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Les stratégies financières de crise

Pierre Garello () and Antoine Gentier

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Abstract: A financial strategy must result in the meeting of an offer with a demand for funds by specifying the specific conditions of this exchange and we should naturally expect that times of crisis will see the emergence of specific strategies. To assess the relevance of these strategies, we recall the principles for a sound financing, emphasizing the importance of the quality of information available. Secondly, we look at the role that the State can play in terms of financing (sections 2 and 3). Finally, in order to correctly compare the different strategies, it is essential to take into account the benefits but also the costs - direct but, more importantly, indirect - of these strategies (section 4). Taking all these parameters into account leads us to the greatest skepticism regarding the strategies that have had the preferences of many States since the onset of the crisis of 2020.

Date: 2021-05
Note: View the original document on HAL open archive server: https://amu.hal.science/hal-03542970
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Published in G&FP - Gestion & finances publiques : la revue, 2021, 3, pp.36-42. ⟨10.3166/gfp.2021.3.005⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-03542970

DOI: 10.3166/gfp.2021.3.005

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