European Parliament Library

France :, Selected Issues Paper

Abstract
This note estimates potential output for France during 1980–2010, using three distinct approaches, and discusses long-term growth prospects. The focus on capital taxation highlights the need for a broader reform of the French tax system to address the features that hamper job growth, investment, and productivity growth. This paper analyzes the impact of Basel III capital requirements on French banks and the French economy, and proposes policy recommendations. French banks should be able to meet the new requirements through earnings retention
Table Of Contents
Cover; Contents; I. France's Potential Output during the Crisis and Recovery; A. Introduction; B. Stylized Facts; C. Estimating Potential Output; D. Long-Term Growth Prospects and Policy Implications; References; II. Toward a Growth-Oriented Tax System for France; A. Introduction; B. International Comparisons and Recent Trends in French Tax Revenues; C. The Burden of the French Tax System and a Roadmap for Reform; D. Conclusions; References; III. The Macrofinancial Impact of Basel III Capital Requirements; A. Introduction; B. Potential Impact of Basel III on French Banks
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (61 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781463900113

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