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The tax burden in France increased by 1 percentage point from 44.0% to 45.0% in 2013. The corresponding figure for the OECD average was an increase of 0.4 percentage points from 33.7% to 34.1%. The French standard VAT rate is 20%, which is slightly above the OECD average. The average VAT/GST standard rate in the OECD was 19.1% on 1 January 2014.
OECD Forum on Financing Democracy and Averting Policy Capture
After two years of decline, permanent immigration to France from outside the EEA and Switzerland increased in 2012 to 163 000 persons (an annual increase of 6% and the highest level since 2006).
Held on 27-28 November 2014, the forum focused on four areas that can contribute to more integrated policy making. Topics for discussion included the need to understand long-term impacts of the nexus on growth; ways to improve coherence between national, regional and local planning and priorities; the importance of promoting private sector investment in the nexus; and....
2014 OECD/Euromoney Roundtable on Long-term Investment Policy: The roundtable provided a unique opportunity for participants to discuss the OECD’s work on institutional investors and long-term financing with senior policymakers and regulators, and to facilitate investment by institutional investors, addressing both potential regulatory obstacles and market failures.
This Forum examined the distributional consequences of implementing green growth strategies and their impact on employment, skills and income.
After a comprehensive review in October 2012, the OECD Working Group on Bribery asked France, through a series of concrete recommendations, to intensify its actions to fight the bribery of foreign public officials and undertake important reforms.
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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.
The President of the French Republic, Mr. François Hollande, met the Heads of five international economic organisations at the OECD on Friday 17th October to discuss the challenges facing the global economy.
Full implementation of the structural reforms adopted and announced in France would boost potential annual economic growth by one third, or 0.4 percentage points per year over ten years, according to the OECD.