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"Dans les décennies d'après-guerre, des milliers de kilomètres de routes et d'autoroutes sortent de terre pour soutenir l'intensification du trafic et relier, à travers les paysages agricoles remembrés, les métropoles aux zones industrielles, ports, aéroports, centrales électriques et...
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The French economy weathered global crisis better than most of its peers. The authorities have taken important policy actions to stabilize the financial system and have implemented suitable fiscal stimulus to cushion the downturn. Executive Directors welcomed the policy, which aims to strengthen...
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This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
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