6 avril 2021
https://creativecommons.org/licenses/by/4.0/ , info:eu-repo/semantics/openAccess
Mathieu Plane et al., « 2. Public Investment and Capital in France », Open Book Publishers, ID : 10670/1.laxmdr
Introduction Public investment in France has seen contrasting trends in recent decades. While it was rather dynamic until the late 2000s, a real inflection took place at the turn of 2010, when the fiscal stance changed, and a substantial part of the adjustment was achieved by reducing capital expenditure. Indeed, the reduction of public investment has contributed to 30 % of fiscal consolidation even though investment only represented 6 % of public expenditure. The share of public investment o...