Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

To rebuild fiscal buffers after large fiscal responses to successive shocks over 2020-22, France will need to reverse the trend spending increase observed over the last three decades through structural spending reforms. This paper identifies areas where scope for savings or efficiency gains exist based on an evaluation of the level and efficiency of public spending in France relative to European peers, using benchmarking analysis and stochastic frontier analysis to derive efficiency frontiers. Reforming social protection, health, education, and civil service, and rationalizing tax expenditures should preserve or improve outcomes while generating savings that would help meet medium-term adjustment needs.

Money and Monetary Policy --- International Economics --- Budgeting --- Public Finance --- Demography --- Monetary Policy --- International Agreements and Observance --- International Organizations --- Fiscal Policy --- National Government Expenditures and Health --- National Government Expenditures and Education --- National Government Expenditures and Welfare Programs --- Social Security and Public Pensions --- State and Local Government --- Intergovernmental Relations: General --- State and Local Budget and Expenditures --- State and Local Government: Health, Education, and Welfare --- State and Local Government: Other Expenditure Categories --- Taxation, Subsidies, and Revenues: Other Sources of Revenue --- National Government Expenditures and Related Policies: General --- Education: General --- Health: General --- Economics of the Elderly --- Economics of the Handicapped --- Non-labor Market Discrimination --- Monetary economics --- International institutions --- Budgeting & financial management --- Public finance & taxation --- Education --- Health economics --- Population & demography --- Monetary policy --- International organization --- Tax expenditures --- Public financial management (PFM) --- Expenditure --- Health --- Aging --- Population and demographics --- International agencies --- Budget --- Expenditures, Public --- Population aging --- France