Description |
1 online resource (66 pages) : color illustrations |
Series |
IMF country report ; no. 16/227 |
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IMF country report ; no. 16/227.
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Contents |
Cover; CONTENTS; CONTEXT-RECOVERY AND REFORMS; OUTLOOK-MODEST GROWTH WITH RISKS; POLICIES-TACKLING UNEMPLOYMENT AND DEBT; A. Fiscal Policy on Knife's Edge; B. Tackling Structural Unemployment; C. Strengthening Financial Sector Resilience; STAFF APPRAISAL; BOXES; 1. Key Structural Reforms; 2. How to Increase Public Expenditure Efficiency; FIGURES; 1. A Subdued Recovery; 2. Fiscal Adjustment Slowing and Debt Rising; 3. Lack of Dynamism in the Labor Market; 4. Improved Bank Balance Sheets But Fragile Profits; TABLES; 1. Selected Economic and Social Indicators, 2012-2021 |
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2. General Government Accounts, 2012-20213. Balance of Payments, 2012-2021; 4. Vulnerability Indicators, 2008-2015; 5. Core Financial Soundness Indicators, 2008-2015; 6. Encouraged Financial Soundness Indicators, 2008-2015; APPENDICES; I. Growth Shock Scenarios; II. Debt Sustainability Analysis; III. Risk Assessment Matrix; IV. External Sector Report; V. Main Recommendations of the 2015 Article IV Consultation and Authorities' Actions; CONTENTS; FUND RELATIONS; STATISTICAL ISSUES |
Summary |
This 2016 Article IV consultation highlights that economic recovery in France is solidifying. The economy is projected to expand by 1.5 percent in 2016, primarily driven by strong consumer spending. There are also signs of a cyclical recovery in investment, and the slump in residential construction appears to be bottoming out. By contrast, net exports are declining as demand from trading partners has slowed. Private sector job creation has remained lackluster, and the unemployment rate has hovered at about 10 percent. The government has continued to advance important reforms to help create the conditions for improved economic performance. As for budget policies, there are ongoing efforts to contain spending growth at all levels of government while easing taxes |
Notes |
"July 2016." |
Bibliography |
Includes bibliographical references |
Notes |
Description based on online resource; title from pdf title page (IMF.org website, viewed September 2, 2016) |
Subject |
International Monetary Fund -- France
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic development -- France
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Fiscal policy -- France
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Structural adjustment (Economic policy) -- France
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Unemployment -- France
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Economic indicators -- France
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Economic development
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Economic history
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Economic indicators
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Fiscal policy
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Structural adjustment (Economic policy)
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Unemployment
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SUBJECT |
France -- Economic conditions.
http://id.loc.gov/authorities/subjects/sh85051216
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Subject |
France
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Form |
Electronic book
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Author |
International Monetary Fund, publisher.
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ISBN |
9781498359665 |
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1498359663 |
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