United States. Central Intelligence Agency

Summary

United States. Central Intelligence Agency CIA World Fact Book, 2004 — France (2004)

Economy France Economy - overview: France is in the midst of transition, from a well-to-do modern economy that has featured extensive government ownership and intervention to one that relies more on market mechanisms. The Socialist-led government partially or fully privatized many large companies, banks, and insurers, but the government retains controlling stakes in several leading firms, including Air France, France Telecom, Renault, and Thales, and is dominant in some sectors, particularly power, public transport, and defense industries.
Source: Wikisource

United States. Central Intelligence Agency CIA World Fact Book, 2004 — France (2004)

The telecommunications sector is gradually being opened to competition. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. The current government has lowered income taxes and introduced measures to boost employment.
Source: Wikisource

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