Monday, October 20, 2014
Tweet[IWS] OECD: STRUCTURAL REFORMS IN FRANCE: IMPACT 0N GROWTH AND OPTIONS FOR THE FUTURE [in French] [17 October 2014]
IWS Documented News Service
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Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations-------- Director, Institute for Workplace Studies
Cornell University
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New York, NY 10016 -------------------------------Director, IWS News Bureau
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Organisation for Economic Cooperation and Development (OECD)
STRUCTURAL REFORMS IN FRANCE: IMPACT 0N GROWTH AND OPTIONS FOR THE FUTURE [in French] [17 October 2014]
http://www.oecd.org/newsroom/FRANCE_ReformesStructurelles.pdf
[full-text, 28 pages]
Press Release 17 October 2014
The OECD encourages the French government to pursue the ongoing structural reforms to boost growth
17/10/2014 - Full implementation of the structural reforms adopted and announced in France would boost potential annual economic growth by one third, or 0.4 percentage points per year over ten years, according to the OECD.
In a report entitled Structural reforms in France: Impact on growth and options for the future, which OECD Secretary-General Angel Gurría will present this evening to French President François Hollande at a meeting between the French government and the heads of international economic organisations, the OECD indicates that the reforms that have been initiated and announced will have a significant effect on productivity and competitiveness. The resulting boost to growth will be partly channelled through a higher employment rate.
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