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L'impact économique des fortes inégalités : problèmes et solutions

Listed author(s):
  • Francesco Saraceno

L’augmentation des inégalités a des conséquences macroéconomiques importantes car, combinée aux idiosyncrasies institutionnelles et aux réponses politiques, elle contribue soit à la stagnation de la demande agrégée soit à la hausse des dettes publiques et privées. Les inégalités peuvent aussi conduire, associées aux effets d’offre, à une stagnation de l’économie dans le long terme. La distribution des revenus peut être un facteur déterminant de l’apparition de déséquilibres globaux très importants, sources de l’extrême fragilité de l’économie à l’orée de la crise. En retour la crise elle-même est un facteur de croissance des inégalités, particulièrement à la périphérie de la zone euro. Le chemin pour une croissance soutenable dans le futur, passe, dès lors, par une réduction des inégalités qui, en particulier en Europe, doit être coordonnée. Finalement, comme la « course à la rente » a joué un rôle important pour expliquer la croissance passée des inégalités, des politiques actives fiscales et de régulation sont indispensables pour réduire les inégalités.

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

Volume (Year): N° 134 (2014)
Issue (Month): 3 ()
Pages: 187-200

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Handle: RePEc:cai:reofsp:reof_134_0187
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