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Recent French Export Performance Is There A Competitiveness Problem 1st Edition Alain N Kabundi Francisco Nadalde Simone

  • SKU: BELL-51713834
Recent French Export Performance Is There A Competitiveness Problem 1st Edition Alain N Kabundi Francisco Nadalde Simone
$ 31.00 $ 45.00 (-31%)

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Recent French Export Performance Is There A Competitiveness Problem 1st Edition Alain N Kabundi Francisco Nadalde Simone instant download after payment.

Publisher: International Monetary Fund
File Extension: EPUB
File size: 4.76 MB
Pages: 75
Author: Alain N. Kabundi; Francisco Nadal-De Simone
ISBN: 9781451915853, 1451915853
Language: English
Year: 2009
Edition: 1

Product desciption

Recent French Export Performance Is There A Competitiveness Problem 1st Edition Alain N Kabundi Francisco Nadalde Simone by Alain N. Kabundi; Francisco Nadal-de Simone 9781451915853, 1451915853 instant download after payment.

Recently, the export performance of France relative to its own past and relative to a major trading partner, Germany, deteriorated. That deterioration seems related to the geographical destination and product composition of trend exports. Faced with an increase in unit labor costs or in its terms of trade, France adjusts relatively less via price and wage changes, and more via employment changes. Given that SMIC convergence resulted in a significant increase in unit labor costs, foreign sector difficulties might be structural. Trade flows relevance and euro area policy constraints highlight the importance of structural reforms that increase markets flexibility.

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