Making Fiscal Space Policy-responsive
How can fiscal rules reward policies that strengthen growth and resilience instead of penalising them?
Launched in 2023 with EMPN’s support, the Institut Avant-Garde (IAG) has quickly established itself as a respected voice in France’s macroeconomic debates, working on fiscal policy, climate debt, and industrial policy.
It brings a multidisciplinary approach, combining heterodox economic thinking with high-level policy influence in Paris. The Institute frequently publishes in leading outlets such as Le Monde, Les Echos, and Alternatives Economiques. Finally, they have built a scientific council of leading French academics.
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How can fiscal rules reward policies that strengthen growth and resilience instead of penalising them?
Can France rein in its deficit after years of tax cuts, energy subsidies, and political instability?
Can Europe turn fragmented subsidies into a real green industrial strategy?
Dunkirk’s ProLogium project illustrates how Europe can spend smarter — linking subsidies to innovation, sovereignty, and measurable outcomes.
Can France’s softer fiscal path reconcile growth, debt stability, and Europe’s new rules?
Neither austerity nor unchecked borrowing can make the transition sustainable. Balance is the only path.
Can Europe’s public banks move from correcting markets to creating them?
Fifty instruments, one challenge: financing Europe’s next economic model.
Greening monetary policy requires democratic legitimacy as much as technical innovation.
Can Europe give climate goals the same force as fiscal rules?