IDEAS home Printed from
   My bibliography  Save this article

La crise et les règles françaises de gouvernance des finances publiques


  • Benoît Chevauchez


In France, the public finances laws still ignore widely the issue of budget balance. The financial crisis makes this silence worrisome and numerous voices advocate for the establishment of a budget balance rule in the Constitution which would determine numerical limits to deficits. Nevertheless such a reform seems to be useless, difficult and insufficient. Useless, because the Maastricht treaty already fixes budget balance obligations. Difficult, because one can barely imagine how to impose constitutionnal sanctions regarding such technical issues. Insufficient, because instances of numerical fiscal rules evidenced that they did not succeed by themselves to change fiscal behaviors. Instead of these numerical rules, procedural rules are likely to be more efficient. They should aim at imposing consistency in the running of the whole consolidated public finances, at reinforcing multiyear management and at subordinating spending to resources. Enticing to responsible fiscal decisions, they would mitigate the casualness that too often marks, in France, the fiscal behaviour. JEL Classification codes: H61.

Suggested Citation

  • Benoît Chevauchez, 2011. "La crise et les règles françaises de gouvernance des finances publiques," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 291-311.
  • Handle: RePEc:cai:reofsp:reof_116_0291

    Download full text from publisher

    File URL:
    Download Restriction: free

    File URL:
    Download Restriction: free

    More about this item


    sustainability; fiscal rules; fiscal balance; public finances law;

    JEL classification:

    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:reofsp:reof_116_0291. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jean-Baptiste de Vathaire). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.