Based in Paris, BNP Paribas' Economic Research Department is composed of economists and statisticians:
The Economic Research department’s mission is to cater to the economic research needs of the clients, business lines and functions of BNP Paribas. Our team of economists and statisticians covers a large number of advanced, developing and emerging countries, the real economy, financial markets and banking. As we foster the sharing of our research output with anyone who is interested in the economic situation or who needs insight into specific economic issues, this website presents our analysis, videos and podcasts.
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Faced with the resurgence of the pandemic and the discovery of a new, highly contagious variant of the coronavirus, many countries have imposed strict or partial lockdowns to curb the progression of the virus. As a result, there has been a sharp drop in the momentum of retail and leisure traffic flows during the first week of January, as shown by the latest Google Mobility Report dated 10 January...
The year 2021 starts under pressure from the rising number of Covid-19 cases in numerous countries. In Europe in particular, countries have had to tighten their health restrictions to contain the spread of the virus. In the weeks ahead, these new restrictions are bound to have a further negative impact on consumer traffic flows in the retail and leisure sectors...
At the approach of the holiday season and fearing another resurgence in the coronavirus pandemic, several European countries have tightened their lockdowns to contain the level of contamination. We can expect that in the weeks ahead, these new restrictions will have a clear impact on the momentum of retail and leisure traffic flows. Over the past week, momentum was already stagnant in most of the European countries, as illustrated by the Google Mobility Report released on 13 December...
The latest Google Mobility Report - published on 6 December – shows that customer traffic flows to retail and leisure businesses in Europe early this month continued to build on the momentum reported end November. This momentum is the result of the easing of containment measures in Europe...
Google's latest report on mobility (Google Mobility Report), published on November 29, shows encouraging momentum in customer traffic of retail and recreation in Europe at the end of that month...
According to Google’s latest Mobility Report, published on 22 November, customer traffic in the retail and recreation sectors in France, Belgium and the UK remains far below baseline* levels at 59%, 56% and 51% respectively on a seven-day moving average (Figures 1 and 2). However, a degree of stabilisation is noticeable, after the sharp drop seen in the early days of the autumn lockdowns...
Customer traffic flows fell sharpest in the countries that were hit hardest by the second wave of the pandemic and that implemented full lockdowns, according to Google mobility reports...
An example of successful economic transition, Poland still enjoys fairly favourable prospects despite the expected slowing of growth against a background of less favourable international conditions. Over the medium to long term, there are factors that will weigh on potential growth and weaken a Polish economic model based on competitiveness and low labour costs. The first section of this article analyses the impact of institutions on productivity, which is a major determinant of the differences in standard of living between countries, as illustrated through the example of Poland. The second section examines the question of Poland’s estimated medium-term potential growth, after an analysis of its pathway since the 1990s.
