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Efforts to Reduce the Public Finance Imbalance in France in the Multiannual Planning Context (Proby zmniejszania nierownowagi finansow publicznych we Francji w kontekscie planowania wieloletniego)

Author

Listed:
  • Katarzyna Stabryla-Chudzio

    (Faculty of Finance and Law, Cracow University of Economics)

Abstract

The aim of the study was to show the progress of the French government in reducing the general government deficit and public debt in the period 1998–2017. Referring to research hypotheses, it should be emphasized that despite the fact that France was twice covered by the excessive budget deficit procedure, the consolidation of public finances in France is not satisfactory. The Stability Programmes of France, French legal acts on public finance and multi-annual planning, proposals for recommendations of the European Commission and recommendations of the Ecofin Council as well as Eurostat data were used to analyze the forecasts of the budget balance and public debt in the paper. Due to the limited development framework, detailed studies did not cover the relationship between forecasts on public revenues and GDP on the one hand and public expenditure plans, budget balance and public debt on the other.

Suggested Citation

  • Katarzyna Stabryla-Chudzio, 2019. "Efforts to Reduce the Public Finance Imbalance in France in the Multiannual Planning Context (Proby zmniejszania nierownowagi finansow publicznych we Francji w kontekscie planowania wieloletniego)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 17(83), pages 72-93.
    • Handle: RePEc:sgm:pzwzuw:v:17:i:83:y:2019:p:72-93
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    More about this item

    Keywords

    multi-annual planning; French budget; budget deficit; public debt;
    All these keywords.

    JEL classification:

    • H20 - Public Economics - - Taxation, Subsidies, and Revenue - - - General
    • H50 - Public Economics - - National Government Expenditures and Related Policies - - - General
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • H62 - Public Economics - - National Budget, Deficit, and Debt - - - Deficit; Surplus
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • H68 - Public Economics - - National Budget, Deficit, and Debt - - - Forecasts of Budgets, Deficits, and Debt

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