In this paper, we try to point out some important weaknesses of the contemporary French socialeconomic model, focusing on relevant elements of comparison with Nordic countries. In doing so, we rely on the idea that large and small countries differ in terms of growth and governance strategies....

Les constats et hypothèses d’évolution du modèle français ont montré que son avenir était fortement conditionné par l’avenir de l’Europe.

In this paper, we try to point out some important weaknesses of the contemporary French social-economic model, focusing on relevant elements of comparison with Nordic countries. In doing so, we rely on the idea that large and small countries differ in terms of growth and governance strategies....

Le chômage de masse est le problème majeur de l’Europe. Il est en partie la conséquence d’une absence de coordination des politiques macroéconomiques des pays européens. Si « l’achèvement du grand marché intérieur » ne résout pas directement le problème, (...)

UNEMPLOYMENT in Europe has reached levels in this decade that have not been seen since the Great Depression. The annual unemployment rate in the European Economic Community rose sharply in 1981 and continued rising to its 1984-85 plateau. In contrast, the U.S. unemployment rate, which also rose...

The `New Economy' proponents pointing to the recent and exceptional performance of the US economy are talking about a new golden age. This new age of the economy would be the result of a combination between the implementation of new information and communication technologies, a neutral monetary...

This paper argues that although the crisis may have emerged in the financial sector, its roots are much deeper and lie in a structural change in income distribution that has been going on for the past three decades. The widespread increase of inequality depressed aggregate demand and prompted...

How near of a financial crisis and thus of an economic crisis tout court, are we? The answer to this question depends a lot on the behaviour of Central Bankers. To understand why, a brief description of the present situation is in order (...).

A review of different theoretical models confirms that economists of opposing beliefs find themselves agreeing about the usefulness of employment subsidies. In a country with a relatively high wage floor, they reduce the cost of labour for firms. In countries where wage floors are low, subsidies...

In 2003 Chancellor Schroeder launched an ambitious structural reform package (Agenda 2010), that simultaneously reformed the pension system and the labour market (following the proposition of the Hartz commission report, of August 2002). This program reinforced a trend already visible since the...