This paper examines what economic policy has learned from the contemporary developments in economic research and which lessons have been drawn from them for the formulation and the implementation of French economic policy. Advances in research are grouped under three headings: the intertemporal...

We assess the nature of the European sovereign crisis in the light of a model borrowed from the second generation of currency crises. We bring the theory to the data to empirically test the presence of self-fulfilling dynamics and to identify what may have driven the market sentiment during this...

The financial burden for EU health systems associated with cardiovascular disease (CV) has been estimated to be nearly €110 billion in 2006, corresponding to 10 % of total healthcare expenditure across EU or a mean €223 annual cost per capita. The main purpose of this study is to estimate...

In a context of generalization of decentralization in the world going "hand in hand" with democratization and globalization, Brazil qualifies the universality of this process, at least in matter of fiscal federalism. In the paper, we firstly adopt a comparative perspective relative to an...

In this paper, we implement Granger causalty tests using panel data as methodology perfected by Hurlin (2004, 2005) and Hurlin and Venet(2004). We consider the bilateral trade patterns of the European Union with 17 countries over the period 1976-2000. We show that for the whole sample, there are...

This paper investigates the welfare effects of international trade when technological idiosyncratic risk is distorted by optimistic and pessimistic managers. We show that free trade always improves the ex-ante welfare but sometimes lowers the ex-post welfare. Free trade commitment can be...

Le Laboratoire Prospective, Stratégie et Développement Durable (PS2D) de la Faculté des Sciences Économiques et de Gestion de Tunis (Université Tunis El Manar) et le Réseau de chercheurs de l’Agence Universitaire de la Francophonie ‘Analyse Economique et Développement’...

Le retour du Brésil à la démocratie s’est accompagné d’une ouverture aux échanges au niveau multilatéral (OMC) et régional(Mercosur). Simultanément, la constitution de 1988 affirmait une volonté forte de décentralisation fiscale. Vingt ans plus tard, le bilan de l’intégration...

Lors des émeutes de Seattle, en 1999, les manifestants avaient planté deux panneaux indiquant deux directions opposées :l’OMC vers la droite, la démocratie vers la gauche. Cette incompatibilité supposée entre la libéralisation du commerce et la démocratie aurait sans doute étonné...