G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1003
DP1003 Comparative Advantage and Likely Trade Pattern of the CEECs
László Halpern
发表日期1994-09-30
出版年1994
语种英语
摘要France's post-war growth has gone through four phases. The strong growth performance of the 1950s was helped by a phenomenon of catch-up on best foreign practices, and by a positive effect of capital rejuvenation. Yet the best performance was to follow and covered a period beginning around 1958 and coming to an abrupt end in 1973. The macroeconomic treatment of the oil shock was less than happy, and the supply-side measures came to a standstill. The 1980s proved no better, even though further liberalization measures were taken, this time in the financial markets as well the privatization of significant part of state-owned industry.Despite several waves of liberalization, significantly after the creation of the EEC and the return of the franc to convertibility, both in 1958, and then in the 1980s, France still appears to be struggling and suffering from lingering powerful rigidities. Labour market institutions and human capital accumulation may have replaced protection and inefficient productive capital accumulation as the main source of slower growth.
关键词France Growth Human capital Planning Post-war reconstruction
URLhttps://cepr.org/publications/dp1003
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/530151
推荐引用方式
GB/T 7714
László Halpern. DP1003 Comparative Advantage and Likely Trade Pattern of the CEECs. 1994.
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