France financial and real sector issues

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書誌事項

France financial and real sector issues

edited by Paul R. Masson

International Monetary Fund, 1995

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注記

Includes bibliographical references

内容説明・目次

内容説明

France has undergone major transformations since 1985. The French economy has achieved a degree of price and exchange rate stability similar to Germany's. However, recent recession has highlighted some severe structural problems. The unemployment rate has risen to levels that were previously unknown in post-war France, and the decline in growth from the abnormally high levels of the late 1980s revealed serious fiscal imbalances that go beyond mere cyclical deficits. Clearly, France faces major challenges as it enters the second half of the decade, including the integration of its economy with those of its European neighbours. The study contained in this work treats issues of central concern to the French economy's prospects until the end of the century and beyond.

目次

  • Why is unemployment in France so high?
  • household saving in France - stochastic income and financial deregulation
  • the link between real interest rates and French aggregate private investment
  • ERM money supplies and the transition to EMU
  • the taxation of returns from personal savings in France
  • some considerations relevant to prefunded pensions in France.

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