Report
Patrick Artus

France does not need more public spending, except in the area of education

Everybody is now aware of the shortcomings of the healthcare system, the education system and the employment support system in France. There will be a temptation and a demand to spend more public money in these areas, especially after the coronavirus crisis. But a comparison of OECD countries shows that the level of public spending in France is not the explanatory factor for these shortcomings in healthcare and employment. The organisation of healthcare and employment policies should therefore be reconsidered before simply increasing public spending. In contrast, there is a significant positive correlation between total public spending on education and the performance of the education system.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

ResearchPool Subscriptions

Get the most out of your insights

Get in touch