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The Blind Decades – Employment and Growth in France, 1974–2014

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  • Philippe Askenazy

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, PSE - Paris-Jourdan Sciences Economiques - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris Sciences et Lettres - INRA - Institut National de la Recherche Agronomique - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique)

  • Richard Freeman

    (University of Virginia)

  • Susan Emanuel

Abstract

France is often described as one of the last Western economies unable to reform itself in the face of globalization. Yet its economy has not fallen by the wayside and has even resisted the great recession that began in 2008. By interlinking historical, economic, and political factors and by comparing France with other nations, this book explains the puzzle presented by the development of France. Understanding France's economy requires downplaying the usual policy injunctions--demands for less state control and less rigidity in the labor market--and instead stressing the importance of constructing a long-term industrial strategy.

Suggested Citation

  • Philippe Askenazy & Richard Freeman & Susan Emanuel, 2014. "The Blind Decades – Employment and Growth in France, 1974–2014," PSE-Ecole d'économie de Paris (Postprint) halshs-02923227, HAL.
    • Handle: RePEc:hal:pseptp:halshs-02923227
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    Cited by:

    1. Philippe Askenazy, 2018. "The changing of the French labor market, 2000–2017," IZA World of Labor, Institute of Labor Economics (IZA), pages 412-412, January.
    2. Phillippe Askenazy, 2019. "The Parameters of the French Minimum Hourly Wage," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 16(04), pages 09-13, January.
    3. Askenazy, Philippe & Palier, Bruno, 2018. "France: rising precariousness supported by the welfare state," CEPREMAP Working Papers (Docweb) 1801, CEPREMAP.

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