Germany is struggling
The German economy will be in recession this year. The GDP figures go in this direction and the cyclical indicators do not give any signals contrary to it. Yet Germany was on…
Philippe Waechter's blog
Ecological Planning Waiting for Disruption
President Macron announced the steps of ecological planning. These announcements were eagerly awaited to allow France to converge on the targets it has set for itself in terms of CO2 emissions. This is…
Energy Transition
Can the energy transition be limited to the construction of renewable energies, mainly solar panels, at low prices? This is something that is often heard or read.This optimistic view would signal that…
The limits to our freedom
In 2009, the Stockholm Resilience Centre defined the nine boundaries of the planet that formed the framework of its functioning before the industrial revolution.Exceeding one of the frontiers does not cause an immediate rupture…
The $100 oil price?
The price of oil, at 92 dollars yesterday, is increasing and could quickly approach 100 dollars per barrel which is the average price observed over the whole of 2022. What is the dynamic behind…
The Brics at 11 or the definition of a new global balance
The expansion of the Brics from 5 to 11 countries is not anecdotal, it is a radical change in the global balance. Until now the Brics group (Brazil, Russia, India,…
What is your attitude towards climate change?
What is our, your, attitude towards climate change? Are you more conservative, cornucopian or rebellious? Each attitude corresponds to an aspect of the energy transition. We each tend to favor part of…
Macroeconomic Turbulence #1 June 2023
Energy Transition and Industrial PolicyIndustrial policy is once again at the center of economic policy debates. This reflects both the consequences of the pandemic and the lack of room for…