France : Staff Report for the 2014 Article IV Consultation

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

July 3, 2014

Electronic Access:

Free Full Text (PDF file size is 1952 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2014 Article IV Consultation highlights that the economy of France fared better than most other large euro areas economies through the crisis, reflecting the resilience of private consumption, lack of financial fragmentation, and lower levels of household and corporate debt. Banks’ financial position has also been strengthened. But after two years of near stagnation, unemployment remains high. A loss of competitiveness has also weighed on growth. The outlook is for a gradual recovery, with GDP growth projected at 0.7 percent in 2014 and 1.4 percent in 2015, based on stronger external and domestic private demand, reflecting gains in real disposable income and improved profit margins.

Series:

Country Report No. 14/182

Subject:

English

Publication Date:

July 3, 2014

ISBN/ISSN:

9781498328760/1934-7685

Stock No:

1FRAEA2014001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

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