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|z 9781451871494
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|a Kabundi, Alain.
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|a Recent French Export Performance :
|b Is There a Competitiveness Problem? /
|c Alain Kabundi, Francisco Nadal De Simone.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2009.
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|a 1 online resource (73 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany, deteriorated. That deterioration seems related to the geographical destination and product composition of trend exports. Faced with an increase in unit labor costs or in its terms of trade, France adjusts relatively less via price and wage changes, and more via employment changes. Given that SMIC convergence resulted in a significant increase in unit labor costs, foreign sector difficulties might be structural. Trade flows relevance and euro area policy constraints highlight the importance of structural reforms that increase markets flexibility.
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|a Mode of access: Internet
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|a Nadal De Simone, Francisco.
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|a IMF Working Papers; Working Paper ;
|v No. 2009/002
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2009/002/001.2009.issue-002-en.xml
|z IMF e-Library
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