Articles Tagués ‘Secular Stagnation.’

Le Blog de Philippe Waechter

Vous trouverez ci-dessous le lien vers un article « The World Has Changed, and There Is a Need for Proactive Fiscal Policies » que j’ai publié dans la revue « International Banker » en janvier. Il analyse la dynamique conjoncturel et le déséquilibre des politiques économiques mises en oeuvre.

« There is an economic and political malaise in many developed countries. For most of them, their growth profile is lower than what it was before the 2007/2008 crisis. In the US, the trend growth is marginally above 2 percent, and this cycle is the weakest since World War II. And even if the unemployment rate is low, close to full employment, the perception is that there are still rooms for improvement, but in an environment without wage pressures. This is a new situation….« 

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