Economic Outlook 2012: Slow economic recovery?
03/06/2012
To a full house of students and professionals at both the Lille and Paris campuses at IESEG, Dr. Jean-Michel Boussemart held his 2012 Annual Economic Outlook Conference. With the landscape of the European Union in metamorphosis, Boussemart’s outlook for the future appears to be one filled with expectations of slow economic recovery driven by the “two motors”, China and the United States. Another recession is still not out of the question, but due to the increase in liquidity and the decrease of personal indebtedness the economy, while more modestly, will continue to grow through 2012. However, while concluding on a positive note Mr. Boussemart warned that in the chance that the Euro Zone is to “break apart” the entire global outlook would become bleaker and the world would be sent back into a recession.
Jean-Michel Boussemart is the Managing Director of the Coe Rexecode Center of Economic Observation and Research for Sustainability and an IESEG Alumnus.
Watch the video on YouTube (in French).