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Vive la différence!
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The French system what works and what does not work compared to the Anglo-Saxon systems of Britain and the USA. Health care works, public transport and high speed rail works, nuclear energy and the energy industry works, education works for small elite universities but fails in the larger system. The large public projects are executed well, and France has done well with its long tradition of the state building infrastructure projects. But when it comes to individual initiative and starting up new companies such as in computers and high tech of that kind, France does not do so well. And the state collects a larger proportion of taxes than in other countries to finance these benefits. France is also good at rule making, which serves it well in controlling the kinds of bubbles that regularly hit the Anglo-Saxon countries. And with 21% of jobs of all workers in France in the public sector and government, with 49% when one includes related sectors protected from economic downturns, the French workers are much better protected than workers in Britain, USA and other countries from economic downturns. Unemployment stays high in upturns and at 8%, and in downturns does not go too far above 8%.
France's system and the U.S. and UK systems compared in the 2008-2009 global financial crisis
05/07/2009
Grouped Articles
Economist 05/07/2009
Shifting sentiment for Stimulus in France and Germany as job losses mount.
01/04/2008
German GDP contraction according to Commerzbank estimates in late March show 6-7% GDP contraction in 2009. France with a smaller capital goods industy, is projected to drop 4%. Sentiment in both countries is shifting to larger Stimulus.
Grouped Articles
Wall Street Journal 05/29/2013
Economist 05/07/2009
Germany Posts Month 21 of Declining Jobless Rate
New York Times 01/04/2008
Europe’s Central Banker Engineers His Economics
New York Times 02/05/2008
Unions Wage New Strikes in Germany
Wall Street Journal 03/06/2008
For Europe’s Middle-Class, Stagnant Wages Stunt Lifestyle
New York Times 05/01/2008
The French health care system and its costs, comparison with the American system of health care.
06/28/2007
The rising costs of the French system and its concept and performance. Efforts to meet rising costs and rise of the "mutuals." Healthcare in France is at about 11% of GNP compared to 16% in the USA, with 50 million uninsured in the US and 99% of 64 million people of France covered. Pricing of pharmaceutical products and healthcare services remains a major unsolved problem in the U.S.
Grouped Articles
The Soaring Cost of a Simple Breath
New York Times 10/12/2013
New York Times 12/21/2013
The French Lesson in Health Care
BusinessWeek 06/28/2007
New York Times 07/14/2007
In Holland, Some See Model For U.S. Health-Care System
Wall Street Journal 09/06/2007
Maker of Lipitor Digs In to Fight Generic Rival
New York Times 11/03/2007
France's stimulus spending
01/22/2009
The spending of 75% of stimulus money in 2009.
Grouped Articles
Wall Street Journal 05/29/2013
Economist 05/07/2009
France, Unlike U.S., Is Deep Into Stimulus Projects
New York Times 07/07/2009
Government Spending Is No Free Lunch
Wall Street Journal 01/22/2009
The gap between stimulus money infrastructure spending timelines in the U.S. and China and France- 2009-2012
01/22/2009
China moved the fastest, the USA very slowly, with two different political systems and sense of crisis, and infrastructure project speed capabilities. The French also moved quickly. Of $37 billion in spending for infrastructure stimulus, about 75% will be completed in 2009. India is slow but France's experience shows democratic governments or political systems are not necessarily the cause of slow execution.
Grouped Articles
New York Times 09/06/2011
Wall Street Journal 05/29/2013
Economist 05/07/2009
France, Unlike U.S., Is Deep Into Stimulus Projects
New York Times 07/07/2009
Lots of Stimulus Money and Concerns About Where to Put It to Work
New York Times 10/23/2009
China Sees Growth Engine in a Web of Fast Trains
New York Times 02/13/2010
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