Author (Person) | Tilford, Simon |
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Publisher | Centre for European Reform (CER) |
Series Title | Insight |
Series Details | September 2014 |
Publication Date | 24/09/2014 |
Content Type | Journal | Series | Blog |
France has some supply-side problems: very high non-wage labour costs deter employment; and parts of the service sector urgently need an injection of competition. But these are secondary to those of its problems that stem from self-defeating austerity and chronically weak domestic demand elsewhere in the eurozone. Without change to the latter France could yet come to justify the ‘sick man of Europe’ tag. |
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Source Link | http://www.cer.org.uk/insights/how-brussels-medicine-killing-%E2%80%98french-patient%E2%80%99 |
Subject Categories | Economic and Financial Affairs |
Countries / Regions | Europe, France |
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