French household savings and the related problems

We analyse French household savings , i.e. their: Level; Structure; International diversification; Use. The key questions are as follows: The match between the structure of savings and the economy’s needs; French household savings are suitable for an economy where the financing is provided by banks and by unlisted shares and finance the fiscal deficit, not an economy that is disintermediated in the financial markets; The international under-diversification of savings; The efficiency of the use of savings, which may be low since it is used to finance the government, housing and companies’ accumulation of cash .