Report
Patrick Artus

Is social cohesion threatened in France?

In France , there is often talk about the need to restore social cohesion, but is it threatened in France? That is the case if: The size of redistribut ive policies declines and income inequality after redistribution) increases; The employment rate declines and the structural unemployment rate rises; The weight of "low-quality" jobs increases; The generosity of social welfare declines; The education system increases inequality instead of reducing it. We see that in France, social cohesion is threatened by the (slight) increase in inequality, youth unemployment, the fall in manufacturing jobs and the rise in inequality caused by a poor education system. But, on the contrary, redistributive policies are large-scale, the employment overall rate is rising, and social welfare has become more generous. So everything is not negative.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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