Archives Jan. 1, 2019

The small review of the French growth rate for the second quarter, which would have reached 0.3% instead of 0.2% in its first estimation, as the increase of household consumption of goods in July (+0.4%) after the fall in June (-0.2%) must not give illusions. The levels are still very low and insufficient to assert that France has regained a satisfying economic trend. In looking more closely at these numbers, it is possible to think it is even the opposite. Contrast is striking between the improvement of the financial situation of both household and enterprises and ...

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Two major international meetings will be held at the end of the week. Leaders from the U.S, Canada, Japan, Germany, Italy and France, the country which hosts the Summit will get together in Biarritz. The creation of such “Summits” was decided in the middle of the Seventies. Their purpose was mainly economic. At that time, the world is emerging from the fixed currencies system instituted after the war and crisis are going one after the other. So heads of States and of governments are considering it is useful to talk to each other, to get informed about the intentions ...

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Les résultats médiocres de la croissance française au 2^ème trimestre que viennent de confirmer les chiffres du commerce extérieur et de la production industrielle au mois de juin devraient conduire à s’interroger sur le bien-fondé des choix économiques du gouvernement. Ils s’inscrivent dans la continuité de ceux opérés depuis une dizaine d’années et on peut les résumer ainsi : la France doit procéder à des « réformes de structure » de son modèle économique et social en réduisant le coût du travail, en accroissant la flexibilité de l ...

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