Economic Reforms in France

Being part of the Eurozone - and therefore in direct competition with other European nations -means that France has no choice but to enact urgently the following economic reforms:
  1. Reduce the weight of public spending in GDP (currently at 57%)
  2. Reduce debt before the market forces us to
  3. Reform labour market to make it more flexible and reduce unemployment. (cf Unemployment and market frictions
Otherwise, they will end up in a Cul de Sac
 
Which of the 2012 presidential candidates offers such a programme? Not too sure...

Comments

Popular posts from this blog

French industry's competitiveness

Is the yield curve back to the 1950s-1960s?

Did street unrest damage the outlook for France?