France: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France
IMF Staff Country Reports, July 26, 2018
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- France: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France
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Bibliographic details
- Published: July 26, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484371053.002
Summary and macro outlook
- In a favorable global conjuncture, France has benefitted from a broad-based recovery last year, with robust growth and improving labor market trends.
- These developments have led to a decline in the fiscal deficit below 3 percent of GDP last year.
- Structural challenges persist: still high unemployment, weak competitiveness, and high private and public debt burdens, which are hampering economic performance.
Key findings and statistics
- Pages: 69
- Volume: 2018
- Issue: 243
- Series: Country Report No. 2018/243
- DOI: https://doi.org/10.5089/9781484371053.002
- Stock No: 1FRAEA2018001
- ISBN: 9781484371053
- ISSN: 1934-7685
- Publication date: July 26, 2018
Subjects and keywords
- Subject: Employment, Expenditure, Labor, Labor markets, Public debt, Wages
- Keywords: balance of payments, banking sector, CR, Employment, Europe, financial system, Global, government, ISCR, Labor markets, product market reform, reform, reform strategy, regime, Wages
Implications for policy and reform priorities
- Address persistent high unemployment through targeted labor market reforms and measures to improve labor market trends.
- Strengthen competitiveness via product market reform and other structural measures.
- Manage high private and public debt burdens to avoid hampering economic performance and fiscal sustainability.
France: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for France (July 26, 2018).
Content in this bundle
- Country Report