France: Staff Report for the 2005 Article IV Consultation

November 7, 2005

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Format: Chicago

France: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed October 6, 2024

Summary

This 2005 Article IV Consultation highlights that the cyclical recovery of the French economy was interrupted in the first half of 2005, as previously strong domestic demand faltered and the external sector continued to exert a drag on growth. In 2004, growth was faster and more consumption-driven than in other large euro area countries. Employment growth in hours, increases in minimum wages, and some fiscal measures supported private household incomes. The 2006 draft budget targets a reduction in the general government deficit to 2.9 percent of GDP.

Subject: Employment, Labor, Labor markets, Public debt, Unemployment

Keywords: Authority, CR, Director, Employment, GDP deflator, Global, Headline inflation, ISCR, Job creation, Labor markets, Price distortion, Product market, Product market reform, Scenario, Spending, Structural adjustment, Unemployment

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/399
Stock No:

1FRAEA2005005
ISBN:

9781451813678
ISSN:

1934-7685

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