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International relocation has become a topical issue in recent months, in France as in Europe. The debate is not new, but while it was focusing 12 years ago on traditional industries and trade with emerging Asia, it includes now higher value-added goods and trade with CEEC?'s. The article deals...

According to the NAK, Keynesian fiscal stabilisation policies have no favourable impact on output. This view is widely spread in Europe where public deficits and debts are judged excessive, which would raise interest rates and depress output (private agents anticipating future higher taxes)....

Reforming the SGP has become a highly debated issue in Europe. This paper starts with recalling the fiscal policy framework in the euro area : the 3 % of GDP limit for public deficits, stability programmes, the broad economic policy guidelines. The weaknesses of the existing procedures are...

There is a broad consensus in Europe that there is a specific European Social Model (ESM) that should be preserved. However this notion remains ambiguous. In recent years, economic performances have been better in liberal and Scandinavian countries than in continental and Mediterranean...

Since the launch of the Euro, persistent and even rising disparities among Member States have made it difficult to implement short-term or structural common economic policies. The article gives an overview of Euro area disparities in terms of growth and inflation and imbalances, mainly...

What is the impact of international relocation on French unemployment? Is there any need for policy answers? For some economists, relocation has a limited impact on unemployment. Job losses occur only in specific sectors or regions. This may require specific policy support, but has no negative...

This paper provides an outline of the first EUROFRAME conference on fiscal policies in the European Union held in Paris, 4 June 2004. Seven topics were addressed: 1) Assessment of European fiscal policies since 1990. 2) Fiscal policy effectiveness: any evidence of anti-Keynesian effects? 3)...