FRANCE Globalization

8/3/2019 FRANCE Globalization

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France remains one of the largest

and most competitive trading

entities in the world.

Globalization has produced strong

gains in both manufacturing and

services trade. Export growth to

developing nations has been notably

strong, benefiting various companies

and industries.

SOLID GAINS IN BOTH EXPORTS

AND IMPORTS


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France has experienced net outflows

over the past decade, although France

remains one of the most attractive

destinations in the world for

multinationals.FDI outflows have helped boost the

competitiveness and earnings of

French multinationals. FDI inflows

have helped create jobs and boost theincomes of French workers.

STRONG

OUTFLOWS/INFLOWS


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France has enjoyed greater access

to the global savings pool, a

dynamic that has helped fuel

investment in France and boost

foreign ownership of Frenchequities.

STRONG INFLOWS


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Greater labor mobility in the EU and

net inflows to France have provided

new sources of supply and demand for

French firms; immigrants will act as an

offsetting factor to decliningpopulations and the EUs and Frances

aging population.

GREATER MOBILITY


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France remains one of the largest and

most competitive trading entities in

the world.

Globalization has produced strong

gains in both manufacturing andservices trade. Export growth to

developing nations has been notably

strong, benefiting various companies

and industries.

LOWER


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Low interest rates have been key in

promoting real growth in France. The

lower cost of capital has benefited all

stakeholders in France, notably

corporations and consumers.

STRUCTURALLY LOWER


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Employment growth has slowed; labor

regulations remain a concern, but new

legislation is promising and greater

cross border trade/investment has onbalance helped create jobs.

NET GAINS


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Notably beneficial to french

consumers, with lower Import costs, a

greater variety of goods to choose

from.

The EC estimates that every EUhousehold would gain 5,000 annually

if Europe capitalized on globalizations

gains.

NET GAINS


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Real wages have increased over the

past decade, a trend supported by

lower inflation, greater competition,

more product choice and availability.

MODEST INCREASES


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Real growth has trended higher in

France, yet lags behind the U.S. and

developing nations.

Notwithstanding periods of weakness,

globalization has been a significantboon to Frances exports and French

competitiveness.

UPWARD BIAS


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France needs to raise its technological

capabilities and leverage existing

technical skills. Greater dispersion of

technology has helped boost greater

trade in services and allowed

companies in France to access more of

the global technology skills ofdeveloping nations.

NET GAINS


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FRANCE Globalization

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