Interest Rates, Growth and Public Debt Sustainability

The trajectory of public debt as a percentage of GDP depends on the accumulation of annual primary public balances and the spread between interest rates and growth rates. Historically, in France and in the major advanced countries, this gap has been highly volatile, alternating between positive and negative periods. Analysis of the conditions that have enabled debt ratios to be reduced in the past... Lire la suite


Southern Africa Economic Dashboard

A recovery in regional economic growth unevenly distributed among the countries of the region The latest IMF data released in April 2018 (World Economic Outlook, April 2018) confirms an increase in sub-Saharan Africa economic growth from 0.7% in 2016 to 1.4% last year, which is higher (by 0.1 percentage point) to last October's forecast, and expect an upward trend with + 1.9% in 2018. Nevertheles... Lire la suite


Trade openness, growth and inequalities

Les Entretiens du Trésor is a yearly conference which focuses on a key economic issue and its associated policy challenges. This event is hosted by the French Treasury, at the Ministry for the Economy and Finance. Theme of the 2017 edition : “Trade openness, growth and inequalities”.⇒ French version Joseph Stiglitz, Nobel Prize in Economics highlighted that doubts from the academic world have emer... Lire la suite