Trésor-Economics No. 91 - How will 2010 pensions reform contribute to the sustainability of public finances after the crisis?
The economic crisis of 2008-2009 has increased pressure on the public finances of most developed countries, against a background of ageing populations, adding to doubts as to their sustainability.A country's public finances are considered to be sustainable when it is capable of funding its public debt over the very long term with no change of policy. Sustainability depends on both short and long-t... Lire la suite