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Which Way for Mr Hollande?; French Economic Policy
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 406 no. 8823 (Feb. 2013)
,
page 47-48.
Topik:
Economic Policy
;
Politics
;
Politicians
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.75
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The longer Francois Hollande spends in office, the more it takes sharp eyesight and a clear head to follow his economic policy. Since his election last May, the Socialist president has mixed tax-and-spend measures with efforts to improve competitiveness. The rich feel squeezed; firms are annoyed by anti-business talk. Yet,with GDP shrinking in the fourth quarter of 2012 and job losses mounting, the man elected on a leftist programme is accused of a swerve to the reformist centre. What is Mr Hollande up to? In his first few months he ticked off items on his manifesto. Returning from his summer break, Mr Hollande seemed like a man with the luxury of time on his side. What followed in October was, therefore, sprung on an unsuspecting public. After a damning report on French competitiveness by Louis Gallois, a left-leaning industrialist, Mr Hollande announced EUR 20 billion of tax breaks for companies employing low-wage labour, to compensate for high social charges.
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