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November 9, 2009 - ,

EcoTV November 2009: Increasing deficits and consolidation, Brazil-Russia: different in face of the global crisis and the situation in the Euro zone and the United States … All in video

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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: the increasing government budget deficits, the impact of the economic crisis on Russia and Brazil, and the situation in the Euro zone and the United States.

Fiscal Consolidation: When? How?
Philippe d’Arvisenet, Director of Economic Research

“ […] When you look at the recovery which seems to have happen over the last one or two quarters depending on countries, it was largely due to the support coming from the government to change cars for instance. […] ”

Brazil-Russia: Why so different in face of the global crisis?
Anna Dorbec and Valérie Perracino, OCDE Economist

“ […] First, we have to remember that Russia’s specialization is much more biased toward commodities than Brazil’s. With oil and gas representing about 70 % of its exports, Russia has suffered an adverse terms of trade shock much more pronounced than Brazil. […] ”

Central banks will be cautious
Eric Vergnaud, OCDE Economist

“ […] The US and the eurozone economies emerged from recession in the third quarter. However, while all of the economic indicators are signalling that growth will continue, it is highly likely that this will be at a slower rate. […] ”

Discover the November 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.