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Economic reforms in France: bleak macroeconomic data is shaking politics in Paris and cementing France's traditional approach towards the Economic and Monetary Union

[comment]

Tokarski, Pawel

Corporate Editor
Stiftung Wissenschaft und Politik -SWP- Deutsches Institut für Internationale Politik und Sicherheit

Abstract

With the third government since his election in May 2012, President Hollande will soon enter the second half of his term of office. He came to power with promises of economic recovery. However, the implementation of a coherent economic program quickly became an uphill battle. French voters’ persiste... view more

With the third government since his election in May 2012, President Hollande will soon enter the second half of his term of office. He came to power with promises of economic recovery. However, the implementation of a coherent economic program quickly became an uphill battle. French voters’ persistent dissatisfaction resulted in two sound electoral defeats of the “Parti socialiste” and record support for the “Front National”. The difficulties of the second largest Eurozone economy are sooner or later likely to affect the Eurozone’s stability. Why is it so hard to reform France? What does President Hollande expect from the Eurozone? And is there an acceptable way to assist French reforms? (author's abstract)... view less

Keywords
France; economic policy; economic reform; reform policy; EEMU; monetary union; economic union; Eurozone; economic growth

Classification
Economic Policy
European Politics

Document language
English

Publication Year
2014

City
Berlin

Page/Pages
8 p.

Series
SWP Comment, 39/2014

ISSN
1861-1761

Status
Published Version; reviewed

Licence
Deposit Licence - No Redistribution, No Modifications


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© 2007 - 2025 Social Science Open Access Repository (SSOAR).
Based on DSpace, Copyright (c) 2002-2022, DuraSpace. All rights reserved.