How to reflate France’s economy Essay

IntroductionThere argon two different ways to admirer Frances economy get patronize on track. They are austerity and take onth. austerity programs consist in a answer of policies established by governments in financial debt difficulties. These policies aim to reduce disbursal for ordinary goods and services. (Example in France, with president Sarkozy, approximately 150.000 cultivated servants were fired, this decreased the amount of currency utilize to pay endure civil servants in France, which in turn, do it possible to run the rural without having to borrow as a lot silver). product programs consist in increasing the gross domestic product and spending money, to reflate the economy. Of cut across this money has to come from aroundwhere, so growth programs ofttimes include imposing a carry on of taxationes. (Example in France, with president Hollande, taxes were imposed on bank profits, and taxes on the richest part of the universe of discourse were increased) . Economists are very divided on this subject, and both of theoretic all last(predicate)y work it depends of the billet we are in.Economic Program austerity is a unmindful term resolving nonwithstanding a countrys economy can non rely on it forever. This is why as a president it would be good to fount by making the debt of France smaller, then using this to our advant shape up, andFirstly, we do to call for France more competitive. To do this, we leave alone replace the work time of the french, and their minimum get a yen of markment. Today, the French work on a minimum basis of 35 hours per week, and retire at a minimum age of 60. To animate France more competitive, we forget miscellanea these to 40 hours, and an age of 64. The reasonable bearing span keeps on rising convey to better health care it would only go well for the economy if tidy sum were to work a few geezerhood more, because in that respect would be less to pay for hatful who work. The 40 hour s impart be payed the same, because if there were the same amount of workers in a company but all of them had to be payed more, the company in headland would either lose money in paying them, or fire a part of them.To increase competitivity, we have to exonerate the price of production in France overturn, so that fewer companies send their production in China for example. To do so, we have to diminisheder the national insurance contribution payed by the employer to pay his workers in France. Products that are made in France leave therefore be more expensive because the workers are payed in France than in China for example. To counter this, we leaveing sum a tax on products (depending on the price of the product) made in countries that have very cheap labor. (China, Vietnam, Turkey, Thailand, etc) This impart put down part of the production back to France, and the loss of money in the morose of the national insurance contribution entrust be hatchd by the tax.Next, we p ass on reduce the salaries of the ministers and the president. The salaries of the ministers is presently of 9940 euros (Under president Hollande), which forget be trim back by 30%, passing them with 6660 euros per month. The salary of the president is now of 14 910 euros (Under president Hollande) it lead be reduced by 40%, leaving the president with 8950 euros per month. We would likewise stop having mayors in every single city, and do the likes of in the U.S.A, which is to instate a governor for distributively department. This governor would be in pull of all the cities in his department, and when a conclusiveness is to be made, 20 inhabitants of the department allow for be called, to h gray-headed a citizens committee and arouse the close. It testamenting be a duty, which means the inhabitants will have to go. This will help the economy, as there will be only one somebody to pay per department, and not dozens of mayors, it also gives a voice to the citizens in dec ision making.There are many people who are unemployed in France (10%) and nail unemployment benefit for a very long time, without trying to find work. As this does not motivate them to find one because they adjoin money without doing anything, we will keep on giving this unemployment benefit, but only for 2 months, the time for them to find work. This reform will motivate them to find work, this way they will be productive, therefore helping a company or industry to grow, and money will not be wasted. This stir will of course also defecate unemployment decrease. menial companies are very all important(predicate) to the economy, as they might end up as the next multinationals, but they are heavily taxed, which controls them very hard for them to grow. If we make these taxes smaller, people would be encouraged to start their own companies, and this will cause employment. Small companies that are already created will grow faster, and will create jobs, which will make the company itself more productive.These jobs will be there for the population receiving unemployment benefit. There will be a loss if we upright relieve taxes on small companies, so we will compensate this by taxing bigger companies, which have already emerged, because they will not be affected by a tax as much as a small company. (The tax in question will not be too strong it will just be enough to compensate for the loss in the tax support on smaller companies)Education is a very important part of the French economy. Schools are here to train the future(a) generations of workers. Access to nurture is free instantly in France, but the quality of this education is sometimes questionable. Firstly, there are not enough professors in the schools. It is logical that if there were to be one professor for 25 students, the quality of the education they would receive would be better than today, where we have in just one professor for 30 students.To compensate this lack of professors in schools , we will create 12000 jobs for professors in school this will make the student/professor ratio smaller, which will increase the quality of the education received. To give out a professor, you have to be happy two course of instructions in a university. This is not enough, considering the disciplinary problems in some schools. Professors should have 3 course of studys of drop off training, which would include a deeper disciplinary course, article of belief methods, etcThe principal sectors of production of France are tillage, energy, tourism, cope and industry (France is one of the first industrial powers worldwide). Mass market retailing is strangling the sector of trade, as it attracts the clients of little traders and makes business deal profit out of it it also allows itself to bargain for products at very low prices from producers (Farmers in the case of a supermarket). To resolve this problem, we would add a tax on products bought in mass market retailing services, which would bring clients back to the little traders, so that they bustt die out. Little trades do not buy products as low priced as supermarkets do, which would make money for producers. In the case of a supermarket, the trade and agriculture sector would both benefit from this tax.A French household produces in average 16.4 tons of Co2 every year this is far too much. To avoid this, and maintain the environment, a tax will be imposed on households that end the year with more than 16 tons of course this number will decrease every year to improve the given results. renewable energies provide 13% of the electricity requisite in France, nuclear energy provides 76% and fossil fuels provide 11%. We would authorize in research for renewable energies (Hydro-energy, poke energy, solar energy), and close down the around risky nuclear reactors. (For example the 4 reactors in Blayais, Braud-et-Saint-Louis, which are not very productive and are very old and unsafe).ConclusionAs a preside nt, I would go towards austerity first, to reduce the debt of France, and to have more possibilities in my actions later. France is already in a dangerous situation, and going into a politic of growth would be spending too much money that we mountt have (Which is why I chose austerity as a short term solution), and it would be too much, France would go into a recession. After a item of austerity (Which means after having reduced the debt), I would have gone in a politic of growth, which would have throw Frances economy back on track.