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Recent events affecting the monetary stability of the euro area have revealed deep misunderstandings between the French and the Germans. France argues that political considerations must prevail over European subjects, while Germany defended at all costs the principle of monetary stability… Continue reading
This document proposes to include in 2010 a balanced-budget rule in the French Constitution and in the LOLF (Loi Organique relative aux Lois de Finances, the quasi-constitutional framework that governs the French national budget process). The rule is inspired by … Continue reading
The Welfare State and its system of social protection are undergoing massive transformation. In France, as elsewhere, the nature and impact of social risks have changed: old age is no longer a risk due to lengthened life expectancy; health, family … Continue reading