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Quelle dette publique à l'horizon 2030 en France ?

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  • Éric Heyer
  • Mathieu Plane
  • Xavier Timbeau

Abstract

The financial and banking crisis in France, as in all industrialized countries, has had a considerable impact on the activity and evolution of public finances. If the lack of activity accumulated since the beginning of the crisis is expected to take over the next decade, the level of public debt (percent of GDP), however, should keep long-term effect of this crisis (2030). The purpose of this paper is to assess from different growth scenarios, the different trajectories of balances and public debt over the next two decades. Finally, beyond the uncertainties concerning the evolution of long term growth, we tested sensitivity to long-term debt to several assumptions (sustained rise in interest rates, fiscal policy more or less restrictive, etc.). JEL classification codes: E2, E62, E66, H68.

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Bibliographic Info

Article provided by Presses de Sciences-Po in its journal Revue de l'OFCE.

Volume (Year): n° 112 (2010)
Issue (Month): 1 ()
Pages: 5-33

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Handle: RePEc:cai:reofsp:reof_112_0005

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Web page: http://www.cairn.info/revue-de-l-ofce.htm

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Keywords: long term outlook; public debt; public deficit;

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