Un événement organisé par
Press REGISTER

Who benefits from savings ?

Session 20 Amphi 5 July 5, 2024 17:15 - 18:15

Overview

In a country where social protection is an integral part of the economic model, the French are showing a preference for saving. After peaking at almost 21 % during Covid-19, the French savings rate fell back to around 17.5 % in 2023, well above the levels of the Eurozone, the USA and the UK, which are closer to 10 %. Set aside, however, this 6,000-billion-euro windfall could act as a brake on the mechanics of economic recovery. Today, household savings in France are used to finance home purchases, and two-thirds are held in bank accounts or in regulated savings schemes (life insurance, passbook savings accounts). The shortfall in savings can be seen on two levels: firstly, in consumption, as we saw in 2023, to what extent it has been an obstacle to growth. Secondly, in terms of financing the productive investment and innovation our country needs: R&D, reindustrialization, financing start-ups. How can we unlock French savings for growth ?


Speakers

Nicolas CALCOEN
Deputy Chief Executive Officer, Head of Distribution & Wealth Division, Head of Strategy, Finance and Control Division
-
Amundi
Bio
Ada DI MARZO
Partner & Managing Director France
-
Bain & Company
Bio
Florence LUSTMAN
Chairwoman
-
France Assureurs
Bio
Bertrand RAMBAUD
Chairman
-
France Invest
Bio
Philippe SETBON
Chairman
-
Association Française de la Gestion Financière (AFG)
Bio

Coordinator

Bertrand BADRÉ
Invited by
-
Le Cercle des économistes
Bio

Moderator

Marie VISOT
Editor in Chief
-
Le Figaro
Bio