France : Selected Issues Paper

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

August 5, 2013

Electronic Access:

Free Full Text (PDF file size is 1874 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper examines external developments and competitiveness in France. Over the past decade, the current account has deteriorated from a surplus of 1.2 percent of GDP in 2002 to a deficit of about 2.3 percent in 2012, as France lost ground in goods trade and services recorded just a slight increase in global market shares. The slight improvement of the trade deficit seen in 2012 may suggest a change in trend, although it is still too early to determine. Past deterioration in export performance points to competitiveness weaknesses, rooted in significant rigidities in labor and product markets.

Series:

Country Report No. 13/252

Subject:

English

Publication Date:

August 5, 2013

ISBN/ISSN:

9781484389133/1934-7685

Stock No:

1FRAEA2013010

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

84

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