Categoría: Historia Económica

Industrial advances

Transport networks and factories are often found in poor condition or become obsolete due to technological progress accelerated by war. Reconstruction does not simply mean rebuilding what was destroyed or returning to previou…

French reserves

The risk of depletion of France’s foreign exchange reserves forced the government to seek external financing, particularly from the International Monetary Fund. Trade liberalization was suspended on June 18, 1957, and a new e…

Structural evolution

It is also necessary to look for less temporary causes of the improvement in external payments within the country’s structural evolution. The text of the Fourth Plan, published in November 1961, states in this regard that the…

Economic growth in western countries

Economic history, from the end of the reconstruction period—that is, since 1950—is profoundly different from that of the interwar period. Industrialized capitalist countries have experienced, for more than fifteen years, a ve…

Inflationary imbalances

For several years, Western countries—and particularly within the OECD—have discussed the conditions required for “sound expansion” or “balanced growth.” Countries such as France and Great Britain, which did not benefit from l…

Fundamental choices

From 1947 onward, fundamental economic decisions were guided by planning, making it unlikely that the success of French trade after 1958 can be attributed solely to a continuous short-term policy “miracle.” The Third Plan emp…

Planning and Growth

Beyond cyclical difficulties and the imbalances encountered by the French economy along its path, since 1950 the overall results can be considered satisfactory. With an average annual GDP growth rate of around 4.5%, France ra…

French plans: the second plan

The need to increase the productivity of enterprises, improve professional training, and organize markets was strongly emphasized. Global objectives were established: national output was expected to grow by 25 percent and ind…

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