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Inequality and the Macron Commission

Just as the pandemic was gathering pace in early 2020, French President Emmanuel Macron set up an international commission of economists to assess longer-term challenges and make policy proposals. While some of the recommendations are specific to France, many (if not most) are relevant to other advanced economies as well.

CAMBRIDGE – The advanced economies will bounce back more quickly from the COVID-19 pandemic than low-income countries. Still, they face an important and interconnected set of challenges in the years ahead: climate change, inequality, new technologies, demographic aging, and immigration. Business as usual will not do in any of these areas, and new approaches are required in each.