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Full-employment Policies in Stagnation: France in the 1980s


  • Petit, Pascal


This paper sets out to ask what happened between 1981 and 1986 to the French policy of full employment. The cautious path followed led to the combination of long-term industrial restructuring with comprehensive monitoring of the labor market. Problems arose on both sides. Short-term policies on the labor market induced structural changes in patterns of work and participation. The goals of industrial restructuring seemed too remote from current problems of unemployment to get clear understanding and backing. This confirmed the idea that economic policies had become ineffective and thus reduced the scope for the further pursuit of comprehensive industrial policies. Copyright 1986 by Oxford University Press.

Suggested Citation

  • Petit, Pascal, 1986. "Full-employment Policies in Stagnation: France in the 1980s," Cambridge Journal of Economics, Oxford University Press, vol. 10(4), pages 393-406, December.
  • Handle: RePEc:oup:cambje:v:10:y:1986:i:4:p:393-406

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