France devotes a great deal of resources to vocational training for youths and especially adults, but the system is unduly complex and yields rather poor returns. The basic literacy and numeracy skills of many French adults remain weak in international comparison, with harmful effects on employment opportunities, wages and well-being.
The 2014 edition of National Accounts of OECD Countries, General Government Accounts is an annual publication, dedicated to government finance which is based on the System of National Accounts 2008 (SNA 2008) for all countries except Chile, Japan, Korea and Turkey (SNA 1993). It includes tables showing government aggregates and balances for the production, income and financial accounts as well as detailed tax and social contribution receipts and a breakdown of expenditure of general government by function, according to the harmonised international classification, COFOG. These detailed accounts are available for the general government sector. Data also cover the following sub-sectors, according to availability: central government, state government, local government and social security funds.
The data in this publication are also available on line via www.oecd-ilibrary.org under the title OECD National Accounts Statistics, General Government Accounts (http://dx.doi.org/10.1787/na-gga-data-en).
OECD Week 2015 focused on investment, inclusive growth, innovation, the new climate economy and the Sustainable Development Goals. It includes the annual Ministerial meeting, Forum 2015 and meetings linked to G20, B20 and L20 forums, bringing together Ministers from 34 member countries and Brazil, China, India, Indonesia, South Africa with representatives from business, trade unions, civil society, academia and media.
Forum 2015, entitled Investing in the Future: People, Planet, Prosperity, was organised around the five cross-cutting themes of the OECD Week: investment; inclusive growth; innovation, climate, Carbon, COP21 and the Sustainable Development Goals and took place at the OECD Conference Centre in Paris on 2-3 June 2015.
The key challenge is to reform the labour market to promote job growth. Further labour market reforms should be the top priority. The strong protection accorded by open-ended contracts hinders labour mobility, despite the progress brought by reforms regarding mass layoffs and the introduction of the rupture conventionnelle, a mutually agreed termination procedure.
France has begun implementing a series of important pro-growth structural policy measures, but boosting medium-term growth will require more ambitious action to reform the labour market, curb high levels of public spending and taxation and create jobs, according to the latest OECD Economic Survey of France.
Low oil prices and monetary easing are boosting growth in the world’s major economies, but the near-term pace of expansion remains modest, withabnormally low inflation and interest rates pointing to risks of financial instability, according to the OECD’s latest Interim Economic Assessment.
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This country note from Going for Growth 2015 for France identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
This report compares the performance of the French innnovation systems with that of other countries and presents the conclusions of interviews with 30 key actors in the French research and innovation system. During the past ten years, this system has undergone profound changes, and the report highlights the governments plan to dynamise and reform the system.
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France is one of the world’s five leading economies, as measured by GDP, a position that it owes in particular to its strength in a number of knowledge-intensive sectors. Yet today, six years after the onset of the economic crisis, French growth remains weak – 0.4% this year, and at best 1% in 2015, according to the latest OECD projections.