{"id":22672,"date":"2026-06-02T23:56:35","date_gmt":"2026-06-03T03:56:35","guid":{"rendered":"https:\/\/irpp.org\/macroeconomic-policy-crossroads\/"},"modified":"2026-08-05T10:33:12","modified_gmt":"2026-08-05T14:33:12","slug":"politiques-macroeconomiques-croisee-des-chemins","status":"publish","type":"page","link":"https:\/\/irpp.org\/fr\/politiques-macroeconomiques-croisee-des-chemins\/","title":{"rendered":"Les politiques macro\u00e9conomiques \u00e0 la crois\u00e9e des chemins"},"content":{"rendered":"<div data-elementor-type=\"wp-page\" data-elementor-id=\"22672\" class=\"elementor elementor-22672\" data-elementor-post-type=\"page\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8ef3e7b e-con-full e-flex e-con e-parent\" data-id=\"8ef3e7b\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9825e70 elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-heading\" data-id=\"9825e70\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Les politiques macro\u00e9conomiques \u00e0 la crois\u00e9e des chemins<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22e712c elementor-widget__width-initial elementor-widget-mobile__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"22e712c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Les politiques macro\u00e9conomiques du Canada atteignent-elles leurs objectifs ? Dans cette s\u00e9rie de l\u2019IRPP, William White examine les orientations politiques traditionnelles du Canada face aux nouveaux d\u00e9fis.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-98f61a7 e-flex e-con-boxed e-con e-parent\" data-id=\"98f61a7\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-789b3aa elementor-widget elementor-widget-spacer\" data-id=\"789b3aa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-471b695 elementor-widget elementor-widget-text-editor\" data-id=\"471b695\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Alors que le Canada est confront\u00e9 \u00e0 de puissants vents contraires sur le plan \u00e9conomique (perturbations commerciales, changements climatiques, intelligence artificielle, etc.), il est essentiel d\u2019examiner si nos politiques macro\u00e9conomiques sont adapt\u00e9es \u00e0 leurs objectifs. Le <a href=\"https:\/\/www.banqueducanada.ca\/grandes-fonctions\/politique-monetaire\/renouvellement-cadre-conduite-politique-monetaire\/?page_moved=1&amp;theme_mode=light&amp;_gl=1*p4gw17*_ga*MjAzMTQyNzEyNS4xNzc4NTI0NDQz*_ga_D0WRRH3RZH*czE3Nzk3MzYzMDYkbzIkZzEkdDE3Nzk3MzY0MjUkajYwJGwwJGgw\">renouvellement du cadre de politique mon\u00e9taire du Canada de 2026<\/a> offre l\u2019occasion de repenser des approches politiques \u00e9tablies de longue date qui ne servent peut-\u00eatre plus au mieux les int\u00e9r\u00eats du pays.<\/p><p>Afin d\u2019apporter un regard neuf sur la question, l\u2019IRPP a invit\u00e9 William White \u00e0 r\u00e9diger une s\u00e9rie de commentaires. Expert de renom en macro\u00e9conomie mondiale, M. White s\u2019appuie sur ses travaux de recherche et sur plusieurs d\u00e9cennies d\u2019exp\u00e9rience acquise \u00e0 la Banque du Canada, \u00e0 la Banque d\u2019Angleterre, \u00e0 la Banque des r\u00e8glements internationaux et \u00e0 l\u2019Organisation de coop\u00e9ration et de d\u00e9veloppement \u00e9conomiques (OCDE).<\/p><p>M. White a \u00e9t\u00e9 l\u2019un des rares \u00e9conomistes \u00e0 avoir anticip\u00e9 la crise financi\u00e8re de 2007-2009. Pendant la pand\u00e9mie de COVID-19, il a mis en garde contre le risque que des mesures de relance budg\u00e9taire et mon\u00e9taire massives entra\u00eenent d\u2019abord une forte hausse de l\u2019inflation, puis des hausses importantes des taux directeurs. Ses travaux r\u00e9cents portent principalement sur la transition entre l\u2019\u00e8re d\u2019abondance qui a caract\u00e9ris\u00e9 les trois derni\u00e8res d\u00e9cennies et l\u2019\u00e8re de p\u00e9nurie qui s\u2019annonce dans les ann\u00e9es 2020.<\/p><p>Au fil de trois commentaires de cette s\u00e9rie de l\u2019IRPP, M. White analysera les enjeux de la politique macro\u00e9conomique canadienne dans le contexte plus large des principaux d\u00e9fis auxquels sont confront\u00e9s les d\u00e9cideurs et les r\u00e9gulateurs des \u00e9conomies avanc\u00e9es.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f78de30 elementor-widget elementor-widget-spacer\" data-id=\"f78de30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7b340f8 e-flex e-con-boxed e-con e-parent\" data-id=\"7b340f8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-3fe2be4 elementor-widget elementor-widget-heading\" data-id=\"3fe2be4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Commentaires<\/h2>\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ce0b06a e-grid e-con-full e-con e-child\" data-id=\"ce0b06a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-308652c elementor-position-top elementor-widget elementor-widget-image-box\" data-id=\"308652c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><a href=\"https:\/\/irpp.org\/fr\/research-studies\/repenser-ciblage-inflation\/\" tabindex=\"-1\"><img fetchpriority=\"high\" decoding=\"async\" width=\"2048\" height=\"1015\" src=\"https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/BillWhitePaper1_FINALfinalversion-2048x1015.png\" class=\"attachment-2048x2048 size-2048x2048 wp-image-22210\" alt=\"\" srcset=\"https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/BillWhitePaper1_FINALfinalversion-2048x1015.png 2048w, https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/BillWhitePaper1_FINALfinalversion-300x149.png 300w, https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/BillWhitePaper1_FINALfinalversion-1024x507.png 1024w, https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/BillWhitePaper1_FINALfinalversion-768x381.png 768w, https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/BillWhitePaper1_FINALfinalversion-1536x761.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/a><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\"><a href=\"https:\/\/irpp.org\/fr\/research-studies\/repenser-ciblage-inflation\/\">Repenser le ciblage de l\u2019inflation<\/a><\/h3><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fb8409f e-flex e-con-boxed e-con e-parent\" data-id=\"fb8409f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b3a10ad elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"b3a10ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1887054 elementor-widget elementor-widget-heading\" data-id=\"1887054\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Auteur<\/h2>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ecebce3 e-flex e-con-boxed e-con e-parent\" data-id=\"ecebce3\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4f47040 elementor-position-left elementor-vertical-align-top elementor-widget elementor-widget-image-box\" data-id=\"4f47040\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image-box.default\">\n\t\t\t\t\t<div class=\"elementor-image-box-wrapper\"><figure class=\"elementor-image-box-img\"><img decoding=\"async\" width=\"500\" height=\"500\" src=\"https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/William-R.-White.jpg\" class=\"attachment-full size-full wp-image-22159\" alt=\"\" srcset=\"https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/William-R.-White.jpg 500w, https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/William-R.-White-300x300.jpg 300w, https:\/\/irpp.org\/wp-content\/uploads\/2026\/06\/William-R.-White-150x150.jpg 150w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/figure><div class=\"elementor-image-box-content\"><h3 class=\"elementor-image-box-title\">William R. White<\/h3><p class=\"elementor-image-box-description\">William (Bill) White a \u00e9t\u00e9 sous-gouverneur de la Banque du Canada (de 1988 \u00e0 1994), puis conseiller \u00e9conomique aupr\u00e8s de la Banque des r\u00e8glements internationaux \u00e0 B\u00e2le (de 1994 \u00e0 2008). Il a pr\u00e9sid\u00e9 le Comit\u00e9 d\u2019examen des questions \u00e9conomiques et de d\u00e9veloppement de l\u2019OCDE \u00e0 Paris (de 2009 \u00e0 2018). Il a \u00e9galement \u00e9t\u00e9 membre du comit\u00e9 Issing (de 2008 \u00e0 2012), charg\u00e9 de conseiller la chanceli\u00e8re allemande sur les questions relatives au G20, et a si\u00e9g\u00e9 au conseil consultatif de l\u2019INET et du Cato Institute (Washington), entre autres. Il est actuellement chercheur principal \u00e0 l\u2019Institut C. D. Howe de Toronto. Il si\u00e8ge \u00e9galement aux conseils consultatifs du Council on Economic Policies (Zurich), de l\u2019OMFIF (Londres) et de MNI-Contact (Londres). Les recherches de M. White portent principalement sur les questions li\u00e9es \u00e0 la stabilit\u00e9 mon\u00e9taire et financi\u00e8re. Son site Web est www.williamwhite.ca.<\/p><\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Les politiques macro\u00e9conomiques \u00e0 la crois\u00e9e des chemins Les politiques macro\u00e9conomiques du Canada atteignent-elles leurs objectifs ? Dans cette s\u00e9rie de l\u2019IRPP, William White examine les orientations politiques traditionnelles du Canada face aux nouveaux d\u00e9fis. Alors que le Canada est confront\u00e9 \u00e0 de puissants vents contraires sur le plan \u00e9conomique (perturbations commerciales, changements climatiques, intelligence [&hellip;]<\/p>\n","protected":false},"author":865,"featured_media":22167,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"content-type":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-22672","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/irpp.org\/fr\/politiques-macroeconomiques-croisee-des-chemins\/\" \/>\n<meta property=\"og:locale\" content=\"fr_FR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Les politiques macro\u00e9conomiques \u00e0 la crois\u00e9e des chemins - IRPP\" \/>\n<meta property=\"og:description\" content=\"Les politiques macro\u00e9conomiques \u00e0 la crois\u00e9e des chemins Les politiques macro\u00e9conomiques du Canada atteignent-elles leurs objectifs ? 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