Growth momentum – Philippe Waechter's blog

Philippe Waechter's blog

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From Yesterday to Today – October 28 – Understanding Growth

28 October 2020

Decoding

Growth is conditioned by the accumulation of capital and its articulation with technical progress. This is an essential factor in understanding the growth profiles of developed countries. But this is…

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The perverse equation of an epidemic for growth

9 March 2020

Politics & Society

Philippe Waechter

Growth is doomed until uncertainty about the magnitude, duration and contagion of the epidemic is reduced. The responses, although rational, accentuate the risk of recession. Economic growth will frankly slow…

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Voodoo Economics

6 February 2020

United States

Philippe Waechter

I am thrilled to report to you that our economy is the best it has ever been (Trump’s 2020 State of the Union Address) This sentence starts one the first…

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306 views

French growth and employment: A comparison with the Euro Area

11 September 2018

France

Philippe Waechter

The French government is currently scaling down its growth forecast for 2018. In the initial budget the expected growth rate was 1.7% but was upgraded at 2% in April before…

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361 views

The monetary policy procyclicality: a new source of concern

3 August 2018

Actus & Chroniques

Philippe Waechter

Central bankers are progressively adopting a pro-cyclical behavior. The global growth momentum is now lower and central banks’ strategy now have a restrictive bias. In the US, Canada, UK and…

Growth momentum

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The global economic outlook in 3 graphs

3 July 2018

World Economy

Philippe Waechter

The economic environment is changing. The world Markit index level in the manufacturing sector is still showing growth (index at 53 above the threshold of 50) but it is trending…

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The manufacturing sector is running out of steam in the euro area – My Monday column

25 April 2018

Euro Area

Philippe Waechter

World growth stepped up a pace in 2017 as a result of a policy mix that was heavily on the side of demand, while effective monetary accommodation worldwide combined with…

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DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

From Yesterday to Today – October 28 – Understanding Growth

The perverse equation of an epidemic for growth

Voodoo Economics

French growth and employment: A comparison with the Euro Area

The monetary policy procyclicality: a new source of concern

The global economic outlook in 3 graphs

The manufacturing sector is running out of steam in the euro area – My Monday column

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