France : Staff Report for the 1999 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

October 28, 1999

Electronic Access:

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Summary:

This 1999 Article IV Consultation highlights that the economic recovery in France—which began hesitantly in the mid-1990s—strengthened in the first half of 1998 when internal demand became the driving force in a setting of price stability, strong competitiveness, and falling interest rates. By summer 1998, though, a weaker external environment in the wake of the emerging market crises had started to dampen the upswing. Activity softened as business confidence deteriorated and excessive inventories were worked out. Nonetheless, GDP growth for the year was still the fastest in the decade.

Series:

Country Report No. 99/127

Subject:

Notes:

Included with the Staff Report is the text of Public Information Notice No. 99/100--IMF Concludes Article IV Consultation with France.

English

Publication Date:

October 28, 1999

ISBN/ISSN:

9781451813418/1934-7685

Stock No:

1FRAEA0011999

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

57

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