At the end of the current five-year presidential term and the “Trente-Six Dispendieuses” (36 years of uninterrupted deficits from 1981 to 2017) far-r… - Éric Pichet
" "At the end of the current five-year presidential term and the “Trente-Six Dispendieuses” (36 years of uninterrupted deficits from 1981 to 2017) far-reaching public expenditure reforms will be required. These will be all the more painful as they are far too late.
English
Collect this quote
About Éric Pichet
Éric Pichet (born in 1960) is a French Business School professor specialising in market finance, monetary economics, fiscal economics, corporate governance and public sector governance.
Also Known As
Alternative Names:
Eric Pichet
Related quotes. More quotes will automatically load as you scroll down, or you can use the load more buttons.
Additional quotes by Éric Pichet
La trajectoire des finances publiques de 2014 à 2017 : impuissance du droit et vérité des comptes Article in Revue de Droit Fiscal n48 (2014).
Thirty years of lax budget policy (the Trente Dispendieuses) marked by soaring public spending in the 1980’s, the happy-go-lucky attitude of the 1990’s and finally, a policy of procrastination in the 2000’s characterised by the development of creative budgetary marketing strategies exclusively destined to delay the (always) socially and politically painful moment of addressing the accounts.
Works in ChatGPT, Claude, or Any AI
Add semantic quote search to your AI assistant via MCP. One command setup.
Common wisdom holds that the most complicated thing in the universe (asides fom the universe itself) is the human brain. In actual fact, however, other objects are even more complex – starting with human society, especially today’s hypermodern society, a product of thousands and even billions of human brains; not to forget globalisation and the Internet.
Loading...