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February 2009

The latest monthly economic report

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Société Générale Group

Economics department

February 2009

Sweden

Some lessons to be drawn from the 1990s Swedish crisis
François Letondu

Fiscal stimulus plan

A stimulus package targeting households, healthcare and education
Loïc Brient

Financial stability plan

Financial stability plan: the devil is in the detail
Loïc Brient

Monetary policy

BoJ Policy: ‘Back to the future’?
Audrey Gasteuil

Overview

‘Who’ll Stop the Pain?’
Hervé Monet

Japan

Industry in the doldrums
Audrey Gasteuil

Euro area

Alert over public finances
François Letondu

Germany

A sad record
François Letondu

Spain

Spanish depression
Davide Giardino

United States

A long dark tunnel
Loïc Brient

United Kingdom

Waste land
Davide Giardino

France

Salutary but short-lived household resistance
Daphné Maurel

Italy

Waiting for Godot?
Davide Giardino