France : retour à meilleure fortune
France: back to better fortuneWith an expected growth of 2% in 2018 and 2.1% in 2019, the French economy is approaching its potential output (whose growth rate is 1.2%) by the end of 2019. Fiscal policy will not call into question the ongoing recovery. The timing of tax measures that will affect pur...
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| Hauptverfasser: | , , |
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| Format: | Article ou chapitre numérique |
| Sprache: | Français |
| Veröffentlicht: |
2018
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| Schlagworte: | |
| Online Zugang: | Accès Université d'Orléans et IFPM Accès Université d'Orléans et IFPM |
| Zusammenfassung: | France: back to better fortuneWith an expected growth of 2% in 2018 and 2.1% in 2019, the French economy is approaching its potential output (whose growth rate is 1.2%) by the end of 2019. Fiscal policy will not call into question the ongoing recovery. The timing of tax measures that will affect purchasing power (negatively at the beginning of the year and positively at the end of the year) and therefore the path of Household consumption will mark the quarterly profile of GDP growth in 2018. Job creations would remain dynamic (194,000 in 2018 and 254,000 in 2019), which would allow the unemployment rate in metropolitan France to be reduced at 8.4% end 2018 and end the year 2019 at 7.9%. The reduction of the public deficit will be slow (2.4% in 2018 and 2.5% in 2019 after 2.6% in 2017. JEL classification: F01. |
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