Let’s keep our head on: second thoughts on France‘s recovery plan
After using the lever of monetary policy, states have committed tax and budget policies to support the economy. This convergence of policies is a first in economic history. As a global company, we see that all plans bring together three types of elements, the three "R": Remediation (plans of emergency), Resistance, Reforms. Let’s have a look at what Resistance and Reforms mean now. "Resistance" The key word here is "acceleration". For private companies, "time to market...