2024-2025 World Economic Outlook: EUROPE TAKES OFF
OFCE Analysis and Forecasting Department, Éric Heyer (dir.) and Xavier Timbeau (dir.) [1] This text is the summary of the Outlook for the World Economy […]
Economic outlook
The UK budget: From support to austerity
By Hervé Péléraux With the latest national accounts published on 22 December 2022 showing a 0.3% fall in GDP in Q3 of 2022, following a […]
War in Ukraine and rising international tension: What impact on GDP?
By Raul Sampognaro The invasion of Ukraine launched by Russia on 24 February 2022[1] dealt a major shock to the European economy, which was already […]
United States: Slowdown or recession?
by Christophe Blot In the first quarter of 2022, US GDP fell by 0.4%, ending the recovery that had begun in the summer of 2020. […]
The OFCE optimistic about growth – “As usual”?
By Magali Dauvin and Hervé Péléraux In the spring of 2019, the OFCE forecast real GDP growth of 1.5% for 2019 and 1.4% for 2020 (i.e. […]
The imperative of sustainability economic, social, environmental
OFCE[1], ECLM[2], IMK[3], AKW[4] It was during the climax of the so-called Eurozone sovereign debt crisis that we engaged into the independent Annual Growth Survey […]
Spain: a 2018 budget on target, if the Commission likes it or not
By Christine Rifflart With a deficit of 3.1% of GDP in 2017, Spain has cut its deficit by 1.4 points from 2016 and has been […]
Major adjustments are awaiting the euro zone
By Bruno Ducoudré, Xavier Timbeau and Sébastien Villemot Current account imbalances are at the heart of the process that led to the crisis in the […]
The participation rate and working hours: Differentiated impacts on the unemployment rate
By Bruno Ducoudré and Pierre Madec In the course of the crisis, most European countries reduced actual working hours to a greater or lesser extent […]
What can be deduced from the figures on inflation?
By Eric Heyer In May, inflation in the euro area moved closer to the ECB target. The sharp rise in inflation, from 1.2% to 1.9% […]