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AB 2000 studies

Alain Boublil Blog

   

Europe

Europe-United-States : The big gap

The publication of the figures regarding 2023 growth and the forecasts for 2024 shows the growing gap which has been established between Europe and the Unites States. On the other side of the Atlantic growth has been 2.5% in 2023 and it is forecasted 2.7% in 2024. Inside the eurozone, it has been 0.5% in 2023. A figure inferior to 1% is forecasted for 2024. The U.S. have a full employment situation and financial markets are worrying at each publication of the jobs creation about the consequences that would have on wages and so on prices ...

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The worrying productivity fall

During 2023 4th quarter, productivity inside European Union has fallen by 1.2% when it had increased in the United States by 2.6%. In France, the government forecasts a very low growth, between 0 and 0.5% until 2027. Per capita, it had only increased between 2010 and 2023 by 5% and had dived between 2019 and 2023 by 6%. Well, the increase of the productivity is a determining factor of growth, of level of life and of enterprises good health. It is that which has been at the heart of the economic revolutions during these last two centuries ...

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Toward a European crisis ?

The European Union is in bad way. It is not the first time. We remember the crisis which had affected the European Monetary System with the several readjustments and the return journey of the Sterling. But that had not impeached the creation of the euro and the successful conversion of the national currencies into the single one. We have not anymore forgotten the consequences of the sub-prime crisis, of the excessive Greek indebtedness and of the weakness of the Irish financial system. Even the Brexit with all its complications on the trade exchanges and on the role of London as ...

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