Must read articles

France
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Investment Talks 21.06.2022 French elections results open a phase of political gridlock

The fragmentation of votes into irreconcilable political blocs with no absolute majority creates a political situation unprecedented under the Fifth Republic.

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Monthly Cross Asset 6.05.2022 French presidential election: Macron’s victory provides continuity but lacks political support

The incumbent president’s re-election avoids an unpredictable political phase for France.

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Investment Talks 26.04.2022 Macron's re-election is positive for French assets

Understanding the outcome, policy and investment implications of the second-round of French presidential elections.

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Investment Talks 12.04.2022 French election: markets complacent for Macron victory, but game is not yet won

Update on the first round of the 2022 French Presidential elections

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Monthly Cross Asset 5.04.2022 French elections: let the race begin

The French 2022 election cycle is starting in the context of the war in Ukraine which favours to the incumbent president.

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RC - 2022.04 - Cross asset
Monthly Cross Asset 5.04.2022 Macron’s 2017-2022 economic policies: predominantly supply-side, before Covid shifted the priority to fiscal support

The first half of Emmanuel Macron’s term (from H2 2017 to the Covid outbreak, in Q1 2020) featured a significant number of “structural” or “supply-side” reforms, of the type generally considered favourable to long-term growth.

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Monthly Cross Asset 2.10.2020 Is France still on track to reduce its competitiveness gap vs. Germany?
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Is France still on track to reduce its competitiveness gap vs. Germany?

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Thematic Paper 26.09.2019 French pension reform (an update)
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In the previous paper “The French pension reform; a Trojan horse for a better control of the state budget”, the many difficulties that the reform had to overcome were listed. At the present time of the publication of Jean-Paul Delevoye’s report, these one haven’t faded away.

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Thematic Paper 25.07.2019 France: the reform momentum stays alive after the Yellow Vest crisis
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During the first 18 months of his presidential term, Emmanuel Macron has put through a highly ambitious set of reforms inspired by supply-side economics and the Nordic flexicurity model. While the biggest accomplishments have been in taxation and the job market, the goods and services markets and social benefits programmes have also been addressed.

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