OECD Economic Surveys: France 2009: (Complete Edition - ISBN 9789264054318)

Source: OECD Economic Surveys, Volume 2009, Number 5, April 2009 , pp. i-135(136)

Publisher: OECD - Organisation for Economic Co-operation and Development

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Abstract:

The French economy has not escaped the severe recession gripping all developed countries, but it should be less deep than elsewhere due to powerful automatic stabilisers. Nevertheless, the crisis will leave public finances in a serious condition. This 2009 edition of OECD's periodic survey of the French economy includes chapters covering coping with recession, labour market reforms, restoring French competitiveness, and strengthening competition.

Executive Summary

Assesssment and Recommendations

Chapter 1. Coping with Recession and Preserving Fiscal Sustainability

-The effects of the financial and economic crisis and the authorities' response

-The outlook for 2009 and 2010

-Returning public finances quickly to a more sustainable path

Chapter 2. Progress in Labour Market and Other Reforms

-Improving the functioning of the labour market to combat poverty and social exclusion

-Raising employment rates for seniors ina context of demographic ageing

-Protecting the environment and promoting sustainable development

Chapter 3. The Challenge of Restoring French Competitiveness

-The scope and characterisation of the competititveness problem