France: Restoring Competitiveness [electronic resource] /
Organisation for Economic Co-operation and Development.
Organisation for Economic Co-operation and DevelopmentContributor
Organisation for Economic Co-operation and DevelopmentContent Provider
Paris : OECD Publishing,
2013.
This report summarizes key recent key finds by the OECD relative to the French economy. Overall it finds that productivity is high but not dynamic enough to sustain growth. In particular, it looks at boosting research and encouraging innovation, strengthening competition and the regualtory framework, making the public sector more efficient, reforming taxation to promote employment and investment, improving the performance of the education system and vocational training and improving the functioning of the housing market.
Chapter I. Overview  2 -Productivity is high but not dynamic enough to sustain growth 2 -A structural deterioration in competitiveness 9 -Economic policy considerations 12 Chapter II. Boosting Research and Encouraging Innovation 15 -France has a powerful edge in several high-tech sectors, but its innovation system is not very effective 15 -Recent reforms and policies should be pursued but also evaluated  20 Chapter III. Strengthening Competition and the Regulatory Framework 24 -Overview  24 -Strengthening competition in retail trade 25 -Strengthening competition in the transport sector 26 -Strengthening competition in the energy sector 26 -Class-action lawsuits  27 Chapter IV. Making the Public Sector More Efficient 29 -Recent efforts at modernising the public sector 30 -The budget as a tool for making better use of staff 33 -Reducing the regulatory burden on the economy, including the public sphere 33 -Making decentralisation work better 34 -Promoting integrity and transparency in public life.37 Chapter V. Reforming Taxation to Promote Employment and Investment 40 -Taxing labour discourages employment  42 -The corporate tax rate is relatively high, but its base is narrow 43 -Reforming taxation to support investment, employment and competitiveness 44 -Underperformance of younger and older people on the labour market and a more marked duality 47 -Key recent OECD recommendations for a more efficient labour market 53 Chapter VII. Improving the Performance of the Education System  55 -Good results by and large but increasing inequalities  55 -Improve the quality of teaching and the imparting of knowledge in primary and secondary education 57 -Better action to prevent school failure  58 -Improve the equity and efficiency of higher education 60 -Ease the transition from school to work 61 Chapter VIII. Improving Vocational Training 62 -Identify adult skills and employer requirements 62 -Strengthen initial vocational training 63 -Improve in-service vocational training  68 Chapter IX. Improving the Functioning of the Houseing Market 72 -An excessive channelling of resources into the construction industry damages business competitiveness 72 -Estimation of the impact of house prices on exports  74 -The role of housing policy  75 Annex 1. Position of France in global value chains: first lessons from the TiVA database 77 -Length of value chains and French specialisation 77 -Position of France in global value chains 78 -Revealed comparative advantage 79 -Origin of value added embodied in exports 81 Annex 2. Sectoral information 83
This report summarizes key recent key finds by the OECD relative to the French economy. Overall it finds that productivity is high but not dynamic enough to sustain growth. In particular, it looks at boosting research and encouraging innovation, strengthening competition and the regualtory framework, making the public sector more efficient, reforming taxation to promote employment and investment, improving the performance of the education system and vocational training and improving the functioning of the housing market.
Bibliographic Level Mode of Issuance: Monograph
Economics
Business & Economics
Economic Theory