France: 2012 Article IV Consultation
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Summary:
The 2012 Article IV Consultation with France discusses the financial and economic conditions of the country. Although France weathered the 2008 financial and subsequent euro area crises relatively well compared with other advanced countries, its recovery has been sluggish. France has become a less open economy and reported a steady loss of export market share relative to its European peers. The current challenge for France is to pursue fiscal policy consolidation that balances cyclical considerations with the need to preserve market confidence in French policies and in the euro area crisis resolution strategy.
Series:
Country Report No. 2012/342
Subject:
Banking Expenditure Financial institutions Fiscal consolidation Labor Labor costs Labor markets Loans Social security contributions
English
Publication Date:
December 21, 2012
ISBN/ISSN:
9781475542004/1934-7685
Stock No:
1FRAEA2012002
Pages:
65
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