At the heart of this conflict is not only the politics of Royal and Sarkozky, or the pitting of ideals of the Socialists against the Rightists, but also the more crucial macroeconomic issues the country face, the extent of the government's efforts to provide solutions to these quandaries and the future political and economic stability of the country. It is therefore, crucial to understand the major macroeconomic issues which plague France as a nation and evaluate the actions and the success the government has taken in order to achieve economic stability.
One of the key issues, which challenge the nation in recent decades, is the high rate of unemployment. The French government in the past has taken diverse approach and initiatives to spur growth and employment. However, the approach was not feasible to provide solutions to the problem of rising unemployment rate (OECD, 2007). The OECD has encouraged the French government to bring forward measures that could advance structural changes in the economy. ...Show more