This website uses cookies to ensure you have the best experience. Learn more

Perspectives On The French Economy Essay

1979 words - 8 pages

Perspectives on the French Economy
National Economic Analysis for International Business

Glen Letterle
Ingrid Smith
Brooke Thedford
Patricia Lewis

The current French economy is a mixed system of public, private and state owned organizations. Although the government plays a larger role in funding and sharing some ownership with public firms, France continues to be both capitalistic and market-oriented.

Frances current GDP is about 2.9 trillion dollars (U.S.), which grew by 2% from 2013. Their population is roughly 66.2 million people and the average income is high, around $44,000 per capita. Of the total population, about 56%, or 37 million, are considered to be ...view middle of the document...

GEOS Analysis
Overall, France ranks very well across the board of governance, economics, operations and society.  France has ranked very high amongst other countries and the statistics below how it has effected spending, budgeting and the economy as a whole.
Reference table in the paragraph and give a table # / elaborate on the meaning of the scores

Table 1.1

The French consumer confidence index is an indicator designed to measure the degree of optimism on the state of the economy that consumers are expressing through their activities of savings and spending. Through this graph we can determine that France’s confidence is rather high, which is great for business owners. The high confidence percentages demonstrates consumers are more likely to spend which will likely stimulate the economy. Despite a having a weak second quarter, the French economy is expected to regain momentum in the second half of the year due to a weak euro and low energy prices. Government Budget is an itemized accounting of payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when a government expenditures exceed taxes.  This effects the over economy, the confidence level, spending and saving amongst consumers.

The bond market is a great predictor of future economic activity and future levels of inflation, both of which directly affect the price of everything from stocks to household items. Here we can see that in recent years France has taken a nosedive in bonds. A lower supply of money, due to the treasury's sale of bonds, translates to reduced inflation.

Table 1.2 Table 1.3

Analysis of short-run policy conditions
France’s productivity has been somewhat steady in recent years besides earlier this year. However it made a steady increase and is returning to its average of 111. 25. The government had expected the 2015 deficit to be reduced to 2.8% of GDP, but now projects that it will actually reach 4.3% of GDP. The government also recognized that it will be unable to meet the 3.0% of GDP deficit ceiling stipulated in the Eurozone fiscal rules until 2017, which is four years later than originally planned. French government announced on October 27th that it would cut its budget deficit by an additional EUR 3.6 billion. The government stated that it would do so by using gains from lower interest charges on its debt and lower contributions to the EU budget. The new measure is expected to trim France’s structural deficit by 0.5% of GDP next year, which is an improvement over the 0.2% of GDP cut the government had previously promised. The 3.6% of GDP deficit that had been targeted for 2014 was supported by an optimistic GDP growth projection. The government initially estimated that GDP would grow 0.9% in 2014, but revised this...

Other assignments on Perspectives On The French Economy

Primary Source Essay

904 words - 4 pages the people swear loyalty to him and recognize him as their lord. The Norman conquest of Anglo Saxon England also had implications on France because the new king of England, William of Normandy, now owns land in France. Normandy now had more power than the French Kings. Henry I became the ruler after William. He was just as an effective leader as William was. Henry established a financial and law department. Money was very important in

Love Is War Essay

266 words - 2 pages This paper is an analysis of two separate essays, one written by MichaelRostovtzeff and another written by Henri Pirenne, both major historical authorities of the19 th century. The essays themselves are two perspectives on the transitional period between late antiquity and the early middle ages. An in-depth look into the historicalmaterial that these two arguments discuss can provide a greater depth of understanding of the transitional

Management Principles

2605 words - 11 pages Employees • People who work directly on a job or task and have no responsibility for overseeing the work of others. • Examples: sales and service staff Managers • Individuals who direct the activities of others in organisations. Functions of Management ( Fayol): • Planning, Organising, Leading, Controlling The Functions Approach • In the functions approach proposed by French industrialist Henri Fayol (1916), all managers perform four

Food, Fun And Friends In France And The Southern United States Of America

1103 words - 5 pages the French culture is more adamant regarding nightly family ‘sit down’ dinner, and American culture tends to enjoy their dinner on the go, it is obvious that both cultures commonly share the same desire for social interaction (Borade). Let the good times roll or Laisses Bon Temps Rouler are phrases commonly understood in France as well as the southern United States of America. These terms describe the importance of the three Fs, food, fun, and

Freddy Mac And Fannie Mae

960 words - 4 pages standards falling? Are asset prices too high relative to fundamentals? “In an internal boom-bust cycle, an initial market upswing entices new investors and rising prices until additional capital or investors’ nerves are exhausted.”(Evanoff, Kaufman, and Malliaris, 2012). “This process can be amplified by capital rules that encourage banks to increase leverage when the economy is expanding and loan losses are low.” (Hanson, Kashyap, and Stein

An Important Place In My Life

271 words - 2 pages R H D EN120 English Composition I Assignment 2_02 Description Paragraph January 9, 2015 Topic: An important place in my life As a German immigrant in the USA, I can clearly say, that my hometown of Ulm, Germany, is one of the most important places in my life. Situated on the river Danube, early settlements of the city were reported around 5000 BC. After being declared an imperial city in the 12th century, Ulm’s economy blossomed and the

• Assess France's Attempts To Restore Its Colonial Rule In Indo-China Between 1945-1954

1744 words - 7 pages on the part of a major European power in putting down the resistance of a (relatively) small guerilla force of rebels within its own colony is a cause for much debate. There are many opinions as to where France’s biggest short comings fell or what their biggest mistake was. Some argue it was their treatment of the Vietnamese villagers, while others believe the environment posed an insurmountable barrier for the French. Still others argue that

Key Supply Chain Issues

746 words - 3 pages weeks of inventory in the pipeline are factored into general landed cost calculations. Currently there are analysis going on over the supply and chain management changes in SCC (supply chain council). SCC is working on various advancements on the issues of supply chain challenges, which are affecting the global economy and markets. The SCC is aimed at advancing the supply chains acknowledgement, and its application to solve the real world


717 words - 3 pages approach is where one tries to identify ones best way to manage an organization. The contingency perspective approach, on the other hand, say that because each business is different the appropriate management approach depends on the unique elements in that situation. The contingency perspective is useful in the practice of management today because every situation is different and one situation needs different management that another. There is no one

How Important Was The Usa’S Entry Into The World War One To The Outcome Of The War?

802 words - 4 pages entry to the war. Agitated by the Zimmerman cable, sent from Germany to Mexico, American government found an excuse to enter the war and broke the isolationism, which was the idea that kept American away from the European affair. The American government cut down the debts that were owned by British government toward American companies. They send supplies and troops to the British and French army on the Western Front, which were exhausted by

Flashairlines Case

388 words - 2 pages amounts earned against them in violation of the law. To its critics, the group action violates the French legal principles, in that it would allow others to enjoy judgments on matters in which they are not party, which violate the rights of defense, it would the same trend in the United States, which has developed a strong litigation activity of the action group, which mainly benefits firms. In addition, consumer groups and lawyers entered into

Similar Documents

Cross Cultural Perspective Essay

1207 words - 5 pages Cross-Cultural Perspectives 1 Week 5 Cross-Cultural Perspectives ETH/316: Ethics and Social Responsibility University of Phoenix Cross-Cultural Perspectives Cross-Cultural Perspectives 2 McDonald’s is the largest fast food chain restaurant in the world. Ray Kroc founded the franchise in 1955 in California. McDonald’s server millions of customers daily. The company pride itself on their tasty hamburgers and delicious french-fries

The History Of The American Bottom

3596 words - 15 pages also abundant with resources. The resources in the area amazed the French missionaries and explorers. Father Claude Allois, a Jesuit missionary, describes an interesting spectacle on a journey south. “The next day, we saw a rock seven or eight feet out of the water and two or three brasses in circumference, named ‘the pitch rock.’ Indeed, one could see the pitch trickling down in little threads on the side on which the sun was warming it. We took

Napoleon And Europe Essay

4637 words - 19 pages to understand the economic impact of forcing the Italians to pay for 25,000 French troops and would lead to rebellions within Italy due to anger of French rule. The reducing population of Rome signifies the negative view countries such as Italy had on the conscription system forced upon by the French, with the impact reducing the strength of the military available to the Italians while inevitably having a negative impact on the economy due to

France Essay

651 words - 3 pages falling on their doorsteps as well. The French people tuned in to Nicolas Sarkozy’s television interview for the upcoming presidential election where he suggested a German style reform needed to fix the euro crisis, get France back to work, and restore its economy. Sarkozy states the new proposal to fight against the euro crisis calls for deeper fiscal integration through a "golden rule”, a sort of balanced budget amendment, to be written into