Xavier Ragot
Xavier Ragot is a prominent French economist and the president of the Observatoire français des conjonctures économiques (OFCE). He is known for his expertise in macroeconomic analysis and public finance, often providing insights on the implications of fiscal policies and national debt. Recently, he has been in the news for discussing the relationship between France's national debt and its GDP, emphasizing that a growing economy can sustain a higher level of debt, thereby offering a nuanced perspective on the fiscal policies of President Emmanuel Macron.
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Spain:
Xavier Ragot explained that the political crisis is generating uncertainty in the economy.
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France:
Xavier Ragot observes that a country with a larger GDP can afford a bigger debt.
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