Tresor-Economics

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Trésor-Economics No. 2 - Estimates of French medium to long-term potential growth revisited

INSEE recently published new projections of the French working population to 2050. According to these estimates, the number of people in the labour force would continue to rise till 2015 then stabilise at between 28.2 and 28.5 million, whereas in earlier calculations, the labour force was projected to decline as from 2007. This dynamism stems from increased fertility, more abundant immigration, an... Lire la suite

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Trésor-Economics No. 1 - The global economic outlook in autumn 2006

Growth in the global economy in the first half of 2006 was geographically better balanced than previously: it remained very robust in the emerging countries of Asia, while the euro zone enjoyed a strong domestic demand-led rebound. Growth slackened in both the United States and Japan in the second quarter.Looking ahead, global growth is expected to slow in 2007.  Less accommodating monetary polici... Lire la suite