To improve its economy, France must spend more public money on training and education and reduce the corporate tax burden: How can this be financed?

The situation of the French economy will improve sustainably only if the employment rate rises significantly . A comparison with OECD countries shows that this increase in the employment rate will require an improvement in labour fo rce skills and a reduction in the weight of corporate social contributions. If France has to spend more public money on training and education and reduce the corporate tax burden , how will it finance such a policy ? The most logical and efficient solution seems to be to reduce public pension spending by raising the retirement age . Reducing the level of pensions, in particular by not indexing them to inflation, is not a sustainable solution in the long term as it would lead to the impoverishment of older pensioners.