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France: upswing in election year 2002

Author

Listed:
  • Oscar-Erich Kuntze

Abstract

In France, economic growth accelerated in 2000. Real GDP increased by 3.2%. In the labour market, the situation also improved, with the unemployment rate declining to an average of 9.2% for the year. Consumer prices in 2000 were 1.8% higher than in 1999. In 2001, real GDP is expected to grow by nearly 2½%. Inflation will be moderate at 1¾%. On the labour market the situation will continue to improve, the unemployment rate falling to ca. 8½%. In 2002 aggregate output will be dynamic, GDP will expand by 2½%, and the unemployment rate will fall to about 8¼%.

Suggested Citation

  • Oscar-Erich Kuntze, 2001. "France: upswing in election year 2002," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(12), pages 42-48, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:12:p:42-48
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    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • 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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