France : Selected Issues.

This Selected Issues paper addresses the question of what policy changes in France are needed under European Monetary Union (EMU), as regards the role of fiscal policy in stabilizing the economy. The fiscal strategy over the past two and a half decades is reviewed, and, against this background, an a...

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Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1999.
Serier:IMF Staff Country Reports; Country Report ; No. 1998/132
Online adgang:Full text available on IMF
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This Selected Issues paper addresses the question of what policy changes in France are needed under European Monetary Union (EMU), as regards the role of fiscal policy in stabilizing the economy. The fiscal strategy over the past two and a half decades is reviewed, and, against this background, an assessment is offered concerning the role and scope of fiscal stabilizers in France under EMU. The main conclusions is that over the past two and a half decades, fiscal policy operated in a clear countercyclical way in France, but this reflected essentially the functioning of automatic stabilizers. 
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