François Hollande will require a more detailed and far-reaching economic strategy if he is to turn France’s ailing economy around

Like many countries across Europe, France has suffered economically since the beginning of the financial crisis. As Andy Langenkamp writes, French President François Hollande’s recent ‘responsibility pact’ outlined a number of reforms designed to restructure the economy, making it more competitive in the long-term. He argues that while Hollande has the political resources required to implement bold reforms, his current plan is too vaguely stated to turn France’s economy around.