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France: 2012 Article IV Consultation
Author:
International Monetary Fund. European Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2012: Issue 342
Language:
English
Publication Date:
21 Dec 2012
DOI:
https://doi.org/10.5089/9781475542004.002
ISBN:
9781475542004
ISSN:
1934-7685
Pages:
65
Keywords:
ISCR; CR; authority; France-Report on the Observance of Standards and Codes; competitiveness; General government balance; competitiveness gap; money market; supervisory authorities; data ROSC mission; investment fund; Loans; Labor costs; Labor markets; Europe; Global
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The 2012 Article IV Consultation with France discusses the financial and economic conditions of the country. Although France weathered the 2008 financial and subsequent euro area crises relatively well compared with other advanced countries, its recovery has been sluggish. France has become a less open economy and reported a steady loss of export market share relative to its European peers. The current challenge for France is to pursue fiscal policy consolidation that balances cyclical considerations with the need to preserve market confidence in French policies and in the euro area crisis resolution strategy.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund