France has a new president in town and there is general agreement that his “task is immense”, as Emmanuel Macron himself declared several times from his pedestal in front of the pyramide du Louvre. While Macron won a clear majority, … Continue reading Hollande’s failure is Macron’s opportunity: A roundtable discussion with Xavier Ragot
In this ECON+ podcast, we delve in to the French presidential election of 2017. The stakes of the race are high. The incumbent President, François Hollande, declined to run. His Socialist party is divided over its candidate Benoît Hamon, designated by a primary … Continue reading ECON+ Podcast Episode Eight: Presidential Election in France 2017
By Luc Jodet, an Energy Policy Analyst at Futur Facteur 4, Paris
France’s sticky administration means reform is difficult. Return to growth may be a blip.
A surprise expansion of the French economy in the second quarter of this year after six months of recession provided hope that President François Hollande’s policies may finally be working. During a rare one-hour interview on public television earlier in the year, Mr. Hollande promised to deliver a “choc de simplification ”, or a drastic reduction in the level of administrative challenges French businesses face daily.