France : 2013 Article IV Consultation

Publication Date: August 05, 2013
Electronic Access: Free Full text (PDF file size is 2,178KB).
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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.
Series: Country Report No. 13/251
Subject(s): Article IV consultation reports | Economic growth | Private consumption | Fiscal policy | Fiscal reforms | Financial sector | Banks | Bank restructuring | Economic indicators | Staff Reports | Press releases | France

Publication Date: August 05, 2013
ISBN/ISSN: 9781475571868/1934-7685 Format: Paper
Stock No: 1FRAEA2013009 Pages: 90
US$18.00 (Academic Rate:
US$18.00 )
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