Pourquoi ce renouveau de croissance ?

Département d'économétrie de l'OFCE, Pierre-Alain Muet, Alain Gubian, Véronique Leroux and Gérard Cornilleau ()

Revue de l'OFCE, 1989, vol. 28, issue 1, 71-121

Abstract: [fre] Cet article analyse l'évolution de l'économie française depuis le contre-choc pétrolier. La reprise de la croissance économique, amorcée en 1986, résulte principalement de l'amélioration de l'environnement international due à la baisse du dollar et du prix du pétrole. Cela a permis un assouplissement de la politique économique qui a, ainsi, accompagné la reprise. Au total, environnement international et politique économique expliquent bien les bons résultats enregistrés en 1988 : forte croissance et amélioration notoire de l'emploi, développement rapide de l'investissement, augmentation du pouvoir d'achat des ménages et réduction des déficits publics, sans que la faible inflation se trouve remise en cause. [eng] An analysis of the way the French economy has evolved since 1986 is presented in this article. The recovery of economic growth is due mainly to a more favourable international environment, resulting both in the fall of the dollar and in the decrease in oil prices, which has allowed economic policies to be less restrictive, thereby supporting the recovery. . As a consequence, good performances have been recorded in 1988 : strong economic growth leading to significant job creation, a rapid growth of investments, an increase in households' purchasing power and a reduction in budget deficits, without involving a rise in the moderate inflation rate.

Date: 1989
Note: DOI:10.3406/ofce.1989.1182
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