Will the stimulus plan “save” the French economy? Two economists answer

INTERVIEW – Mathieu Plane, economist at OFCE, believes in particular that this plan is not focused enough on the short term. Nicolas Bouzou, founder of the Asterès firm, on the contrary welcomes its structural dimension.

Mathieu Plane (on the left) is an economist at the OFCE, Nicolas Bouzou (on the right) is the founder of the Asterès cabinet.
Mathieu Plane (on the left) is an economist at the OFCE, Nicolas Bouzou (on the right) is the founder of the Asterès cabinet. Editing Le Figaro.

100 billion euros. This is the amount released by the government to revive the French economy. “100 billion is considerable, it is almost four times more than the stimulus plan of 2008. It is, in share of national wealth, the most massive stimulus plan announced to date among European countries “, explained the Prime Minister, Jean Castex, in the columns of Figaro.

Mathieu Plane, economist at the French Observatory of Economic Conjunctures (considered Keynesian), and Nicolas Bouzou, liberal economist and founder of the Asterès consulting firm, answered questions from Figaro.

LE FIGARO. – What do you think of this plan? Is the government’s strategy going in the right direction?

Mathieu Plane. – In a good way, yes. There is the awareness of a serious crisis. The government deploys extraordinary means, which arrive after emergency measures. 100 billion euros is a lot. The downside is that it looks more like an investment plan

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