France : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

January 7, 1999

Electronic Access:

Free Full text (PDF file size is 4508 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper addresses the question of what policy changes in France are needed under European Monetary Union (EMU), as regards the role of fiscal policy in stabilizing the economy. The fiscal strategy over the past two and a half decades is reviewed, and, against this background, an assessment is offered concerning the role and scope of fiscal stabilizers in France under EMU. The main conclusions is that over the past two and a half decades, fiscal policy operated in a clear countercyclical way in France, but this reflected essentially the functioning of automatic stabilizers.

Series:

Country Report No. 98/132

Subject(s):

English

Publication Date:

January 7, 1999

ISBN/ISSN:

9781451813494/1934-7685

Stock No:

1FRAEA0021998

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

92

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