Tresor-Economics - Trésor Info | Direction générale du Trésor

Trésor-Eco

Trésor-Economics No. 145 - What is the future of France's healthcare expenditure reimbursement system for patients with long-standing diseases?

Rédigé par : DG Trésor 15 avril 2015

Expenditure for patients suffering from a recognized long-standing diseases(Affection de Longue Durée - ALD) currently represents a major share (€90bn in 2011) of total reimbursed healthcare expenditures. The ALD system itself, which supplements standard reimbursements by granting patients copayment exempt status for all medical procedures and services related to LSDs, costs the national health in... Lire la suite

Trésor-Eco

Trésor-Economics No. 144 - The world economic situation in spring 2015: global activity is accelerating, driven by the advanced countries

Rédigé par : DG Trésor 09 avril 2015

Disregarding quarterly fluctuations, GDP growth steadily gained momentum in 2014 in all the advanced economies except Japan. Nevertheless, substantial divergences persist between the main economic areas.The recovery is forecast to spread to all the advanced economies in 2015, and growth in the euro area should accelerate in 2016. The sharp decline in oil prices is a boost to the global economy. Ho... Lire la suite

Trésor-Eco

Trésor-Economics No. 143 - Labour mobility in the EU: dynamics and policies

Rédigé par : DG Trésor 03 février 2015

Labour mobility contributes to the smooth functioning of the internal market in the European Union by ensuring a better match between labour supply and demand, which is necessary to reduce unemployment and increase productivity. Furthermore, in a monetary union such as the euro area, labour mobility could act as an automatic stabiliser against asymmetric shocks, since monetary policy responds prim... Lire la suite

Trésor-Eco

Trésor-Economics No. 142 - Children, family policy and taxation: transfers from the welfare and tax redistribution system to families in 2014

Rédigé par : DG Trésor 27 janvier 2015

Within Europe, France has an especially strong fertility rate with 2.01 children per woman against an average of 1.58 for the European Union as a whole in 2012. Women are also extremely active in the labour market, with a labour force participation rate of 83% of 25 to 54 year-olds in 2012 compared to the EU average of 79%. Although other factors are involved, these figures are often held up as vi... Lire la suite

Trésor-Eco

Trésor-Economics No. 141 - Part-time work and work-sharing: a comparison between France and Germany

Rédigé par : DG Trésor 16 janvier 2015

France and Germany post similar actual average annual working times of approximately 1,650 hours. This similarity, however, conceals a shorter average working time for full-time employees in France (about 200 fewer hours a year) and a higher proportion of part-time wage-earning jobs in Germany (26%) than in France (18%). In the past decade, both France and Germany recorded strong increases in the... Lire la suite

Trésor-Eco

Trésor-Economics No. 140 - Why are post-crisis Spanish exports so dynamic?

Rédigé par : DG Trésor 21 novembre 2014

Spain's export performance has improved sharply since 2009-in other words, its exports of goods and services have been more robust than expected relative to the development of the foreign demand.This strong performance is due to several factors including the sharp improvement in cost competitiveness, partly made possible by the wage moderation but also by the strong recovery in productivity that a... Lire la suite

Trésor-Eco

Trésor-Economics No. 139 - What’s behind the United States' falling unemployment rate?

Rédigé par : DG Trésor 03 novembre 2014

The rapid fall in the United States' unemployment rate has been accompanied by a decline in the labour force participation rate that has accelerated since the crisis. After peaking at 10.0% of the labour force at the end of 2009, the unemployment rate has fallen steadily, reaching 5.9% in September 2014. Lower unemployment stems primarily from brisk job creation; however, it occurred against the b... Lire la suite

Trésor-Eco

Trésor-Economics No. 138 - What outlook for the French automobile industry?

Rédigé par : DG Trésor 22 octobre 2014

French carmakers, along with the rest of the European automotive industry, had to cope with a sudden drop in demand triggered by the 2008 crisis. Several European countries, including France, introduced temporary measures, such as scrapping subsidies, to underpin demand and ease the industry's difficulties, thus giving carmakers more time to adapt to new conditions and cope with a crisis that was... Lire la suite

Trésor-Eco

Trésor-Economics No. 137 - An economic perspective on dispute resolution in labour law

Rédigé par : DG Trésor 16 octobre 2014

Seen from an economic perspective, it has been shown that labour market rigidities can adversely impact productivity by reducing companies' capacity to adapt to macroeconomic change. In addition, overly complex and restrictive labour laws can affect employment rates and foster labour market segmentation.In international comparisons, France is characterised by relatively powerful rigidities in the... Lire la suite

Trésor-Eco

Trésor-Economics No. 136 - Argentina, the vultures and the debt

Rédigé par : DG Trésor 30 septembre 2014

Argentina's 2001 default on its sovereign debt was one of the largest in financial history. Its impact on orderly debt restructuring practices persists, particularly as a result of the dispute pitting Argentina against its "holdout" creditors, also known as "vulture funds".The "NML Capital v. Argentina" case has entered its final phase, as the Argentine government filed a petition with the Supreme... Lire la suite