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Macro Waves

  • Audiobrief | Self-employment back to the future

    26 JUN 2024 · In this Audiobrief, Stéphane Colliac discusses selfemployment in France. It has been growing again for almost 20 years, particularly in household services, but also in business services. In France, which has created nearly 420000 jobs a year over the last 5 years, self-employment has represented almost one job creation out of 5. https://economic-research.bnpparibas.com/Home/en-US
    Played 6m 6s
  • Audiobrief | The European Union's trade balance: back in surplus

    28 MAY 2024 · In this Audiobrief, Guillaume Derrien discusses recent evolution of the European Union's trade balance. The latter moved back to a surplus in 2023. Despite China’s ramping up to higher value-added sectors, the EU trade surplus in traditionally buoyant industries (pharmaceuticals, automotive) remains at historically-high levels. https://economic-research.bnpparibas.com/Home/en-US
    Played 5m 24s
  • Audiobrief | French trade deficit: France is relatively deindustrialised but investing

    13 MAR 2024 · In this audiobrief, Stéphane Colliac describes France’s trade deficit for 2023 main drivers. In addition to a deficit linked to imports of hydrocarbons and a structural deficit reflecting the country’s de-industrialisation, it is also driven by France’s investment in the needs arising from the ecological and digital transition and the electrification of the car industry.   https://economic-research.bnpparibas.com/Home/en-US
    Played 5m 38s
  • #2 - Geopolitical uncertainty: economic consequences

    21 DEC 2023 · In the second podcast on geopolitical uncertainty and its economic consequences, Daniel Morris and William De Vijlder look more closely at the impact of geopolitical uncertainty on firms, households and financial markets. https://economic-research.bnpparibas.com/Home/en-US
    Played 21m 20s
  • #1 - Geopolitical uncertainty: economic consequences

    19 DEC 2023 · In two podcasts Daniel Morris, Chief Market Strategist of BNP Paribas Asset Management discusses with William De Vijlder, Group Chief Economist of BNP Paribas the impact of geopolitical uncertainty on the economy. In this first podcast, they look at economic and geopolitical uncertainty, why it matters and how it can be measured. https://economic-research.bnpparibas.com/Media-Library/en-US/Episode-1-Geopolitical-Uncertainty-Economic-Consequences-12/19/2023,c40181
    Played 17m 7s
  • #2 - Looking beyond the peak

    19 OCT 2023 · In the second and last episode of the series on central banks and their fight against inflation, Andrew Craig and William de Vijlder are looking beyond the peak and discuss what will come next. Among the questions are: how long will central banks hold rates at these levels? How long will they plateau at these current levels? what come after that? https://economic-research.bnpparibas.com/Home/en-US
    Played 13m 12s
  • #1 - Central banks and their fight against inflation. Job done?

    12 OCT 2023 · In this series of two podcasts Andrew Craig, co-head of the Investments Insight Center at BNP Paribas Asset Management, interviewed William de Vijlder, group chief economist of the Economic Research of BNP Paribas regarding the central banks policies to fight inflation. Among the questions answered in the first episode are:Are we at the peak or can we expect further rates hikes? Is the inflation going to declines? at which pace? https://economic-research.bnpparibas.com/Home/en-US
    Played 24m 19s
  • #3 - National recovery plan Espana 2050: Towards a productivity recovery?

    31 MAY 2023 · In this third and final episode of the series dedicated to labour productivity in Spain, signs of encouragement for a recovery in Spanish productivity are presented, in particular thanks to a national recovery plan (2021-2026) that is in line with the España 2050 strategy, which consists of raising R&D investment. https://economic-research.bnpparibas.com/Home/en-US
    Played 8m 44s
  • #2 - Why Is Productivity Growth So Low?

    24 MAY 2023 · In this second episode of the series on labour productivity in Spain, Hélène Baudchon and Guillaume Derrien discuss the three main factors that explain Spain's low productivity. https://economic-research.bnpparibas.com/Home/en-US
    Played 7m 11s
  • #1 - Productivity Spain's Achilles'Heel

    17 MAY 2023 · In this series of three podcasts "Focus on Labour Productivity in Spain" Hélène Baudchon, Deputy Chief Economist and Head of the OECD team, BNP Paribas Economics Department and Guillaume Derrien, Senior Economist in the same team, discuss productivity as an endemic weakness of the Spanish model. This first episode reviews the main trends in the evolution of productivity in Spain compared to its European neighbours over the last 25 years. https://economic-research.bnpparibas.com/Home/en-US
    Played 7m 34s
Stories about money and markets : Weekly talks from the Economic Research department of BNP Paribas with William De Vijlder, Group Chief Economist.
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