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May 7, 2009 - ,

EcoTV May 2009: Central Europe, Japan, and the evolution of the world crisis… 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: Central Europe within the crisis, the situation of Japan, and the chances of an upcoming recovery .

Central Europe facing up to the current crisis
Jean Lemierre, senior adviser to BNP Paribas’ chairman

“ […] political openness is key in time of crisis because you need discussions. It is really difficult to accept tough measures and tough measures have been imposed on them. […] ”

Japan, the hardest hit in G7
Philippe d’Arvisenet, Director of Economic Research

“ […] Most of this decrease has to do with the foreign trade namely exports which really collapsed, because Japan is selling the kind of stuff which is impacted by the financial crisis, things that are sensitive to credit: durable goods, equipment goods […] ”

The recession softens
Eric Vergnaud, OCDE Economist

“[…] Some positive signals have emerged in recent weeks: certain key indicators have levelled off or improved; fears of a sharp slowdown in China have diminished […] However, the most recent data are contrasted and we must remain careful and keep patience. ”

Discover the May 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.

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