In: Economics
In 400-500 words please discuss how Indicative Planning has hindered or aided the French Economy and also give a brief overview of the relationship between France and the European Union.
Indicative planning was first attempted in France. The French plan was somewhat successful because it was not forced to fulfill the wishes and expectations of the people.
French indicative planning was founded by Pierre Mass. There are three stages in the indicative planning process 1. Data collection: - - Forward and backward - Development in industries and technology. 2. Concert: - Groups of employers and unions. People, women, groups, etc 3.consistency.
Indicative plans and industrial policies in France: - In September 2003, the French Ministry of Finance launched a program of 34 industrial projects. The goal was to link new technologies with existing industries.
It includes renewable energy for traditional industries that need modernization and new technologies such as ICT. The program defines a broad area of interest and provides implementation details to public and private companies and university research laboratories.
Indicative planning takes into account only endogenous market uncertainty and plans the economy accordingly, and does not look outward. Uncertainty about technology and foreign trade. When using index planning, the state uses influence, subsidies, grants, and taxes.
France and European Union
France is in the European Union and there is no underlying hostility towards Britain's membership, but mainly because the French government ignores what its citizens don't like or think they will oppose.
Britain has always obeyed and enforced the laws, and France has shrugged in Gaelic because it is often too responsible in doing so. Britain had to change a lot to join the then common market, weights and metric measures, decimal currency, and our former Commonwealth trading partners, but France paid no attention to it.
The European Union is seen as dictatorial and French hatred tells them what they can or cannot do, so France is fined. The European Union and its inability to deal with the immigration crisis is another factor that classifies Turkey as a country with the potential to join.
The high unemployment rate of 9% blames the European Union, with inflation hovering around 3%. The euro is not popular with older generations who remember Frank, and many believe that it is better not to join a single currency, but they also understand that the euro wants to stay here. After so much mourning and sighing, France will never leave the EU.
It is a fact accepted by the European Union that the blue flag with yellow stars still flies near the tricolor and will continue to do so. There is no time for a frexit, and some catastrophe is needed to satisfy the French demand.