Fiscal consolidation wrong-footed
By Sabine Le Bayon Should deficit reduction be the priority of governments today? The constraints imposed by the Stability Pact and especially by the financial […]
Fiscal policy
What new European austerity plans await us in 2012?
By Eric Heyer To meet French commitments vis-à-vis Brussels to a general government deficit in 2012 of 4.5% of GDP, the French Prime Minister Francois […]
The G20 Summit in Cannes: Chronicle of a Disappointment Foretold?
By Jérôme Creel and Francesco Saraceno Too long and too technical, the final declaration of collective action of the G20 Summit in Cannes shows that […]
Why the developed countries should renounce their AAA rating
By Catherine Mathieu and Henri Sterdyniak By their very nature, states with monetary sovereignty should renounce their AAA rating: indeed, what is the logic behind […]
Should tax breaks on overtime be reversed?
By Eric Heyer Among the savings plans announced on 24 August 2011 by French Prime Minister François Fillon figures a change to the system of […]
Forced borrowing: the WMD of fiscal policy
By Jean-Paul Fitoussi, Gabriele Galateri di Genola and Philippe Weil A spectre is haunting Europe – the spectre of sovereign default. All the powers of old Europe […]
What impact will fiscal policy have on French growth?
By Eric Heyer The proper framework for analyzing the French economy is a large economy that is not very open, and not a small open […]