OECD Economic Surveys: France 2019 Contributor(s): Oecd (Author) |
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ISBN: 9264987444 ISBN-13: 9789264987449 Publisher: Org. for Economic Cooperation & Development OUR PRICE: $57.00 Product Type: Paperback - Other Formats Published: May 2019 * Not available - Not in print at this time * |
Additional Information |
BISAC Categories: - Business & Economics | Economics - General - Political Science | Public Policy - Economic Policy |
Series: OECD Economic Surveys: France |
Physical Information: 0.53" H x 8.25" W x 11" (1.33 lbs) 196 pages |
Descriptions, Reviews, Etc. |
Publisher Description: France's economic growth has slowed down after a gradual recovery. Limited productivity and employment gains have reduced the growth of GDP per inhabitant; public spending remains very high. Reducing public expenditures is needed to put debt on a firmly declining path. This and streamlining the tax system would also help reducing taxes, which would boost economic activity eventually. Continuing to foster a more flexible labour market would lead to higher productivity growth and living standards. The unemployment rate is particularily high for low-skills, and young and older workers: higher skills and better education outcomes would support a more inclusive labour market and intergenerational mobility. The quality of the public capital stock is high in France: improving its maintainance would strengthen this asset. New investment should help drive the economy towards greener growth - in particular investments in energy and transport - and more digitalisation. This should be achieved by applying rigourous cost-benefit analyses even more widely. SPECIAL FEATURES: LABOUR MARKET PERFORMANCE; PUBLIC INVESTMENT |