Le Peterson Institute publie régulièrement des études intéressantes. Il faut dire qu’il compte en son sein l’excellent Anders Aslund  (qui défendait l’austérité ici et les réformes scandinaves – les siennes – là). Il vient de publier un long article, réquisitoire contre la France.

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Le papier, signé par Jacob Kirkegaard est sévère… En somme, rien ne se passe, rien ne change, tout est contreproductif. La France est digne d’un pays de « la périphérie »:

Unable to muster the political capacity to reform itself in the absence of a deep crisis, France fits the political definition of a peripheral country in the euro area, except that things have not gotten as bad as they have in Greece, Portugal, Ireland, and arguably Spain and Italy in recent years.

(…)

Lacking financial market pressure, however, France’s status quo parties will likely continue to derive the functional equivalent of America’s “exorbitant privilege” and enjoy interest rates lower than its own economic fundamentals would dictate. France’s problem is not a sudden speculative attack, but rather continued malaise, stagnation, and decline.

 Voici la conclusion du papier :

France’s inability to reform itself puts Europe at risk, in short, and condemns France to subpar influence in Europe and thwarted aspirations. For its own sake and Europe’s, France must do better.

 

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