⚠️Automatic translation pending review by an economist.
As part of our partnership with Forbes magazine, read an opinion piece by Adrien Tenne, economist at BSI Economics, on the economic outlook for declining public spending:
Summary: France remains a country where public spending plays a predominant role. France’s public spending reached 56.4% of GDP in 2017, the highest ratio in the European Union. Beyond the scope effects—related to what public spending covers, particularly in health and pensions, which may differ between countries—which may lead to this statement being put into perspective to a certain extent, it must be noted that this high level of public spending raises some fundamental questions.