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Why France's Pension Protests Are So Important Interview with Dr. Tomasz Michalski

Economics Explained

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The Future of France's Pension Reform

There are many issues that you've raised. A very likely one is that the reform is going to be adopted if the procedural court doesn't see any issues with it, which means that would solve the pension problem for say 10, 15 years depending on the projections obviously. The second issue is that you raised about the perspectives of young professionals in France. It depends, for example, whether you have children or not. And I think the bigger problem is that for various reasons, this climatic labor market, the fact that hierarchy in French firms matters a lot,. There is an ongoing brain drain despite the fact that tax rates are not necessarily the ones that matters.

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