Faced with excessive government debt, several countries have launched comprehensive structural reforms to consolidate their public finances. Drawing on the experiences of foreign countries, this article shows that control of public spending, in particular the implementation of fiscal rules for...

On 16-17 September 2010, the Banque de France’s Directorate General Economics and International Relations and the Bureau d’économie théorique et appliquée (BETA) of Strasbourg University jointly hosted a conference on the topic “New challenges for public debt in advanced economies”...