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 finance
Frédérique Cerisier, OCDE Economist
“ […] 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, OCDE Economist
“[…] 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. […] ”
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.