Guy Abeille
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Guy Abeille
Guy Abeille is a French economist. He is credited with developing the "3% rule" as applied to Government budget balance, government deficit ceiling in France, which was later expanded to the Eurozone. Early life Guy Abeille graduated from ENSAE ParisTech, Ecole Nationale de la Statistique in Paris.3% de déficit : «Le chiffre est né sur un coin de table»
''Le Parisien'', September 28, 2012


Career

Abeille first worked for the Minister of the Economy, Finances and Industry (France), Ministry of Economy and Finance under conservative President Valéry Giscard d'Estaing.Dominique Seux

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ENSAE ParisTech
ENSAE Paris (officially École nationale de la statistique et de l'administration économique Paris) is a university in France, known as Grandes Ecoles and a member of IP Paris (Institut Polytechnique de Paris). ENSAE Paris is known as the specialization school of École Polytechnique for statistics, data science and machine learning. It is one of France's top schools of economics and statistics and is directly attached to France's Institut national de la statistique et des études économiques (INSEE) and the French Ministry of Economy and Finance. History The ENSAE was established in 1942 by the National Statistics Service (ancestor of the INSEE, National Institute of Statistics and Economic Studies) under the name, School of Applied Statistics. In 1946, with the creation of INSEE, the school took the name of INSEE Specialization School. At this time, the school led to two types of administrative career: "administrateur" (the highest managing level of the INSEE administra ...
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Le Monde Diplomatique
''Le Monde diplomatique'' (meaning "The Diplomatic World" in French) is a French monthly newspaper offering analysis and opinion on politics, culture, and current affairs. The publication is owned by Le Monde diplomatique SA, a subsidiary company of ''Le Monde'' which grants it complete editorial autonomy. Worldwide there were 71 editions in 26 other languages (including 38 in print for a total of about 2.2 million copies and 33 electronic editions). History 1954–1989 ''Le Monde diplomatique'' was founded in 1954 by Hubert Beuve-Méry, founder and director of ''Le Monde'', the French newspaper of record. Subtitled the "organ of diplomatic circles and of large international organisations," 5,000 copies were distributed, comprising eight pages, dedicated to foreign policy and geopolitics. Its first editor in chief, François Honti, developed the newspaper as a scholarly reference journal. Honti attentively followed the birth of the Non-Aligned Movement, created out of the 1955 ...
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ENSTA Paris Alumni
The ENSTA Paris, officially École nationale supérieure de techniques avancées ( en, Superior National School of Advanced Techniques) is a prestigious French graduate school of engineering ("''école d'ingénieurs''"). Founded in 1741, it is the oldest "'' grande école''" in France. It is located in Palaiseau in the south of Paris, on the Paris-Saclay campus, and is a constituent faculty of the Polytechnic Institute of Paris. In 2021, 180 engineers graduated from the school. ENSTA Paris affords its students a general training course in engineering. To this end, the school provides high-level scientific and technological training. The teaching is given by research professors with the participation of numerous auxiliary teachers from the economic and industrial world familiar with the latest technical developments in a wide variety of fields. The general nature of the training on offer enables ENSTA graduates to find a career in various sectors such as the automotive or nava ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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European Fiscal Compact
The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union; also referred to as TSCG, or more plainly the Fiscal Stability Treaty is an Enhanced cooperation#Related intergovernmental treaties, intergovernmental treaty introduced as a new stricter version of the Stability and Growth Pact, signed on 2 March 2012 by all member states of the European Union (EU), except the Czech Republic and the United Kingdom. The treaty entered into force on 1 January 2013 for the 16 states which completed ratification prior to this date. As of 3 April 2019, it had been ratified and entered into force for all 25 signatories plus Croatia, which Accession of Croatia to the European Union, acceded to the EU in July 2013, and the Czech Republic. The Fiscal Compact is the fiscal chapter of the Treaty (Title III). It binds 22 member states: the 19 member states of the eurozone, plus Bulgaria, Denmark and Romania, who have chosen to opt in. It is accompanie ...
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Stability And Growth Pact
The Stability and Growth Pact (SGP) is an agreement, among all of the 27 member states of the European Union, to facilitate and maintain the stability of the Economic and Monetary Union (EMU). Based primarily on Articles 121 and 126 of the Treaty on the Functioning of the European Union, it consists of fiscal monitoring of members by the European Commission and the Council of the European Union, and the issuing of a yearly recommendation for policy actions to ensure a full compliance with the SGP also in the medium-term. If a Member State breaches the SGP's outlined maximum limit for government deficit and debt, the surveillance and request for corrective action will intensify through the declaration of an Excessive Deficit Procedure (EDP); and if these corrective actions continue to remain absent after multiple warnings, the Member State can ultimately be issued economic sanctions. The pact was outlined by a resolution and two council regulations in July 1997. The first regulati ...
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Euro
The euro ( symbol: €; code: EUR) is the official currency of 19 out of the member states of the European Union (EU). This group of states is known as the eurozone or, officially, the euro area, and includes about 340 million citizens . The euro is divided into 100 cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. As of 2013, the euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. , with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in c ...
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Maastricht Criteria
The euro convergence criteria (also known as the Maastricht criteria) are the criteria which European Union member states are required to meet to enter the third stage of the Economic and Monetary Union (EMU) and adopt the euro as their currency. The four main criteria, which actually comprise five criteria as the "fiscal criterion" consists of both a "debt criterion" and a "deficit criterion", are based on Article 140 (ex article 121.1) of the Treaty on the Functioning of the European Union. Full EMU membership is only open to EU member states. However, the European microstates of Andorra, Monaco, San Marino and the Vatican City, which are not members of the EU, have signed monetary agreements with the EU which allow them officially to adopt the euro and issue their own variant of euro coins. These states had all previously used one of the eurozone currencies replaced by the euro, or a currency pegged to one of them. These states are not members of the eurozone and do not ge ...
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Gross Domestic Product
Gross domestic product (GDP) is a money, monetary Measurement in economics, measure of the market value of all the final goods and services produced and sold (not resold) in a specific time period by countries. Due to its complex and subjective nature this measure is often revised before being considered a reliable indicator. List of countries by GDP (nominal) per capita, GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation, inflation rates of the countries; therefore, using a basis of List of countries by GDP (PPP) per capita, GDP per capita at purchasing power parity (PPP) may be more useful when comparing standard of living, living standards between nations, while nominal GDP is more useful comparing national economies on the international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. The ratio of GDP to the total population of the region is the GDP per capita, p ...
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Pierre Biger
Pierre is a masculine given name. It is a French form of the name Peter. Pierre originally meant "rock" or "stone" in French (derived from the Greek word πέτρος (''petros'') meaning "stone, rock", via Latin "petra"). It is a translation of Aramaic כיפא (''Kefa),'' the nickname Jesus gave to apostle Simon Bar-Jona, referred in English as Saint Peter. Pierre is also found as a surname. People with the given name * Abbé Pierre, Henri Marie Joseph Grouès (1912–2007), French Catholic priest who founded the Emmaus Movement * Monsieur Pierre, Pierre Jean Philippe Zurcher-Margolle (c. 1890–1963), French ballroom dancer and dance teacher * Pierre (footballer), Lucas Pierre Santos Oliveira (born 1982), Brazilian footballer * Pierre, Baron of Beauvau (c. 1380–1453) * Pierre, Duke of Penthièvre (1845–1919) * Pierre, marquis de Fayet (died 1737), French naval commander and Governor General of Saint-Domingue * Prince Pierre, Duke of Valentinois (1895–1964), fath ...
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Government Budget Balance
The government budget balance, also alternatively referred to as general government balance, public budget balance, or public fiscal balance, is the overall difference between government revenues and spending. A positive balance is called a ''government budget surplus'', and a negative balance is a ''government budget deficit''. A government budget is a financial statement presenting the government's proposed revenues and spending for a financial year. A budget is prepared for each level of government (from national to local) and takes into account public social security obligations. The government budget balance can be broken down into the ''primary balance'' and interest payments on accumulated government debt; the two together give the budget balance. Furthermore, the budget balance can be broken down into the ''structural balance'' (also known as ''cyclically-adjusted balance'') and the cyclical component: the structural budget balance attempts to adjust for the impact of ...
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