Budget and Finance
Budgeting and taxation are key instruments for implementing government policies. Budgeting and taxation are key tools for regulating economic conditions. In fact, they are often at the heart of debates, both in periods of growth and crisis. All the analyses of our contributing economists can be found below.

BFM Business – Anthony Morlet Lavidalie on the macroeconomic situation in France (Interview).
Appearance by Anthony Morlet Lavidalie, Secretary General of BSI Economics, on the Good Morning Market program on BFM Business on October 17, 2025. Interviewed by

El Pais – Victor Lequillerier and Anthony Morlet Lavidalie on France’s economic situation (Interview).
Double quote from BSI Economics economists Victor Lequillerier and Anthony Morlet Lavidalie in an article by journalist Raquel Villaécija in the Spanish media outlet El Pais on October 18, 2025. In this report on France’s economic situation, the two economists focus specifically on budgetary difficulties and the government’s room for maneuver in attempting to restore

Rethinking the tax system based on efficiency criteria: a comparison between France and Switzerland (Front Economique)
Launched in October 2024 on the initiative of Medef, the Economic Front brings together economists, academics, business leaders, and think tanks to formulate concrete responses to the structural challenges facing the French economy. The published contributions follow a consistent format to facilitate reading and comparison: factual observations, operational proposals, and a brief perspective from the

Killer Chart: French debt in investors’ sights
This note proposes to decipher a striking chart related to current economic events. This Killer Chart highlights the unfavorable trend

The New European Consensus and France’s setback – Economic Front (Opinion piece)
BSI Economics participated in discussions held by the Economic Front, an initiative launched in October 2024 by MEDEF (Mouvement des

Les Echos – The ECB retains leverage despite pausing rate cuts (Opinion piece)
Hervé Amourda, head of research at Finance Pro Btp and member of the strategic committee at BSI Economics, and economist

Killer Chart: warning about the structure of public debt in the United States
This short note aims to decipher a striking chart related to current economic events. At a time when Moody’s is

Killer Chart: False alarm on the US bond market, but threats persist
Donald Trump’s announcement on April 2, 2025, that he would raise tariffs caused stock markets around the world to plummet.
