[eng] Whereas the seventies' had been characterized by major changes in the relative prices of goods and services, the rise in real interest rates, from 1980 on, has initiated an era of turmoil in the financial markets. The various relative price shocks — the oil price hikes, the rising real...

[fre] Les années quatre-vingt présentent, pour les analyses macroéconomiques habituelles, des énigmes majeures, dont, aux premiers rangs, la persistance d'un chômage élevé en Europe et la désynchronisation des conjonctures américaine et européennes pendant la première moitié de la...

[fre] La Commission européenne a présenté dans un document intitulé « Agenda 2000 » les grandes orientations qu'elle propose pour les principales politiques communes et la programmation budgétaire associée sur la période 2000-2006. L'accueil des nouveaux membres est-européens figure en...

[fre] L'achèvement prochain du grand marché intérieur européen a fait apparaître l'urgence de l'harmonisation de certains impôts. Mais le débat a porté jusqu'à présent, pour l'essentiel, sur les impôts qui peuvent avoir une incidence directe sur l'instauration de la libre circulation...

[eng] Some important aspects of the current French decentralization are enlightened by the recent changes in US public finance. Proceeding from very different premises, the « New Federalism » and the French decentralization share in common a context of general economic slowdown and fiscal...

[eng] This article deals with the latest developments of European union. Since the beginning of the European monetary system in economic and monetary convergence has strengthened in Europe ; national discrepancies still persist. The latest official propositions the national reactions they have...

[eng] Ten years after the decentralization laws were adopted by the French Parliament, the once-and-for-all effects of the changes introduced have had time to work themselves out and the observed evolutions can safely be assumed to reflect the permanent functioning of the French system of local...

[eng] Recent studies by international organizations, such as the EC and the OECD, point to the increase in the share of wages in value added as a prominent factor in the worsening of the employment situation in major industrialized countries during the 70's. This article attempts to set the...

The rationale for coordinating economic policies, and notably fiscal and monetary policies, in the European Union (eu) rests on the existence of interdependencies ?' spillovers and possibly collective goods ?' amongst member states. Insofar as the main objective of the initial institutional...