How General de Gaulle restored French public finances in 1958

2024-10-11 08:30:00

“THEThis government was formed not to implement a certain policy, but to re-establish the conditions necessary for the very existence of the country. » An excerpt from Michel Barnier’s general policy statement? At all. But the extract of a note, entitled “Elements for a program of economic and financial renewal”, which Jacques Rueff delivered on 10 June 1958 to Antoine Pinay, the new Finance Minister appointed by General de Gaulle after his arrival in Matignon later to the crisis of May 13th. The program is full: the fate of Algeria to be resolved, the restoration of parliamentary democracy, but also and above all the end of the total upheaval of macroeconomic balances

Mutatis mutandis, the current government finds itself confronted, like France and…

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