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French Economic Policy After March 1986

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Abstract

In March 1986 a new majority was elected under the flag of economic liberalism and Jacques Chirac took over the reins of the government from Laurent Fabius. The purpose of this essay is to evaluate the record of the new government in the first year of its existence.

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Notes

  1. Lionel Zinsou, Le fer de lance. Essai sur les nationalisations industrielles (Paris: Olivier Orban, 1985) p. 250.

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  2. Cf. Jean-Jacques Rosa, ‘Les effets du Smic sur l’emploi des jeunes: une analyse bien confirmée,’ Politique Économique, October 1985. This study modifies an earlier OECD analysis that eliminated such effects by introducing a trend factor in youth unemployment that does not have a particular economic justification.

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© 1989 Bela Balassa

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Balassa, B. (1989). French Economic Policy After March 1986. In: New Directions in the World Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10588-5_18

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