Euler Hermes > Economic research > Periscope - The Chief Economist Blog


​Let it Flow

On Thursday, December 29, 2016, Category:

It took you over a year to get it out of your head. Your kids have stopped obsessing about it; they even managed to ask Santa Claus for something else than Elsa and Ana.
I just felt the last blog post of 2016 had to be special, given how special (yes, this is an understatement) 2016 has been for companies around the world. No need to dwell on it, right? Let’s move on.
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China's economy needs 5 doses of Vitamin C

On Sunday, December 25, 2016, Category:

​“The more you eat, the less flavor; the less you eat, the more flavor.” - Chinese Proverb
There was a time, and not so long ago, when China’s growth outweighed everything else. Year in year out, the appetite for ever bigger GDP rose (see chart below). That is no longer the case.
While China’s economy expands, the pace and nature of growth are changing. Gone are the days of unfettered industrialism. Services are on the rise, manufacturing is fast becoming more fine-tuned. The rebalancing should lead to a healthier economy in the long run. But in the short term, it is sometimes  a cause for perplexity, even confusion.
To tackle head on the economic challenges China faces, our new report suggests a more refined diet. It is based on five doses of vitamin C. Each of these is unique as it derives from a different source and aims at a specific effect. All are linked.
Here’s the list:

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Italy’s economy after the referendum: Now what?

On Friday, December 09, 2016, Category:

​In the wake of the resounding “no” vote to constitutional reform our latest study of the Italian referendum’s impact on the economy analyses why the results do not warrant panic.
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​Renewable Energy: Seeing the full half of the COP

On Thursday, November 03, 2016, Category:

As almost 200 leaders converge on Marrakech for the COP22 conference the world – or at least its green parts – finds itself a tad more hopeful than in previous years. The aim is to implement details of the Paris climate deal, which was touted “historical”.

The fact that dozens of industrial superpowers, including China, the U.S., and the European Union have ratified the Paris agreement justifies some optimism. 

The political elites finally let go of the squabbling at least to some extent and implement a more mature approach.

Yet a nagging question remains: Where’s the money flowing? Or to be more precise: can green energy be turned into greenback?

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Trade Wars: The Force Weakens

On Friday, October 21, 2016, Category:

​“Do. Or do not. There is no try [for trade]” – Master Yoda. 

OK, Master Yoda did not mention trade in this pivotal moment of Luke Skywalker’s training. Yet there are so many similarities between the Star Wars saga and the situation of international trade that we had to risk drawing a parallel. I also have to confess it is a great way to get the lay reader interested in something which looks a bit boring or institutional that is the state of world trade.

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