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The French Pension Reform

Once more, the French people take to the streets, this time in an expression of visceral discontent over Macron's new pension reform. Under the new policy, the pension age was raised from 62 to 64, serving as another blow to France's generous welfare state. However, given rising life expectancy and decreasing fertility rate, Macron views this as the only mechanism to stabilise the fiscal budget. Read this policy brief, by Aniket Godble, to discover what this monumental reformation may mean for the political and economic climate within France.

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