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The French economy weathered global crisis better than most of its peers. The authorities have taken important policy actions to stabilize the financial system and have implemented suitable fiscal stimulus to cushion the downturn. Executive Directors welcomed the policy, which aims to strengthen...
Persistent link: https://www.econbiz.de/10014403259
This paper presents an overview of the different methodologies that can be used to measure the amount of available slack in an economy. A comparison of these alternatives reveals that the evolution of the Nairu is crucial for understanding recent cyclical developments in the French economy. A...
Persistent link: https://www.econbiz.de/10014403325
competitiveness, and also examines the labor market dynamics and economic policy of France …
Persistent link: https://www.econbiz.de/10014397972
This Selected Issues paper analyzes developments and issues in banking and financial markets in France. The paper … sequencing of financial sector modernization. The analysis concludes that, on balance, France has successfully modernized its …
Persistent link: https://www.econbiz.de/10014397996
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014398170
This note estimates potential output for France during 1980–2010, using three distinct approaches, and discusses long …
Persistent link: https://www.econbiz.de/10014398380
assessment of France’s long-term fiscal position. The generational accounting framework is outlined, followed by a discussion of … its major limitations. The specific case of France, including the construction of the accounts, a discussion of key … parameters used, and the main findings are presented. The paper places France’s generational policy in an international …
Persistent link: https://www.econbiz.de/10014398399
Domestic demand is expected to remain the engine of growth in France, with net exports playing a minor role in the near … consolidation targets set out in France’s Stability Program and the multiyear budget framework strike the right balance between …
Persistent link: https://www.econbiz.de/10014398450
This 1999 Article IV Consultation highlights that the economic recovery in France—which began hesitantly in the mid …
Persistent link: https://www.econbiz.de/10014398494
France’s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high …
Persistent link: https://www.econbiz.de/10014404839