What Is The Cause Of France's Decline In Economic Freedom?

143 Words1 Pages
The French Republic has an economic freedom score of 62.5, making its economy the 73rd freest in the world. France has experienced a decline in economic freedom by over 2.0 points, particularly because of government expansion within the country. Out of ten economic freedoms, the score of five freedoms has fallen and the country has been damaged with high levels of unemployment and structural deficiencies. To increase economic efficiency and competiveness, the government has aimed for reforms; however, advancement has been slow.

Although there is little demand for private property, inefficient regulations have caused it to be beyond expensive. However, property rights and contract enforcement in France are very well protected. France has

More about What Is The Cause Of France's Decline In Economic Freedom?