What if France is actually doing better?

France’s structural problems (low skill level, insufficient modernisation of companies and low productivity gains, cost competitiveness disadvantage given the level of product sophistication, deindustrialisation and deterioration in the quality of jobs) are obviously still present and will take a long time to correct. However, we are seeing encouraging signs that should not be ignored: Solid job creation, with a greater proportion of long-term employment contracts; Strong expected growth in manufacturing investment; Quite rapid growth in household purchasing power. This is probably the first positive effects of the reforms, which are still obviously far from correcting all structural problems.