{
  "title": "France: 2011 Article IV Consultation: Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion",
  "publication": "IMF Staff Country Reports, July 27, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/france-2011-article-iv-consultation-staff-report-staff-statement-and-public-information-25094",
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  "summary": "Domestic demand is expected to remain the engine of growth in France, with net exports playing a minor role in the near term. Risks to the outlook are tilted to the downside. Boosting potential growth requires a comprehensive strategy.",
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    {
      "heading": "Growth outlook and drivers",
      "content": "- Domestic demand is expected to remain the engine of growth in France, with net exports playing a minor role in the near term.\n- Risks to the outlook are tilted to the downside."
    },
    {
      "heading": "Potential growth and structural policy",
      "content": "- Boosting potential growth requires a comprehensive strategy.\n- The medium-term prospects for the economy depend on improved competitiveness."
    },
    {
      "heading": "Fiscal policy and consolidation",
      "content": "- The consolidation targets set out in France’s Stability Program and the multiyear budget framework strike the right balance between speed and sustainability."
    },
    {
      "heading": "Financial sector and stability",
      "content": "- Financial stability risks seem contained but vigilance is required."
    },
    {
      "heading": "Subject coverage and keywords",
      "content": "- Subject: Banking, Financial crises, Financial institutions, Housing prices, Inflation, Loans, Prices, Public debt\n- Keywords: bank, banks CD, CR, draft bill, draft law, Europe, Global, Housing prices, Inflation, ISCR, Loans, Middle East, sovereign CD, staff appraisal, staff calculation\n\n---\n\n Content in this bundle\n\n- cr11211\n  - cr11211 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr11211 (PDF){rel=\"external\" type=\"application/pdf\"}\n- cr11211f\n  - cr11211f (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr11211f (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: July 27, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781462338535.002",
    "Domestic demand is expected to remain the engine of growth in France, with net exports playing a minor role in the near term.",
    "Risks to the outlook are tilted to the downside.",
    "Boosting potential growth requires a comprehensive strategy.",
    "The medium-term prospects for the economy depend on improved competitiveness.",
    "The consolidation targets set out in France’s Stability Program and the multiyear budget framework strike the right balance between speed and sustainability.",
    "Financial stability risks seem contained but vigilance is required.",
    "Subject: Banking, Financial crises, Financial institutions, Housing prices, Inflation, Loans, Prices, Public debt",
    "Keywords: bank, banks CD, CR, draft bill, draft law, Europe, Global, Housing prices, Inflation, ISCR, Loans, Middle East, sovereign CD, staff appraisal, staff calculation",
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