France: 2013 Article IV Consultation

August 5, 2013

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France: 2013 Article IV Consultation, (USA: International Monetary Fund, 2013) accessed September 27, 2024

Summary

This 2013 Article IV Consultation highlights that in a context of weakening economic conditions in Europe and sizeable fiscal consolidation and domestic policy uncertainty, the French economy flat lined in 2012. However, recent improvements in economic indicators support the expectation of a gradual recovery in the second half of 2013. Credit conditions remain supportive, and private demand is unencumbered by balance sheet repair issues and thus more apt to respond favorably to an improvement in confidence. The economy is projected to contract by 0.2 percent in 2013 and to grow by 0.8 percent in 2014.

Subject: Expenditure, Financial institutions, International organization, Labor, Monetary policy

Keywords: Europe, General government balance, Global, Government projection, Insurance, Labor markets, Loans, Policy uncertainty, Potential GDP, Securities, Structural adjustment, Supervisory authorities

Publication Details

Pages:

90
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/251
Stock No:

1FRAEA2013009
ISBN:

9781475571868
ISSN:

1934-7685

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