France: Selected Issues

January 7, 1999

Preview Citation

Format: Chicago

France: Selected Issues, (USA: International Monetary Fund, 1999) accessed December 11, 2024

Summary

This Selected Issues paper addresses the question of what policy changes in France are needed under European Monetary Union (EMU), as regards the role of fiscal policy in stabilizing the economy. The fiscal strategy over the past two and a half decades is reviewed, and, against this background, an assessment is offered concerning the role and scope of fiscal stabilizers in France under EMU. The main conclusions is that over the past two and a half decades, fiscal policy operated in a clear countercyclical way in France, but this reflected essentially the functioning of automatic stabilizers.

Subject: Employment, Fiscal policy, Labor, Minimum wages, Unemployment, Wages

Keywords: CR, Deficit, Deficit limit, Employment, Employment effect, Europe, Government, Government deficit, ISCR, Minimum wages, Real GDP, Unemployment, Wages, Week, Week initiative

Publication Details

Pages:

92
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1998/132
Stock No:

1FRAEA0021998
ISBN:

9781451813494
ISSN:

1934-7685

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