Nowadays, the real GDP growth seems to be the prevailing worry for every economy. We are going to analyze real GDP growth and employment in France in 2006-2007, in the context of the international economy. Our overall objective is to understand and to interpret growth forecasts for a given country (France), to understand and to analyze the elements contributing to real GDP growth.
To reach this aim, we will first study the international and national environments of the French economy, to judge whether the international and domestic contexts are favorable or unfavorable for the growth in French GDP growth, and for its constituent elements. We will then study the real economy to form a growth forecast. In the second part, we will study successively:
-Contributions to real GDP growth;
-Unemployment rates and capacity of utilization;
-Wages, Price, and Interest rates.
Finally and to conclude, we will try to find an alternative forecast scenario. The first scenario, which we will study in the first two parts, is based on the interpretation of data collected from the INSEE, the Ministry of Finance and sites of the Central Banks, that is to say the "official" sites.
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