EcoTV July / August 2009: Inflation, public finance in the Euro zone and the impact of the crisis on the Gulf countries... All in video
The webTV for BNP Paribas economists, is presented by the journalist Sybille Deshedin. On the agenda every month is Philippe d'Arvisenet, Director of Economic Research; as well as two interviews regarding the top headlines in the international economic world. EcoTV is the monthly economic news source in video.
This month, the three subjects are dedicated to: inflationary risks and stakes, the eurozone countries fiscal balance, and how do Gulf states resist to the crisis and what are their prospects .Is it easy to get the inflation back? Philippe d'Arvisenet,
Director of Economic Research
“ […] some people are hoping for inflation and think that it could be a tool in order to lighten the burden of public debt. I don't think that's possible whatever you hope for. […] ”Euro zone: such a difficult time for public financeFrédérique Cerisier,
“ […] Fiscal balances deteriorate very rapidly both due to governments' packages and simply to the recession which is leading to a collapse in fiscal and social revenues. […] ”Do not confuse negative inflation this summer with deflation Clemente De Lucia,
“[…] we think it is only a short term impact. Firstly because they have accumulated a lot of external assets thanks to their petro dollars inflows. And secondly we think that oil prices will be sustained in the medium term. […] ” Discover the July / August episodeAbout …
The Economic Research
department at BNP Paribas economists in the banking service and its clients from the principle financial markets worldwide. The website, regularly proposes different publications: macroeconomic analysis, the OCDE country's monetary and finance, Country risks from emerging countries and the evolution of the financial and banking world.
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