In this new episode of MacroWaves, we examine how artificial intelligence is reshaping growth in emerging economies. We hear from three economists at BNP Paribas Economic Research: Lucas Plé, Christine Peltier, and Hélène Drouot. While Asia dominates semiconductor production, other countries, such as those in Latin America and Africa, are either exploiting their mineral resources or falling behind. What challenges will they face? The answers lie in moving upmarket, securing energy supplies and avoiding increased geopolitical dependence in order to transform this opportunity into sustainable productivity gains.<a href="https://economic-research.bnpparibas.com/Home/en-US">https://economic-research.bnpparibas.com/Home/en-US</a> Hosted on Ausha. See <a href="https://ausha.co/privacy-policy">ausha.co/privacy-policy</a> for more information.

<description>&lt;p&gt;In this new episode of MacroWaves, we examine how artificial intelligence is reshaping growth in emerging economies. We hear from three economists at BNP Paribas Economic Research: Lucas Plé, Christine Peltier, and Hélène Drouot.&lt;br&gt;While Asia dominates semiconductor production, other countries, such as those in Latin America and Africa, are either exploiting their mineral resources or falling behind.&lt;br&gt;What challenges will they face? The answers lie in moving upmarket, securing energy supplies and avoiding increased geopolitical dependence in order to transform this opportunity into sustainable productivity gains.&lt;/p&gt;&lt;p&gt;&lt;a href="https://economic-research.bnpparibas.com/Home/en-US"&gt;https://economic-research.bnpparibas.com/Home/en-US&lt;/a&gt;&lt;/p&gt;&lt;br/&gt;&lt;p&gt;Hosted on Ausha. See &lt;a href="https://ausha.co/privacy-policy"&gt;ausha.co/privacy-policy&lt;/a&gt; for more information.&lt;/p&gt;</description>


In this new episode of MacroWaves, we examine how artificial intelligence is reshaping growth in emerging economies. We hear from three economists at BNP Paribas Economic Research: Lucas Plé, Christine Peltier, and Hélène Drouot.
While Asia dominates...

AI, a new strategic driver for emerging economies

Between rising interest rates, an ageing population and massive rearmament needs, the budgetary equation for advanced economies is becoming increasingly complex. Why is debt continuing to grow in the United States and France, while it is falling in Spain and Italy? How does Germany intend to finance its infrastructure and defence without jeopardising its budgetary stability? In this new episode of En Eco dans le texte, Stéphane Colliac, Marianne Mueller and Benjamin Puiseux explain the inner workings of public debt. They also explore reasons for optimism: from the impact of artificial intelligence on productivity to reforms in the employment rate of senior citizens. These are certainly significant constraints, but are they really insurmountable? Delve into the issues that will shape global economies between now and the end of the decade.<a href="https://economic-research.bnpparibas.com/Home/en-US">https://economic-research.bnpparibas.com/Home/en-US</a> Hosted on Ausha. See <a href="https://ausha.co/privacy-policy">ausha.co/privacy-policy</a> for more information.

<description>&lt;p&gt;Between rising interest rates, an ageing population and massive rearmament needs, the budgetary equation for advanced economies is becoming increasingly complex. Why is debt continuing to grow in the United States and France, while it is falling in Spain and Italy? How does Germany intend to finance its infrastructure and defence without jeopardising its budgetary stability?&lt;br&gt;In this new episode of En Eco dans le texte, Stéphane Colliac, Marianne Mueller and Benjamin Puiseux explain the inner workings of public debt. They also explore reasons for optimism: from the impact of artificial intelligence on productivity to reforms in the employment rate of senior citizens.&lt;br&gt;These are certainly significant constraints, but are they really insurmountable? Delve into the issues that will shape global economies between now and the end of the decade.&lt;/p&gt;&lt;p&gt;&lt;a href="https://economic-research.bnpparibas.com/Home/en-US"&gt;https://economic-research.bnpparibas.com/Home/en-US&lt;/a&gt;&lt;/p&gt;&lt;br/&gt;&lt;p&gt;Hosted on Ausha. See &lt;a href="https://ausha.co/privacy-policy"&gt;ausha.co/privacy-policy&lt;/a&gt; for more information.&lt;/p&gt;</description>


Between rising interest rates, an ageing population and massive rearmament needs, the budgetary equation for advanced economies is becoming increasingly complex. Why is debt continuing to grow in the United States and France, while it is falling in Sp...

Public finances in advanced economies: significant yet surmountable constraints?

Hello, everyone, and welcome to another episode of Macro Waves, the BNP Paribas Economic Research podcast. Today, we're looking at household consumption, which remains the main driver of growth in both the Eurozone and the United States. As we all know, household consumption suffered a major negative shock during the COVID-19 pandemic. Since then, growth has remained very moderate in the Eurozone, while it has accelerated sharply in the United States. After the pandemic, the inflationary crisis and contrasting economic policies of recent years, where do we stand on either side of the Atlantic?<a href="https://economic-research.bnpparibas.com/Home/en-US">https://economic-research.bnpparibas.com/Home/en-US</a> Hosted on Ausha. See <a href="https://ausha.co/privacy-policy">ausha.co/privacy-policy</a> for more information.

<description>&lt;p&gt;Hello, everyone, and welcome to another episode of Macro Waves, the BNP Paribas Economic Research podcast. Today, we're looking at household consumption, which remains the main driver of growth in both the Eurozone and the United States. As we all know, household consumption suffered a major negative shock during the COVID-19 pandemic. Since then, growth has remained very moderate in the Eurozone, while it has accelerated sharply in the United States. After the pandemic, the inflationary crisis and contrasting economic policies of recent years, where do we stand on either side of the Atlantic?&lt;/p&gt;&lt;p&gt;&lt;a href="https://economic-research.bnpparibas.com/Home/en-US"&gt;https://economic-research.bnpparibas.com/Home/en-US&lt;/a&gt;&lt;/p&gt;&lt;br/&gt;&lt;p&gt;Hosted on Ausha. See &lt;a href="https://ausha.co/privacy-policy"&gt;ausha.co/privacy-policy&lt;/a&gt; for more information.&lt;/p&gt;</description>


Hello, everyone, and welcome to another episode of Macro Waves, the BNP Paribas Economic Research podcast. Today, we're looking at household consumption, which remains the main driver of growth in both the Eurozone and the United States. As we all kno...

In 2026: Consumption to rebound in the Eurozone and to modaterate in the US?

In today’s discussion, we delve into the public finances of emerging economies in 2025, based on an exclusive analysis of our most recent EcoPerspectives issue focused on these economies. With robust but slowing growth, rising public debt and limited fiscal flexibility, what challenges and opportunities lie ahead for these countries?That's what we're going to explore with Hélène Drouot, an expert on Latin America and Lucas Plé, who specialises in sub-Saharan Africa <a href="https://economic-research.bnpparibas.com/Home/en-US">https://economic-research.bnpparibas.com/Home/en-US</a> Hosted on Ausha. See <a href="https://ausha.co/privacy-policy">ausha.co/privacy-policy</a> for more information.

<description>&lt;p&gt;In today’s discussion, we delve into the public finances of emerging economies in 2025, based on an exclusive analysis of our most recent EcoPerspectives issue focused on these economies. With robust but slowing growth, rising public debt and limited fiscal flexibility, what challenges and opportunities lie ahead for these countries?&lt;/p&gt;&lt;p&gt;That's what we're going to explore with Hélène Drouot, an expert on Latin America and Lucas Plé, who specialises in sub-Saharan Africa&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;&lt;a href="https://economic-research.bnpparibas.com/Home/en-US"&gt;https://economic-research.bnpparibas.com/Home/en-US&lt;/a&gt;&lt;/p&gt;&lt;br/&gt;&lt;p&gt;Hosted on Ausha. See &lt;a href="https://ausha.co/privacy-policy"&gt;ausha.co/privacy-policy&lt;/a&gt; for more information.&lt;/p&gt;</description>


In today’s discussion, we delve into the public finances of emerging economies in 2025, based on an exclusive analysis of our most recent EcoPerspectives issue focused on these economies. With robust but slowing growth, rising public debt and limited...

Emerging economies — Solid growth, limited room for manoeuvre

<a href="https://economic-research.bnpparibas.com/Home/en-US">https://economic-research.bnpparibas.com/Home/en-US</a> Since Donald Trump's return to the White House in 2025, the United States has massively increased its tariffs. As a result, trade flows to the US have been disrupted, but has this affected the dynamics of global trade? And above all, are we heading towards a major restructuring of global trade? Fins out more here: <a href="https://economic-research.bnpparibas.com/Publication/23418/en-US">EcoPerspectives — Advanced Economies | 3rd Quarter 2025– Economic Research – BNP Paribas</a> Hosted on Ausha. See <a href="https://ausha.co/privacy-policy">ausha.co/privacy-policy</a> for more information.

<description>&lt;p&gt;&lt;a href="https://economic-research.bnpparibas.com/Home/en-US"&gt;https://economic-research.bnpparibas.com/Home/en-US&lt;/a&gt;&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Since Donald Trump's return to the White House in 2025, the United States has massively increased its tariffs. As a result, trade flows to the US have been disrupted, but has this affected the dynamics of global trade? And above all, are we heading towards a major restructuring of global trade?&lt;/p&gt;&lt;p&gt;&lt;br&gt;&lt;/p&gt;&lt;p&gt;Fins out more here: &lt;a href="https://economic-research.bnpparibas.com/Publication/23418/en-US"&gt;EcoPerspectives — Advanced Economies | 3rd Quarter 2025– Economic Research – BNP Paribas&lt;/a&gt;&lt;/p&gt;&lt;br/&gt;&lt;p&gt;Hosted on Ausha. See &lt;a href="https://ausha.co/privacy-policy"&gt;ausha.co/privacy-policy&lt;/a&gt; for more information.&lt;/p&gt;</description>


https://economic-research.bnpparibas.com/Home/en-US


Since Donald Trump's return to the White House in 2025, the United States has massively increased its tariffs. As a result, trade flows to the US have been disrupted, but has this affected the dyna...

International trade: after the US tariff offensive, an ever more multipolar world


Stories about money and markets : Monthly talks from the Economic Research department of BNP Paribas.

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