France GFC

Question 1

what do Pontusson and Raess show in 2012?

Answer 1

Spending did increase with a positive variant in fiscal stimulus per 1% of GDP contraction

Question 2

How much money did the French government give to Opel?

Answer 2

7.8 billion Euros

Question 3

what was the 2010 level of public debt/sovereign debt?

Answer 3

81.6% of GDP

Question 4

What type of capitalism is the French ?

Answer 4

state led capitalism, dirigisme state

Question 5

according to OECD what is the percentage growth of GDP per capita for France 2008 to 2016

Answer 5

19.2%

Question 6

What is the state of the current French economy\?

Answer 6

Economy currently struggling with high unemployment (10.2% of the work force) (Germany has 4.3%)

Growth is slow though according to OECD

Insiders and outsiders (a dual labour market)

Question 7

what proportion of under 25s do not have jobs who would like one?

Answer 7

one in 25 who want a job don’t have one

Question 8

GDP per person as an indicator of average living standards, grew how?

Answer 8

between 1995 and 2007 it was the slowest period of growth than ever before (BBC) -

Question 9

SPAIN rate of unemployment?

Answer 9

18.4%

Question 10

Greece unemployment?

Answer 10

23% (peak was 26.1% 2012)