Observatoire Français Des Conjonctures Économiques
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The Observatoire Français des Conjonctures Économiques (), often referred to by its acronym OFCE, is a prominent French economic policy
think tank A think tank, or public policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governme ...
in
Paris Paris () is the Capital city, capital and List of communes in France with over 20,000 inhabitants, largest city of France. With an estimated population of 2,048,472 residents in January 2025 in an area of more than , Paris is the List of ci ...
. It is mostly government-funded and hosted by the
Sciences Po Sciences Po () or Sciences Po Paris, also known as the Paris Institute of Political Studies (), is a public research university located in Paris, France, that holds the status of ''grande école'' and the legal status of . The university's unde ...
higher education organization. OFCE's research is regularly featured in French media, and it has ongoing relationships with French and European public authorities. As of May 2023, OFCE was ranked 16th worldwide (and first in France) among economic think tanks by the
RePEc Research Papers in Economics (RePEc) is a collaborative effort of hundreds of volunteers in many countries to enhance the dissemination of research in economics. The heart of the project is a decentralized database of working papers, preprints, ...
initiative.


History

OFCE was founded in 1981 following a 1979 report by and
Baudouin Prot Baudouin Prot (born 24 May 1951) is a French economist who was chairman of BNP Paribas' board of directors until December 2014. He is now a senior advisor at Boston Consulting Group and Partners Group. Early life Prot was born 24 May 1951. He gra ...
. It was long established in a riverfront building on 69, Quai d'Orsay in Paris, and moved in March 2017 to more modern offices at 10, place de Catalogne. The successive Presidents of OFCE have been: * 1981–1989:
Jean-Marcel Jeanneney Jean-Marcel Jeanneney (13 November 1910 – 17 September 2010) was minister in various French governments in the 1950s and 1960s, and France's first ambassador to Algeria in the immediate aftermath of the Algerian War. Born in Paris, he has ...
* 1989–2010:
Jean-Paul Fitoussi Jean-Paul Fitoussi (19 August 1942 – 15 April 2022) was a French economist and sociologist of Sephardi Jewish descent. Biography Born in La Goulette, French Protectorate of Tunisia, Fitoussi earned his Ph.D. ''cum laude'' in Law and Econ ...
* 2011–2013: Philippe Weil * Since 2014: In the early 2020s, OFCE President Xavier Ragot has been cited internationally among the top French economists.


Merger with CEPII

In late 2023, a government-commissioned report by economists and
Nicolas Véron Nicolas Véron () is a French economist. He is a senior fellow at Bruegel in Brussels, which he co-founded in 2002–05, and at the Peterson Institute for International Economics in Washington DC, which he joined in 2009. In 2012, he was included ...
recommended a merger between OFCE and
CEPII The Centre d'Études Prospectives et d'Informations Internationales (), generally referred to by its acronym CEPII, is a French institute for research in international economics. It is government-funded and part of the Office of the Prime Ministe ...
, another government-funded think tank that focuses on international economics. Upon the report's publication, Prime Minister
Élisabeth Borne Élisabeth Borne (; born 18 April 1961) is a French politician who served as Prime Minister of France from May 2022 to January 2024. A member of President Emmanuel Macron's party Renaissance (French political party), Renaissance, she is the secon ...
endorsed the recommendation.


See also

*
German Institute for Economic Research The German Institute for Economic Research (), or, more commonly DIWBerlin, is a economic research institute in Germany, involved in economic research and policy advice. According to Repec, it is among the top-10 percent of non-profit economic ...
*
Ifo Institute for Economic Research The Ifo Institute for Economic Research is a Munich-based research institution. Ifo is an acronym from Information and Forschung (research). As one of Germany's largest economic think-tanks, it analyses economic policy and is known for its mon ...


Notes

Think tanks established in 1981 Political and economic think tanks based in France Economic research institutes Organizations based in Paris 1981 establishments in France Sciences Po {{Economy-stub