France: the hottest economy you’ve never heard of

08 June 2016

France badly needs economic reform. But we shouldn’t let negative news headlines blind us to the fact that the French economy has tremendous potential and that, provided a small number of important but feasible policy changes, it can do very well. Even more auspiciously, an ongoing political realignment arguably makes reform more likely than at any time since Charles de Gaulle founded the Fifth Republic. In other words, there is both an economic and a political case for what one might call ‘Francoptimism.’

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).