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DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 3 views

History accelerates even further in 2026

  • 26 January 2026
  • Decoding

Philippe Waechter

“There are decades when nothing happens, and there are weeks when decades pass.” This quote from Lenin is widely used today, but it aptly summarizes the acceleration of History.  History…

READ
  • Geopolitics
  • 8 views

The era of ruptures

  • 21 January 2026
  • Decoding

Philippe Waechter

“We are in the midst of a rupture, not a transition..” This is Mark Carney’s key message in Davos. In a powerful speech, the Canadian Prime Minister positions himself as…

READ
  • Davos
  • Mark Carney
  • 10 views

A new world is emerging, Part II, No Turning Back

  • 13 January 2026
  • Decoding

Philippe Waechter

The break is not yet complete, but a return to the past seems illusory. The reasons that caused the global economic model to shift have not disappeared. Industrial policy remains…

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  • 11 views

A new world is emerging – Part I

  • 9 January 2026
  • Decoding

Philippe Waechter

The world took on a Kantian dimension, particularly after the fall of the Berlin Wall. Such a framework validated the primacy of law, economic interdependence, the negotiated and peaceful settlement…

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  • 16 views

The economy is also tragic, anything is possible

  • 6 January 2026
  • Decoding

Philippe Waechter

Everyone has been making predictions for 2026. Drawing comparisons, sketching patterns, developing logical and rational arguments… For a long time, especially after the fall of the Berlin Wall in November…

READ
  • 26 views

StableCoin – A brief introduction

  • 18 December 2025
  • Decoding

Philippe Waechter

The world is changing very quickly, and the old rules no longer apply. International trade is being disrupted, and political balances are being challenged as alliances shift rapidly. Technology is…

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  • Stablecoin
  • 30 views

FDI in the South, The Great Rebalancing

  • 3 December 2025
  • Decoding

Philippe Waechter

The IMF’s number two official, Dan Katz, made headlines in April 2024 with a scathing speech about institutions like the IMF and the World Bank, which he claimed should be…

READ
  • 22 views

The business cycle, does it still exist?

  • 27 November 2025
  • Decoding

Philippe Waechter

The business cycle is a generic term illustrating the fluctuations of an economy. Several interpretations. The simplest method is to represent the rises and falls in activity. These phenomena can…

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  • Business Cycle
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