Julien Moussavi, Head of Economic Research at Beyond Ratings, cited in Le Monde

Julien Moussavi, was interviewed for an article in the French national newspaper Le Monde about the causes for and the risks associated with the weakness of current inflation, which generally disrupts the conduct of monetary policies and the economy:

In this article, he provides some explanations for low unionizations rate and the high number of poor quality jobs. Precarious workers and self-employed workers are not in a strong position to negotiate increases. “They are also competing with workers in low-cost countries, and under the threat of outsourcing in certain sectors”, said Julien Moussavi. “Globalization is moderating wages and prices. “

Find the full article here.