How to interpret the rebound in French GDP in 2021-2022?
(WorldNews Politics)

Post n°182 How to interpret the rebound in French GDP in 2021-2022? Published on 09/30/2020 Share links Send by email Alert by email Share Facebook Twitter LinkedIn By Pierre Aldama, Hadrien Camatte, Jean-François Ouvrard and Paul Sabalot According to the Banque de France macroeconomic projections published on 14 September 2020, after declining by 8.7% in 2020, GDP growth is expected to stand at 7.4% in 2021 and 3.0% in 2022. Despite this apparently impressive rebound, the economic catching-up process should in reality only be very gradual. GDP should only return to its pre-crisis level at the beginning of 2022. This post provides a few explanations of these unusual growth rates. Chart 1:...