Report on France

Pierre Berger

Chapter 15 in The ‘New Inflation’ and Monetary Policy, 1976, pp 277-288 from Palgrave Macmillan

Abstract: Abstract The French economy is characterised by a certain inflationary tendency, the degree of which has been distinctly higher for two or three years now. Under the influence of monetary, economic, sociological or even political factors which have appeared in the Western world as a whole, a movement of acceleration has recently sharpened the internal tendencies towards disequilibrium. It would be rash to speak here of new inflation for, with the exception of periods of abatement, the longest of which lasted from 1928 to 1936, France has been living with inflation for practically sixty years.

Keywords: Interest Rate; Monetary Policy; Central Bank; Money Supply; Real Term (search for similar items in EconPapers)
Date: 1976
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-02738-5_15

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DOI: 10.1007/978-1-349-02738-5_15

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