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France: The political economy of discontent. The Gilets Jaunes movement

Author

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  • Julio Lopez Gallardo

Abstract

The author comments on the months of protest by the yellow jackets movement, to provide a diagnosis of the reasons of economic malaise in France. It is claimed that France only really started loosing ground relative to Germany since adhering to the Economic and Monetary Union (EMU). A reform of the EMU would be needed for the country to recover lost ground, but the current political conditions at the European level do make such a reform likely. The author concludes by predicting a continuation of the status quo, matched by growth of the radical right in France and other EMU countries.

Suggested Citation

  • Julio Lopez Gallardo, 2020. "France: The political economy of discontent. The Gilets Jaunes movement," PSL Quarterly Review, Economia civile, vol. 73(293), pages 119-135.
    • Handle: RePEc:psl:pslqrr:2020:22
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    File URL: https://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/16825/16130
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    More about this item

    Keywords

    France; growth model; Economic and Monetary Union;
    All these keywords.

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O23 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Fiscal and Monetary Policy in Development
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-

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