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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.
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Reference 4567
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Published 01 Sep 1996
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Length 15 page(s)
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Topic Economics & Finance
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Region Europe
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Industry Financial Services
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.