BIPE’s was created in 1958, a critical period when post-war France renewed with Europe and modernity.
During the 50’s, France was in the turmoil of post-war reconstruction, during which it changed its political regime, currency, and stabilised its economic fundamentals. By late 50’s France rebounded, renewing with modernity and opening up to Europe. It could now look squarely into the future.
However, two French high-ranking civil servants, François Bloch-Lainé, Managing Director of the governmental institution ‘Caisse des Dépôts et Consignations’, and Claude Gruson, Director for Economical and Financial Studies at the Finance Ministry, were convinced that the then-used methods for collecting economical information were too centralised and biased on political interests to be able to properly serve a modernised France. Therefore they set up BIPE in 1958 in order to provide independent economic information.