France: 2012 Article IV Consultation

December 21, 2012

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Format: Chicago

France: 2012 Article IV Consultation, (USA: International Monetary Fund, 2012) accessed November 8, 2024

Summary

The 2012 Article IV Consultation with France discusses the financial and economic conditions of the country. Although France weathered the 2008 financial and subsequent euro area crises relatively well compared with other advanced countries, its recovery has been sluggish. France has become a less open economy and reported a steady loss of export market share relative to its European peers. The current challenge for France is to pursue fiscal policy consolidation that balances cyclical considerations with the need to preserve market confidence in French policies and in the euro area crisis resolution strategy.

Subject: Banking, Expenditure, Financial institutions, Fiscal consolidation, Labor, Labor costs, Labor markets, Loans, Social security contributions

Keywords: Authority, Competitiveness, Competitiveness gap, CR, Data ROSC mission, Europe, France-Report on the Observance of Standards and Codes, General government balance, Global, Investment fund, ISCR, Labor costs, Labor markets, Loans, Money market, Supervisory authorities

Publication Details

Pages:

65
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2012/342
Stock No:

1FRAEA2012002
ISBN:

9781475542004
ISSN:

1934-7685

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