At a moment when, coming at the invitation of the president of the Federal Reserve, Jay Powell, the international economic leaders and the economists gather at Jackson Hole, uncertainties about the evolution of the world economy during the end of the year have increased. The progressive discharge of the effects of the Covid-19, the mastering of the fossil fuels flows affected by the invasion of Ukraine by Russia and the stabilization of the relationship between the United States and China have not been enough to reestablish a trust climate, indispensable for the return to growth in the developed countries as ...

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At the time when the share of public expenditures reaches record levels and the indebtedness overpasses 110% of the GDP, critics are multiplying against the public services deterioration. Social movements started by their employees denounce the diminution of the services quality and are claiming for more resources and for an increase of their payrolls to facilitate the hiring of new agents. A large share of the population feels abandoned due to that deterioration which has caused protest waves and a strong increase of the votes in favor of extremist parties, from the left as from the right. To sum up ...

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The publication of the Chinese economy results during the 2023 2^nd quarter has been generally received with disappointment and frequently with the evocation od the new structural weaknesses to which the country was confronted. What is really true? To appreciate growth, you may use two criteria, the comparison between two successive quarters or with the past year one. Quarter on quarter, growth has been 0.8%, with a very significant slowing from the previous period (+2.2%) which took profit from the strong rebound resulting from the end of restrictions decided to cope with the Covid-19 pandemic. It is ...

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