France: 2006 Article IV Consultation—Staff Report, Staff Supplement; and Public Information Notice on the Executive Board Discussion

November 1, 2006

Preview Citation

Format: Chicago

France: 2006 Article IV Consultation—Staff Report, Staff Supplement; and Public Information Notice on the Executive Board Discussion, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

France’s economic short-term outlook is positive, and long-term prospects have improved. Fiscal adjustment remains high on the government’s agenda. Tax reforms have improved the economy’s growth potential. Reforms in financial, labor, and product markets are necessary to boost job creation, prepare the economy for aging, and allow it to benefit from global activity. The financial sector’s profitability and capitalization put it in a good position to manage increasing risks. Structural reforms in labor and product markets remain essential to boost long-term growth and secure fiscal sustainability.

Subject: Employment, Labor, Labor markets, Minimum wages, Public debt

Keywords: CR, Deficit, Deficit outcome, Director, Employment, Europe, Firm, Global, Government, Headline inflation, IMF staff estimate, ISCR, Labor markets, Minimum wages, Potential GDP, Product market, Spending growth

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/389
Stock No:

1FRAEA2006001
ISBN:

9781451813685
ISSN:

1934-7685

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