Some Recent History
Throughout these past 15 years we have gone through many situations and good and bad times, the famous 9 / 11, president of Fox, the first African American president in United States’ among many other things. But now there is something new, not the crisis that we are moving, it is the inflation of the crown, or increase the size of the breasts of women. As stated by the New York Times: First come the economic inflation and inflation drink now ‘. These data are made available by some manufacturers of bras and Wacoal America, and Elle Macpherson Intimates, who has indicated an increased breast size for women. Main article: Economic History of France
Since its inception, the economic power of France has often been linked to demography. Under Louis XIV, France was the most populous country in Europe and, therefore, the economically dominant. The country was, however, hampered by the structural weakness of its military and merchant fleet. While the first industrial revolution began in England in the eighteenth century (which allows you to overcome France), and then extends to the Benelux, France knew only industrial during the second half of the nineteenth century, thanks to economic liberalization under the Second Empire and the beginning of the Third Republic. At the end of the century, France was a prosperous and powerful country that has overcome the economic power of England and were still expanding and extending their settlements. In 1880, produced 10 of world production. Then, their economic power is gradually weakening as a result of poor economic policies and a low population growth of the agricultural population. The two world wars of the twentieth century, and decolonization, will reduce the economic weight of Europe in general throughout the world, and France in particular.
Between 1946 and 1973 France experienced a period of strong growth (averaging 5 per year) that the economist Jean Fourastie classified Glorieuses Thirty. This strong growth was mainly due to some very important work and a strong increase in productivity. The increase in productivity was due to the technological upgrading regarding the dominant power, the United States because the French economy had a lot economically. Thus, in 1950, the average income of a French represented just over half that of an American (55 ), while reach four-fifths in 1973. The end of recovery coincided with the end of the period of strong growth. The labor force makes little growth during this period, despite the baby boom, because the labor force studies to longer than before. The French economy has benefited from European Common Market, since 1957. France was one of the founding countries of the European Union in the fifties.
The French enjoy a high standard of living, but its meaning is to live a period of crisis since the end of the Thirty Glorious. For a long time, this “crisis” did not prevent significant growth, and maintain enviable world economy, but since the 1980s, the themes of “decline” and the fear of foreign competition (globalization, including the integration European) have been much more important, while economic indicators are increasingly alarming. In particular, unemployment has risen and, despite a decline beginning in 1997, the average unemployment rate remains more than 3 points from the G7 countries. In France in 1990, GDP per capita in PPP represented 75 of GDP per capita of the United States, compared to only 70 in 2006. For years, France has remained the fourth largest economy, and the difference with United Kingdom (2 346 million in 2006) has been low. Instead, the excess in this ranking by China and then by India, it is inevitable.
Some macroeconomic statistics show a significant decrease in one part of international economic classifications past twenty-five years. In 1980, France was one of the world’s richest countries: GDP per capita was the sixth largest in the world, behind the United States, Switzerland, Luxembourg, Iceland and Canada. It was over some economic rivals such as Germany, Japan or the United Kingdom. The standard of living in the Scandinavian countries were also below the level of French. The 1980s were the relative economic decline. In 1994, GDP per capita in France was the thirteenth in the world. Some economies, like those of Germany or Japan, have seen a significant increase. Others have suffered a fall even stronger than the French economy, like Canada (which is recovering since 1995). The next decade was a more pronounced decline. In 2004, GDP per capita in France is 16 or 17 world’s largest. During this period, countries like the United Kingdom (long considered to be in crisis), Ireland (formerly one of the poorest countries of the European Union), following the liberalization of their economies, have significantly increased their level of life. In 1999, the introduction of the single currency under the desire for closer economic cooperation of most countries of the Economic and Monetary Union.
In 2005 the French public debt exceeds 60 of GDP, is to say a cost equivalent to the revenue from income tax.
