IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-01024559.html
   My bibliography  Save this paper

Ramener à zéro le déficit public doit-il être l'objectif central de la politique économique ?

Author

Listed:
  • Henri Sterdyniak

    () (OFCE - OFCE - Sciences Po)

Abstract

La crise des années 2008-2009 fut provoquée par des innovations financières hasardeuses, dans un contexte de libéralisation financière et d'explosion de la masse de capitaux à la recherche de placements liquides et rentables. Les marchés financiers se sont révélés avides, aveugles et instables. La globalisation financière a permis le gonflement de déséquilibres qui ont fini par éclater. En sens inverse, la crise ne provient pas de hausses excessives des dépenses, des déficits ou des dettes publics. En 2007, le solde public de l'ensemble des pays de l'OCDE ne présentait qu'un déficit de 1,3 % du PIB ; celui de l'ensemble des pays de la zone euro de 0,7 % du PIB (voir Mathieu et Sterdyniak, 2009). Les dettes publiques étaient stables (à 40 % du PIB pour la dette nette de l'ensemble des pays de l'OCDE) (...).

Suggested Citation

  • Henri Sterdyniak, 2012. "Ramener à zéro le déficit public doit-il être l'objectif central de la politique économique ?," Post-Print hal-01024559, HAL.
  • Handle: RePEc:hal:journl:hal-01024559
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-01024559
    as

    Download full text from publisher

    File URL: https://hal-sciencespo.archives-ouvertes.fr/hal-01024559/document
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Carmen M. Reinhart & Kenneth S. Rogoff, 2009. "Varieties of Crises and Their Dates," Introductory Chapters,in: This Time Is Different: Eight Centuries of Financial Folly Princeton University Press.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2014. "This Time is Different: A Panoramic View of Eight Centuries of Financial Crises," Annals of Economics and Finance, Society for AEF, vol. 15(2), pages 1065-1188, November.
    3. Catherine Mathieu & Henri Sterdyniak, 2012. "Faut-il des règles de politique budgétaire ?," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(7), pages 299-346.
    4. repec:spo:wpecon:info:hdl:2441/eu4vqp9ompqllr09j0h14g91k is not listed on IDEAS
    5. repec:dau:papers:123456789/4777 is not listed on IDEAS
    6. repec:dau:papers:123456789/12010 is not listed on IDEAS
    7. Catherine Mathieu & Henri Sterdyniak, 2009. "La globalisation financière en crise," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(3), pages 13-73.
    8. repec:spo:wpecon:info:hdl:2441/eo6779thqgm5r489m6u1i2a0o is not listed on IDEAS
    9. Catherine Mathieu & Henri Sterdyniak, 2011. "Finances publiques, sorties de crise..," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 17-60.
    10. Charles Wyplosz, 2011. "Fiscal Discipline: Rules Rather Than Institutions," National Institute Economic Review, National Institute of Economic and Social Research, vol. 217(1), pages 19-30, July.
    11. Catherine Mathieu & Henri Sterdyniak, 2011. "Finances publiques, sorties de crise…," Sciences Po publications info:hdl:2441/5l6uh8ogmqi, Sciences Po.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:hal:journl:hal-01024559. 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: (CCSD). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    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.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with 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.