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AB 2000 studies

Alain Boublil Blog

   

Archives October 2018

The disappointing figures of the French economy

The publication of the unemployment figures for the 3rd quarter constitutes a new disappointment. Jobseekers number has reached 3.72 million, a 0.5% increase compared to the previous quarter. However, a 1% fall is noticed on one year but these small variations must not divert attention from the main point. Unemployment stays at a very high level in France with a 9% rate for these who are registered at “Pôle Emploi” as having no activity at all. The rate is much higher if are added all the part-time employees who would wish to find full-time jobs. Even ...

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Chinese economy holds out

The publication of the first estimation of the 3rd quarter Chinese growth rate (6.5%) confirms that the financial markets worries as these of commentators were excessive. Of course, the published numbers are slightly inferior to expectations (6.6%) but this gap is trivial and the referred disappointment is absurd. Regarding the three first 2018 quarters, China has reached a 6.7% rhythm, above the government objectives and, anyway, an impressive one, if we take into account the size of the Chinese economy and if we compare it to other major economies. The Middle empire stays as one of the ...

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The Brazil mistakes

The impressive score of Jair Bolsonaro in the first round of Brazilian presidential election has aroused attention on the country from all around the world. The populist authoritarianism with its racist and homophobic whiffs and the liberalism which inspires the economic program of the candidate show that this one is full of contradictions. Commentators have noticed some similarities with Donald Trump election. They even have made a comparison with the divisions and the crisis which is affecting Europe. Yet, that analysis is superficial. Brazil political and economic situation is quite different. If we set aside some short periods of time ...

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