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A recent picture of two presidents of France, the previous and the current one, accompanied with an honor guard in a historical parade uniform

GIS Dossier: Mission impossible, or reforming France

  • France’s economy cannot be fixed without reform of its increasingly calcified political and social system
  • As stagnation sets in, social unrest is growing, but it remains mostly directionless
  • An economically and politically enfeebled France worries Germany, the European integration project’s other pillar
  • Meanwhile, the fiscal clock is ticking: France spends more than 10 percent of its budget on debt interest alone

GIS Dossiers aim to give the subscribers quick overviews of key topics, regions or disruptions based on a selection of our experts’ reports since 2011. This survey examines the attempts of three French leaders to restore economic vigor and shore up their country’s place as a prime European power. GIS experts have monitored their half-hearted efforts from the start of our service.

Following years of sluggish growth, France is finding it hard to compete globally. As the Yellow Vests movement has shown, its population is frustrated at stagnating incomes, intractable unemployment and the reappearance of poverty in parts of the country. Public spending, taxation and debt are all at unsustainable levels, yet change has proven nearly impossible for its body politic. GIS experts believe that at the root of the problem are a centralized, corporatist social model and a dysfunctional democracy.

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 GIS Feature
The timid project was further watered down in negotiations with interest groups
read more about it in the report
What's inside
  • France’s economy cannot be fixed without reform of its increasingly calcified political and social system
  • As stagnation sets in, social unrest is growing, but it remains mostly directionless
  • An economically and politically enfeebled France worries Germany, the European integration project’s other pillar
  • Meanwhile, the fiscal clock is ticking: France spends more than 10 percent of its budget on debt interest alone
Who will benefit?
  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possibe effects of current decisions.
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