This case focuses on macroeconomic policy in France during the period 1981-93. The early socialist attempt at re-inflating the economy during 1981-82 is critically reviewed, suggesting lessons that go beyond the case of France. The case then reviews the Francs stabilisation and the concomitant rise in unemployment over 1983-93.
This case focuses on macroeconomic policy in France during the period 1981-93. The early socialist attempt at re-inflating the economy during 1981-82 is critically reviewed, suggesting lessons that go beyond the case of France. The case then reviews the Francs stabilisation and the concomitant rise in unemployment over 1983-93.
Macroeconomics, Fiscal Policy, Economic Growth, Business Cycles
