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Is There a Cure for France's Economic Maladies?

MIN READMay 2, 2017 | 09:00 GMT

Is There a Cure for France's Economic Maladies?
When French voters go to the polls May 7, they will choose between Marine Le Pen and Emmanuel Macron to become president. Whoever wins will inherit an economy beset by unemployment and low growth.

(ERIC CABANIS/AFP/Getty Images)

The next French president will inherit an economy mired in debt, saddled with high unemployment and lukewarm growth, and unable to effectively outcompete its European peers. Whether voters choose Emmanuel Macron or Marine Le Pen in the May 7 presidential runoff, if the winner does not carry parliament in elections to follow, prospects for enacting his or her economic agenda will be dim. Either way, turning the French economy around will take a combination of spending and policy changes that will be difficult to institute....

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