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France : espoir de reprise

Author

Listed:
  • Hervé Péléraux

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Mathieu Plane

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Eric Heyer

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

  • Marion Cochard
  • Matthieu Lemoine

    (OFCE - Observatoire français des conjonctures économiques (Sciences Po) - Sciences Po - Sciences Po)

Abstract

The 2006 French economic performance is ambivalent. On one side, activity improved and allowed for a decrease of the unemployment. On the other side, France did not manage to take advantage of world vitality, and its GDP growth remained beside the European average. European economy will remain dynamic in 2007, but the economic rebound should be tempered in France. European interest rates rises in 2006 and the increase in the German VAT on January 1st, 2007, should be the main causes of the 2007 soft growth. In 2008, these constraints should disappear, which will support simultaneously external trade, productive investment and thus job creation. Finally, French growth should reach 2.3% and 2.9% in 2007 and 2008.

Suggested Citation

  • Hervé Péléraux & Mathieu Plane & Eric Heyer & Marion Cochard & Matthieu Lemoine, 2007. "France : espoir de reprise," SciencePo Working papers Main hal-03459591, HAL.
    • Handle: RePEc:hal:spmain:hal-03459591
    DOI: 10.3917/reof.101.0033
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-03459591
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