The financial markets: Sword of Damocles of the presidential election
By Céline Antonin Although some of the candidates may deny it, the financial risk linked to the fiscal crisis in the euro zone is the […]
The misfortunes of virtue*
By Christophe Blot * This text summarizes the outlook produced by the Department of Analysis and Forecasting for the euro zone economy in 2012-2013, which […]
Europe’s banks: leaving the zone of turbulence?
By Vincent Touzé The 2008 crisis almost endangered the entire global financial system. Thanks to support from governments and central banks, the banking sector has […]
Towards a major tax reform?
By Guillaume Allègre and Mathieu Plane (eds.) Taxation is more at the heart of the current election campaign and public debate than ever before. The […]
Must balancing the public finances be the main goal of economic policy
By Henri Sterdyniak The financial crisis of 2007-2012 caused a sharp rise in public deficits and debt as States had to intervene to save the […]
The new European treaty, the euro and sovereignty
By Christophe Blot On 2 March 2012, 25 countries in the Economic and Monetary Union (EMU) adopted a new treaty providing for greater fiscal discipline. […]
The citizen must be the foundation of any industrial policy — even a free market one
By Sarah Guillou The purpose of industrial policy is to direct productive specialization towards sectors that are deemed strategic for well-being or economic growth. This […]
Is government expenditure in France too high?
By Xavier Timbeau Since 2005, France has vied with Denmark for first place in terms of government expenditure as reported by the OECD. Since the […]
He who sows austerity reaps recession
By the Department of Analysis and Forecasting, headed by X. Timbeau This article summarizes OFCE note no.16 that gives the outlook on the global economy […]
A carbon tax at Europe’s borders: Fasten your seat belts!
By Éloi Laurent and Jacques Le Cacheux How can the current deadlock in international climate negotiations be resolved? By an optimal mix of incentives and constraints. […]