GDP growth is projected to edge up to 1.6% by 2018, as tax cuts and faster job growth support stronger private consumption. Business investment should also pick up owing to tax reductions and low interest rates. In turn, the unemployment rate should continue to gradually fall, thanks to lower social security contributions, hiring subsidies and significant upscaling of training available to jobseekers. Inflation will remain low, as slack persists.
Fifteen years ago, the OECD started evaluating education systems worldwide by testing the knowledge and competences of 15-year-old students through the Programme for International Student Assessment (PISA). Right from very first PISA exercise in 2000, we noted that although the results for France were around the OECD average, they revealed a system where children’s socio-economic status had a disproportionate influence on their school grades, and where children from disadvantaged backgrounds did not receive enough support.
France has significantly improved its environmental performance over the past ten years, as evidenced by the signing of the Paris Agreement and the entry into force of the Energy Transition for Green Growth Act, both of which promote the protection of biodiversity, responsible management of resources and the fight against waste, and sketch out a new model of participative governance. But there remain gaps in the country’s environmental policy, according to the latest Environmental Performance Review of France, which advises the French government to waste no time in implementing its energy transition.
What policy actions are you taking to harness the benefits and address the challenges of the digital economy?
Digital innovation is an opportunity—for governments, for business, for the public, and for the way in which they relate to each other.
The River Seine overflowing its banks is not an uncommon sight in Paris, as the winter catchment swells, causing water levels to rise and cover the lower banks, jetties and walkways.
The 2016 OECD Agriculture Ministerial meeting on “Better Policies to Achieve a Productive, Sustainable and Resilient Global Food System”, which we are honoured to serve as co-chairs, comes at an opportune moment.
French Economy Minister Emmanuel Macron will be at the OECD this afternoon at 2pm (French time) 18 September for a webcast discussion on economic reforms, inequality and the outlook, with OECD Secretary-General Angel Gurría. You can watch the event here http://video.oecd.org
Minister Najat Vallaud-Belkacem was at the OECD on 10 July to discuss France’s education reforms. She received OECD recommendations on making education more inclusive.
“What an amazing week. … I’m doing my best to come back down to earth and get back to work.” And so it was, in less than 140 characters that Frenchman Jean Tirole (@JeanTirole) tweeted his excitement after learning that he had won the 2014 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel.
Following the terrorist attack on French satirical magazine Charlie Hebdo, the OECD Secretary-General has expressed his condolences and support, on his behalf and that of the Organisation’s staff, to President Hollande and the French authorities. He also indicated that the OECD deplores this action, which is fundamentally opposed to the values we hold dear.
The French are noted for their good living as well as a relatively long life span. It’s the so-called French paradox. The southwest in particular is said to have relatively more centenarians than anywhere else in the country.
France Shapshot 2013
Find key economic figures and trends for France from OECD Yearbook 2013
People looking for models of public governance reform may not immediately think of France, but perhaps they should think again. In July 2007, France launched a reform programme called “General Review of Public Policies” (Révision Générale des Politiques Publiques, RGPP). Implemented at central government level, it adopts a novel approach that could prove a useful model for other OECD countries.
The budget deficit for the OECD area as a whole probably peaked at around 7.5% of GDP in 2010. That’s the equivalent of some US$3.3 trillion. A decrease to around 6.1% of GDP is expected in 2011, which will still be high by historical standards. But while the need to restore public finances is a global challenge, the state of government balance sheets varies widely. Economic starting points, causes of deficits and budgetary strategies also vary. Some countries have started down the road of austerity, others are maintaining stimulus and plan to rein in their deficits from 2011.
In December 2010 we asked finance ministers from a broad selection of countries facing different fiscal challenges–France, Germany, Indonesia, Ireland, Korea, Mexico, New Zealand and South Africa–to answer this question: “What actions is your government taking to bolster public finances, while upholding growth and services?”
It would be easy to think that the organisation created in 1961 was the inevitable next stage in the evolution of the OEEC, the European body originally set up to administer the Marshall Plan in 1947. But the OECD did not simply "replace" the OEEC. Nor was its creation inevitable or easy.
Fiftieth Anniversary of the OECD: President Sarkozy's speech.
Over the past 50 years, the OECD has undergone profound changes in order to cope with the emergence of new powers and, above all, new challenges. In 1989, with the fall of the Berlin wall and the dissolution of the Soviet Union, the OECD forged new ties with countries freshly freed from the oppression of communism.
Ministers responsible for employment from around the world gathered at the OECD on 28-29 September to discuss the jobs crisis. In our eighth OECD Observer ministers' roundtable, we ask six representatives, from Canada (co-Chair), Italy (co-Chair), Sweden (vice-Chair), France, New Zealand, and Chile, which is a candidate for OECD accession: What new policy actions are you taking to improve the jobs situation in your country?
Long ago I gave up trying to break through the so-called “glass ceiling” that has kept women like me out of higher management. Instead I decided to create new enterprises in which management could be reinvented by women. On 8 March 2005, I launched a business incubator devoted exclusively to projects by female entrepreneurs.
Can governments balance these concerns? The OECD’s Environment Policy Committee meets at ministerial level on 28-29 April 2008 under the theme of global competitiveness. Some non-OECD developing countries will also participate, as will stakeholders from business, labour and civil society.
Jean-Philippe Cotis, the OECD’s chief economist, has been appointed as director general of the French national statistics institute INSEE (Institut national de la statistique et des études économiques, or the National Statistics and Economic Studies Institute).
The French authorities are strengthening their polices on the environment as the public increasingly demand better air quality, purer water and better protection for their natural resources. Putting these policies into practice is not as simple as it may seem.
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