Economic Policies of the Rocard Government

This chapter will examine the economic policies of the Rocard Government in the 1988–90 period. The first section will consider economic growth rates and the factors contributing to growth. The second section will examine the factors affecting investment activity. The third section will analyze French foreign trade and the current account. The fourth section will deal with the question if the current account deficit and, more generally, foreign capital needs represent a constraint for French economic growth. The fifth section will review recent changes in employment and unemployment. The sixth section will examine monetary and fiscal policies. The final section will analyze the prospects for the French economy and make recommendations for the future.