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Cutting the public deficit through a stricter budgeting framework and improving the housing market with taxation and funding reforms are among the recommendations in the OECD’s latest Economic Survey of France.
Angel Gurría recalled the role played by the OECD Bologna Process and Charter and the "need to harness the potential of SMEs and entrepreneurs in the fight against unemployment, social exclusion and poverty" in his remarks to the “Bologna+10” High-level Meeting.
France has seen a marked deterioration in its export performance in the last 10 years or so. This working paper shows that the resource reallocation argument helps explain French export performance between the early 2000s and 2007, unexplained by traditional models.
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This note is taken from Chapter 3 of Economic Policy Reforms: Going for Growth 2010.
Through this conference on Innovation and Sustainable Growth in a Globalised World, the OECD and the World Bank are joining forces to work more closely on innovation, a crucial factor in the success of development policy, notably in middle income market economies.
Economic forecasts for GDP, unemployment, inflation and fiscal balance.
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External links to: recent economic data; current interest rates and exchange rates; latest macroeconomic reports; current outlook and projections; government budget information; speeches; relevant sites.
This working paper suggests that restoring competitiveness will require strengthening France's growth potential and to address the main long term determinants of that potential, such as fostering R&D, promoting innovation, reducing the tax burden, boosting competition and so on.
How is France affected by the global economic crisis? What strategy to eliminate the general government budget deficit? What are the main sources of potential savings? How to raise the employment rates of youth and older workers? What explains the gradual erosion of French export market shares? To what extent should private R&D be supported by public funding? What measures to foster competition in services sectors?
Country Notes from OECD Economic Policy Reforms: Going for growth 2011 presenting OECD recommendations for structural reform priorities for individual countries.