Say “Oui” To FranceNicole Outen

Lameka Fields

3145-02

11/20/12

Objectives Brief History

General (Economic & Demographic)

Economy Structure

Role in Global Business

Factors

Opportunities

Conclusion

Brief History The Celtic Gauls were the first inhabitants of France in 1500

and 500 BC. By 52 BC, they lost the territory to Julius Caesar and in the 5th century, the Franks (thus 'France') and other Germanic groups took over the country

Napoleon is still remembered as a hero because of his constitutional and legal policies and reforms.

Geopolitical Imperatives Secure a Larger Hinterland

Always look East

Maintain influence in Regions beyond Europe

Flexibility

General ECONOMIC DEMOGRAPHIC

France has the fifth largest economy in the world by nominal figures, and by PPP figures ninth largest

The Gross Domestic Product per capita in France was last reported at 23016.85 US dollars in 2011, according to a report published by the World Bank. The GDP per Capita in France is equivalent to 186 percent of the world's average.

Population: 64,768,389

Religion: Roman Catholic

Language: French

Ethnic Groups: 8% of the population is Italian

Education (Literacy): age15 and over can read and write

Life Expectancy: total population is 81 years old

Structure of the Economy France has a mixed economy of Capitalist and Socialist

Capitalist: private ownership of capital and other means of production

Socialist: gov’t directs economic activity and owns all or part of most industries

Key Sectors:

Agricultural: Totaling more than 7% of French exports, it is one of the few sectors to have a trade surplus and helps to limit the weakening of the trade balance

Industrial: (Manufacturing sector) which develops products ranging from consumables to items related to the automobile industry, electronics and intermediate goods

Role in Global Business • Exports: totaled $456.8

billion

Machinery and transportation equipment and aircraft

Plastics, chemicals and pharmaceutical products

Iron and steel

Beverages

Imports: totaled up to $532.2 billion

Machinery and equipment

Vehicles and Aircraft

Crude oil

Plastics and Chemicals

Risk Factors France is a CRT-1 country with low levels of risk

Economic (Very Low level): Economic growth remains sluggish under the pressure of tighter fiscal policies and a worsening labor market. Growth is forecasted to remain between 1% and 2% for the next number of years. France is targeting a budget deficit of 3% of GDP by 2013 which will be a challenge due to slow growth and lower tax revenues

Political(Low): The lack of labor flexibility in France is one obstacle that must be overcome to improve economic efficiency. Government spending accounts for more than 50% of domestic output which has caused a deterioration of public finance.

Financial (Very Low): In August 2010, the French government authorized the merger of the banking and insurance regulator into the Prudential Control Authority (ACP).

Opportunities U.S. exports to France include industrial chemicals, aircraft

and engines, telecommunications, computer software, and computers

On average, over $1 billion in commercial transactions, including sales of U.S. and French foreign affiliates, take place every day

The United States is the top destination for French investment and the United States is the largest foreign investor in France.

Why Say Oui to France? A competitive, open leader

A haven of talent and high productivity

A pioneer in innovation and R&D

World-renowned quality of life

http://www.sayouitofrance-innovation.com/