From Franc fort to Franc faible twelve years of French economic policy
Author: Cadot, Olivier ; Fatás, AntonioINSEAD Area: Economics and Political SciencePublisher: Fontainebleau : INSEAD, 1996.Language: EnglishDescription: 15p.Type of document: INSEAD CaseNote: Latest version available via https://publishing.insead.eduAbstract: This case focuses on macroeconomic policy in France during the period 1981-93. The early socialist attempt at reflating the economy during 1981-82 is critically reviewed, suggesting lessons that go beyond the case of France. The case then reviews the franc's stabilisation and the concomitant rise in unemployment over 1983-93Pedagogical Objectives: The case is designed to illustrate the key trade-offs in macroeconomic policy, the logic of government choices and their impact on business. The case also serves as a useful introduction to a discussion of economic and monetary union (EMU) issues including the single currency and the Maastricht convergence criteria.| Item type | Current location | Collection | Call number | Status | Date due | Barcode | Item holds |
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Europe Campus INSEAD Publications Display | Consultation only | BC000250 |
Latest version available via <a href=https://publishing.insead.edu>https://publishing.insead.edu</a>
The case is designed to illustrate the key trade-offs in macroeconomic policy, the logic of government choices and their impact on business. The case also serves as a useful introduction to a discussion of economic and monetary union (EMU) issues including the single currency and the Maastricht convergence criteria.
This case focuses on macroeconomic policy in France during the period 1981-93. The early socialist attempt at reflating the economy during 1981-82 is critically reviewed, suggesting lessons that go beyond the case of France. The case then reviews the franc's stabilisation and the concomitant rise in unemployment over 1983-93
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