What Ails France? is a provocative but constructive critique of the French model of technocratic, elite leadership. Brigitte Granville applies an economist's vision to the monetary and fiscal pathologies flowing from this ideologically motivated technocratic rule, reflected in Europe's flawed monetary union, runaway indebtedness, and chronically high structural unemployment.
The book presents a compelling defense of macroeconomic strategies that effectively combat inflation through sound monetary policy and inflation targeting. Granville highlights the success of these approaches in maintaining low inflation expectations but cautions against overburdening monetary policy, which could jeopardize its credibility. This fresh perspective offers valuable insights into the dynamics of inflation and the importance of maintaining a balanced approach in economic policy.
This volume offers a multi-author survey and analysis of economic developments in the Russian Federation since the collapse of Communism and the break-up of the Soviet Union in 1989-91. It covers the period 1991--98 and in some areas extends to 1999-2000.