Abstract
France is currently one of the leading countries of the world. However, the present situation appears fragile as France seems unwilling to accept and face the challenges brought about by globalization. People in France, as well as their representatives, have trouble accepting the trend towards free markets, deregulation and decentralization as they consider it as a threat rather than an opportunity. Despite these drawbacks, France has managed to maintain its top rank intact. The question, however, is whether it can last.
