Jump to ContentJump to Main Navigation
European Social Models From Crisis to CrisisEmployment and Inequality in the Era of Monetary Integration$
Users without a subscription are not able to see the full content.

Jon Erik Dølvik and Andrew Martin

Print publication date: 2014

Print ISBN-13: 9780198717966

Published to Oxford Scholarship Online: January 2015

DOI: 10.1093/acprof:oso/9780198717966.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 16 February 2019

France in the Middle

France in the Middle

(p.105) 4 France in the Middle
European Social Models From Crisis to Crisis

Jacques Le Cacheux

George Ross

Oxford University Press

France has been an “in between” case, neither prosperous nor declining, with a generous welfare state, strong employment protection, and modest income inequality. Elite values, the high political risks of large changes, and a political system that makes governments vulnerable to small shifts in opinion are among the causes. There has been no shortage of reforms, including supply-side policies and quests for new revenues, but without either harsh neo-liberalism or corporatist adaptability. France’s economy has been comparatively successful, but success has become harder, mainly because EMU has narrowed macroeconomic room for maneuver. High unemployment and dualism have tested the social contract while recent economic crises have tested EMU limits. Low growth reduces revenues and expands unemployment, and new taxation is politically disruptive. Governing political parties and the political system itself may be losing credibility because of deindustrialization, stagnant productivity, and losses in market share. Is France an unexploded ticking bomb?

Keywords:   France, Gaullist statism, dualism, social spending, Bismarckian–Beveridgean hybrid, Eurozone crisis

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .