France : Selected Issues Paper

Author/Editor:

International Monetary Fund

Publication Date:

July 27, 2011

Electronic Access:

Free Full text (PDF file size is 989 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This note estimates potential output for France during 1980–2010, using three distinct approaches, and discusses long-term growth prospects. The focus on capital taxation highlights the need for a broader reform of the French tax system to address the features that hamper job growth, investment, and productivity growth. This paper analyzes the impact of Basel III capital requirements on French banks and the French economy, and proposes policy recommendations. French banks should be able to meet the new requirements through earnings retention.

Series:

Country Report No. 11/212

Subject:

English

Publication Date:

July 27, 2011

ISBN/ISSN:

9781462338528/1934-7685

Stock No:

1FRAEA2011002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

60

Please address any questions about this title to publications@imf.org