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France

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  • Oskar-Erich Kuntze

Abstract

The expansion of demand and production clearly accelerated in 1999, supported by economic policy. Real GDP rose by almost 2¾%. Employment again increased noticeably, and the average unemployment rate for the year fell by about ½ a percentage point to ca. 11%. In 2000 the upturn will be faster and broader, with GDP expected to grow by about 3¼%. The situation on the labour market will continue to improve, with some employment effect expected from the beginning of the implementation of the 35-hour working week. The unemployment rate should drop to 10½%. Demand stimulus from economic policy will be weaker in 2001, but real GDP should still rise by about 3%. With continuingly active employment policies, the unemployment rate could drop to about 9½%.

Suggested Citation

  • Oskar-Erich Kuntze, 2000. "France," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 53(04), pages 14-23, February.
  • Handle: RePEc:ces:ifosdt:v:53:y:2000:i:04:p:14-23
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    More about this item

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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