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AB 2000 studies

Alain Boublil Blog

   

Archives May 2020

To rethink industrial policy

The huge damages caused by the corona virus outbreak on the French production plants as becoming aware of the risks generated by the foreign dependence on essential supplies have driven to the resurgence of a concept some believed it was forgotten or inefficient, the industrial policy. It had its glorious time during the Sixties, when trade borders were starting to be opened and during the Eighties when were revealed the weaknesses of the national production plant.

The neo-liberal turnaround in the Nineties in Europe as in the U.S. had made the concept put among the ideas and the practices ...

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34.5 billion euro : A record for French State emissions of Bonds

Since the beginning of May, the State has issued bonds for a record amount, 34.4 billion, through two Treasury Bonds issues, which brought as a total 21.6 billion carrying a -0.5% negative interest rate and 13.8 billion through mid and long term maturities bonds, an amount to which must be added an emission premium for an amount of 1.4 billion, generated by a 4% 2060 Bond. During the same period in 2019, with the same number of issues, the State got a one and half lower amount, i.e. around 20 billion. The huge expenses ...

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What does Germany want today ?

The ruling by Karlsruhe Constitutional Court warning the European Central Bank to justify its decisions couldn’t come at a worst time. It risks adding to the unprecedented economic crisis generated by the corona virus outbreak and to the latent trade war between China and the U.S. the third risk of a financial crisis in Europe. Neither Europe nor the world needed such an initiative. Atop of the worries it is arousing, the fact that this highest Court is fighting in the same time against the ECB, the European Court of Justice and the European Union itself leads to ...

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