Oecd Economic Surveys : France 2011

The 2011 edition of OECD's periodic survey of the French economy. This edition includes chapters covering the recovery, bringing down the public debt, making the housing market work better, and France's environmental policies.

Basic Statistics of France Executive summary Assessment and recommendations Chapter 1. Securing a lasting recovery -The economy is gradually recovering from a severe recession -Clouds still hang over the European financial system -Labour market reforms have advanced but still have far to go -Putting emphasis on the supply of output -Annex 1.A1. Progress with structural reforms Chapter 2. Bringing French public debt down: The options for fiscal consolidation -France has a long track record of budget shortfalls -Reducing the public debt is crucial -The government intends a smooth path for fiscal consolidation in the coming few years -Strengthening the fiscal framework by introducing a structural deficit target... -... and creating an independent fiscal council -Reducing budget deficits by cutting public expenditures -Reducing budget deficits by raising revenues Chapter 3. Making the housing market work better -The macroeconomic importance of housing -Is there a housing crisis? -Housing policies in France -Limiting distortions -Making the housing market more fluid and transparent -Increasing competition in the housing sector -France int he spectrum of social housing systems Chapter 4. France's environmental policies: Internalising global and local externalities -Contributing to global climate change mitigation -Waste production and management -Water pollution and management