December 5, 2013

Can France Halt Its Decline?

Milton Ezrati, The National Interest

The Associated Press

Talk of reform has put French economic policy back into the headlines and brought much skepticism, too. Enthusiasm would be well warranted were Paris truly to lift its outsized business tax burdens, stultifying labor regulations, and constraining product rules. That kind of reform would head off the grim economic and financial future otherwise facing France, including a loss of influence within the European Union (EU) and the prospect of finding itself numbered among Europe’s beleaguered periphery. Sadly though, recent talk of reform sounds neither sincere enough nor sufficiently broad-based to address France’s deep-seated problems.

Read Full Article ››

TAGGED: Eurozone, Europe, France

RECOMMENDED ARTICLES

November 29, 2013
How Everything Became Hollande's Fault
C. Bremner, New Statesman
So much blame is heaped on Hollande that it is hard not to feel sorry for the amiable back-room party manager who, his friends say, still cannot believe his good fortune in landing the presidency last year. more ››
November 25, 2013
Why France Is the Sick Man of Europe
Konrad Yakabuski, Globe and Mail
France is in a funk. François Hollande is the most unpopular president in the history of French polling. The country’s economy is now considered “the sick man of Europe” and French voters still see the... more ››
December 2, 2013
Are Europeans Giving Up on Europe?
Moises Naim, The Atlantic
The collective mood of a nation mired in a prolonged economic recession shows many of the symptoms of clinical depression: despair, fatalism, an inability to make decisions, lack of motivation, and irritability. This is one of... more ››
November 29, 2013
Germany: Not Yet the Real Deal
The Guardian
This German government matters more than most. It has the future not just of Germany but of Europe in its hands. more ››