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France Encounters Globalization (Hardcover)
Loot Price: R3,367
Discovery Miles 33 670
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France Encounters Globalization (Hardcover)
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This book is the first in English to comprehensively examine the
French economy and how it is adjusting to the exigencies of an
increasingly globalized environment. The opening of the French
market to international competition has forced recent governments
to realize that the old closed model in which France had
considerable autonomy over policy is no longer valid. French
solutions to domestic problems had to be given up in the early
1980s. Changes in technology have had dramatic impacts on the
comparative advantage of French producers and the necessary
restructuring has been far from easy. These twin aspects of
globalization have also altered the situation of France's various
regions and urban economies and the highly centralized structure
has come under pressure. This has forced a change in the thinking
of French public and private sector leaders. The role of the state,
the degree of intervention, the extent of control over the domestic
economy, and the need to be accommodative to market forces have all
been subject to public debate and to fundamental reconsideration.
While this is a book on the French economy, Kresl and Gallais deal
with issues, challenges, and processes of change and adaptation
that are facing all of Europe, and indeed all industrialized
economies. Economists, political scientists, business scholars and
anyone interested in globalization will find this comprehensive
study engaging and topical.
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