EcoTV July / August 2009: Inflation, public finance in the Euro zone and the impact of the crisis on the Gulf countries... All in video - BNP Paribas South Korea
News & Press News & Press Releases
July 16, 2009 - ,

EcoTV July / August 2009: Inflation, public finance in the Euro zone and the impact of the crisis on the Gulf countries… All in video

Forward to a friendForward to a friend PrintPrint

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. […] ”

Discover the July / August episode

About …
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.