BCE. In Antoine Bailleux, Elsa Bernard, Sophie Jacquot (ed.), Les récits judiciaires de l’Europ: concepts et typologie (Bruylant, p. p. 170 - 191). Bruylant.


Fontan, C. (2019). Dépolitisation et (re)politisation des enjeux monétaires en Europe. Les politiques d’indépendance de la Banque centrale européenne. In Bastien François, Antoine Vauchez (ed.), Politique de l’indépendance Formes et usages contemporains d’une technologie de gouvernement (Presses du septentrion, p. p. 20 - 40). Presses du septentrion.


Fontan, C., & Caune Helene. (2019). Le choix de l’austérité pour faire face à la crise. Que reste-t-il aux États comme marge de manœuvre économique et sociale ? In Sabine Saurugger Simon Persico (ed.), Sauver l’Europe ? Citoyens, élections et gouvernance européenne par gros temps (Dalloz, p. p. 110 - 119). Dalloz.


Monography

Peter Dietsch, Francois Claveau, & Fontan, C. (2019). Les banques centrales servent-elles nos intérêts? Raisons d’agir.


2018
Book chapter

Claveau, F., Dietsch, P., & Fontan, C. (2018). The ethics of central banking. In A. Lever & A. Poama (ed.), The Routledge Handbook of Ethics and Public Policy (p. p. 178-190). Routledge.


Fontan, C. (2018). La crise financière de 2007. In Colin Hay Andy Smith (ed.), Dictionnaire d’économie politique (p. p. 123-134). Presses de Sciences-Po.


Fontan, C., & et al. (2018). Resisting in times of crisis: the implementation of European rigor plans in the Irish and Greek cases. In Nikolaos Zahariadis and Laurie Buonanno (ed.), The Routledge Handbook of European Public Policy (p. pp). Routledge.


Fontan, C., & Adrien Faudot. (2018). Monnaie. In Colin Hay Andy Smith (ed.), Dictionnaire d’économie politique (p. p. 319-325). Presses de Sciences-Po.


Monography

Fontan, C. (2018). Do Central Banks Serve the People? Polity Press.


Journal article

Fontan, C. (2018). Frankfurt’s double standard: the politics of the European Central Bank during the Eurozone crisis. Cambridge Review of International Affairs, online, 1-21. https://doi.org/10.1080/09557571.2018.1495692 (Original work published 2018)


Fontan, C., Carré, E., & L’Oeillet, G. (2018). Theoretical perspectives on the new era of central banking. French Politics, 16(4). https://doi.org/10.1057/s41253-018-0067-8 (Original work published 2018)


2016
Journal article

Fontan, C., Claveau, F., & Dietsch, P. (2016). Central banking and inequalities : Taking off the blinders. Politics, Philosophy & Economics, 15(4), 319-357. https://doi.org/10.1177/1470594x16651056 (Original work published 2016)


Fontan, C. (2016). Une banque centrale au-dessus des nations ? Faire peser les intérêts nationaux au sein de la Banque Centrale Européenne. Revue française d’administration publique, 158(2), 491. https://doi.org/10.3917/rfap.158.0491 (Original work published 2016)


2014
Journal article

Fontan, C. (2014). L’art du grand écart : La Banque centrale européenne face aux dilemmes provoqués par la crise de la zone euro. Gouvernement et action publique, 2(2), 103. https://doi.org/10.3917/gap.142.0103 (Original work published 2014)


2013
Journal article

Fontan, C. (2013). Frankenstein en Europe : L’impact de la Banque centrale européenne sur la gestion de la crise de la zone euro. Politique européenne, 42(4), 22. https://doi.org/10.3917/poeu.042.0022 (Original work published 2013)


Learning units for 2026

Label Code
Economic History of the EU BEUA1002
The economic basis of European Integration BEUSL2702
European political economy LEUSL2031
Economic and Monetary Union LEUSL2112
European Public Affairs LLSMS2064