France: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for France

February 20, 2008

Preview Citation

Format: Chicago

France: 2007 Article IV Consultation: Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for France, (USA: International Monetary Fund, 2008) accessed December 21, 2024

Summary

France’s near–term economic outlook is moderately positive, but clouded by risks from the global environment. The government’s reformist intentions provide an historic opportunity to place France onto a sustained higher growth path with greater opportunities for all. Economic policy should address the root cause of faltering growth performance. Further goods and services market reforms will boost potential output and consumer welfare. Fiscal policy should be vigilant to the risk of slippage in the fiscal deficit. The ongoing expenditure and tax policy reviews have been commended.

Subject: Fiscal consolidation, Fiscal policy, Labor, Labor markets, National accounts, Purchasing power

Keywords: CR, Fiscal consolidation, Global, Government, Headline inflation, IMF staff, ISCR, Labor markets, Lending standard, Market, Market condition, Purchasing power, SG episode, Société Générale, Staff, Staff reduction

Publication Details

Pages:

63
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/075
Stock No:

1FRAEA2008002
ISBN:

9781451813715
ISSN:

1934-7685

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