Tag: Economic policy
Debt, pensions: “In France, financial fiction dominates economic reality”
The excesses of easy money and the illusion of the benefits of debt, Jacques de Larosière has been denouncing them for ages. Financial crises, he managed the sometimes dramatic consequences…
Pensions: Theodule committees, a French disease
It’s a French pathology: for each politically explosive subject, a contraption. Hear a “council”, a “committee”, a “high commission”. Or better still a “high authority”. Whatever the name, as long…
Pensions: “Before any other reform, it will be necessary to improve social dialogue”
For the economist and Renaissance deputy Marc Ferracci, former adviser to Emmanuel Macron and Jean Castex, it is essential that the French work “more numerous and longer” in order to…
Paris Air Show: do we wake up? By Jean-Francois Cope
After the nuclear industry, militant environmentalism now has a new target in sight: aviation. The energy consequences of the Russian invasion saved the atom sector in extremis. This time, at…
Public expenditure: when the State confines itself to the role of service firefighter
A few days ago, the solemn Assises des finances publics took place, an event organized by Bercy and overseen by the Prime Minister herself, aimed at signaling the end of…
Financial pact: We must move from a logic of aid to that of a partnership with emerging countries
A few percent. This is the share that major European and American investors devote to developing countries. Investments in Southern countries remain marginal, hampered by the perception of high risk,…
Pensions: 884 billion hidden deficits, a democratic scandal, by Nicolas Marques
Since 2002, the reports of the Pensions Orientation Council (COR) have followed and resembled each other. They report relatively limited pension deficits (67 billion cumulative over 21 years) or even…
Pensions: “The COR is not a serious organization, it must be abolished”, by Jean Peyrelevade
While the latest report from the Pensions Orientation Council published this week considers that the recent reform will be insufficient to bring pensions back into the green by 2030, increasingly…
Economic sovereignty: these CAC 40 companies that fly the colors of France
Industrial, health, energy, food… Not a week goes by without Emmanuel Macron declining the concept of sovereignty, hammering home the absolute necessity for France to establish – or regain, it…
COR report on pensions: what if we already agreed on the diagnosis?
The Pensions Guidance Council (COR) is publishing its annual report this week in which it makes a financial assessment of the reform: the system will remain slightly in deficit by…