Tuesday 5 June 2018

Macronomics: Assessing the new French radicalism

Speech by Pierre-André Imbert, Social Policy Advisor to President Macron

President Macron swept to victory in the French elections last year on a ticket of radical reform. In government he has begun to roll-out the promised reforms – and more. Among the most controversial are plans to reform the French labour market, which has long been dogged by high levels of unemployment, particularly among young people.

But with major protests already underway over the plans – which include an overhaul of collective bargaining, unfair dismissals and unemployment insurance – are these changes a step too far? Or should France be going even further towards a more flexible labour market? How will domestic and European politics affect President Macron’s chances of steering through these reforms?

The Resolution Foundation hosted an event to discuss these issues at its Westminster headquarters, where we heard from one of President Macron’s key advisors on the reforms, Pierre-André Imbert. Leading experts then discussed the politics and economics of Macron’s plans, before taking part in an audience Q&A.