“The actors of the French economy are responsible for part of its loss of competitiveness” | EUROtoday

LA low competitiveness of France might be revealed by the evaluation of the commerce stability of commercial merchandise. It shows a deficit, in annual fee, of 63 billion euros on the finish of 2024, essential for tools and middleman items however in quasi-balance for client items. And if the stability for agricultural merchandise can also be virtually balanced, that for vitality is in deficit of 44 billion euros at an annual fee on the finish of 2024. From an extended historic perspective, the overall commerce stability of France was surplus from 1992 to 2005, then it skilled, from 2006, rising difficulties. Regarding manufactured merchandise, the commerce stability, surplus till 2006, is experiencing a deficit which as we speak reaches 50 billion euros per 12 months.

France shows industrial surpluses solely in three sectors: the aeronautical and house business (+ 29 billion euros in 2024), luxurious (+ 40 billion euros) and agricultural and meals industries (+ 6 billion euros).

The explanations of this fixed degradation of the commerce stability of products, excluding vitality, of France are of varied varieties. The former fall underneath unsuitable financial insurance policies – such because the excessive stage of manufacturing prices, together with social contributions -, tax stress and extreme rules. Others are linked to the low stage of qualification of the lively inhabitants, that’s to say to the poor high quality of the French schooling and persevering with schooling system. Finally, some end result from the habits of French corporations, which make investments however don’t rob sufficient and whose analysis and improvement bills (R&D) are inadequate.

In 2022, one hour of labor within the manufacturing business value the employer (together with social contributions) 47 {dollars} (43.80 euros) in France, 49 {dollars} in Germany, however solely $ 34 in Italy, $ 28 in Spain, $ 12 in Poland, $ 13 in Turkey, $ 15 in Portugal, $ 9 in Romania, $ 28 And $ 7 in China, in response to the International Labor Organization.

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