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Prepared by :Sushant Sachdeva 12810081Swarup S Salins 12810082 Vaibhav Shrivastava 12810083 Varun Goel 12810084 Country Report France

Table of contents 1. Introduction 2. Timeline: France 2.1 History 2.2 Present 2.3 Future 3. PESTEL Analysis 3.1 Political 3.2 Economic 3.3 Social 3.4 Technological 3.5 Environmental 3.6 Legal 4. Summary 5. Conclusion 6. Bibliography

Introduction

Facts :

Area : 640,000 Sq. Km.Capital : Paris

Neighboring Countries : U.K., Belgium, Luxemburg, Germany, Switzerland, Italy, Spain.

Population : 65 Million

Official Language : French

Currency : Euro3Timeline FranceHistory Modern History is market by Renaissance rebirth , a period which also marks the development of new techniques in the field of art, science and literature.Year 1804, one of the greatest military strategist of modern history Napoleon Bonaparte started his rule.Colonial era of France began in year 1534 and ended in 1980 when Independent nation of Vanuatu was created. Timeline FrancePresentFrance is a secular country and almost 40% of its population is ethnically not French.Avg. life expectancy is 78 for males and 85 for females.France derives 79% of its energy requirements from nuclear power.Most popular tourist destination iin the world with about 78 million tourists visits annually.

Timeline FranceFutureITER International Thermonuclear Experimental Reactor is a research project aimed at harnessing energy from Fusion reactions.Expected growth rate of economy is 1% in the coming years.Expected to play a major role in Africa and middle east especially after Arab spring.France is expected to bid for hosting 2024 summer Olympics in Paris.

PESTEL AnalysisPoliticalMulti partyDistributive political riskLiberal Democracy

PESTEL AnalysisEconomicEuropes 2nd largest G.D.P.Currency : French Franc, EuroGrowth 0.8%Public deficit 3.7% GDPMoodys rating :Aa1

PESTEL AnalysisLegalCivil lawIndependentTransparentMinimum wageTax

PESTEL AnalysisSocialFreedom of religion constitutional rightLiteracy rate of the country is close to 99%. Secular educational policy has been a burning issueHealthcare system of France is topnotch. But obesity is seen as one of the major health issues in recent years

PESTEL AnalysisCurrent Social IssuesRacism has been an enduring social problem in France. Most contemporary racism is anti-immigrant and anti-Semitism

Unemployment - Unemployment figures have reached its all time high in 15 years at 3.19 million in February 2013Planning to create 150,000 state-sponsorship jobs for young skilled people from rural areas. Plan to introduce a competitive pact by modifying labor laws which could create 400,000 jobs in the industry

PESTEL AnalysisTechnologyNuclear energy is quite popular in the France56 nuclear reactors installed which not only satisfy the power needs of the country but also enable them to export electricity to other European nations Developed the first commercial vitrification plant which disposes off the radioactive wastes Was the third country to achieve success in space technology , now actively working alongside the European Space Agency for the welfare of the people. 3% of GDP has been invested in R&D program

PESTEL AnalysisEnvironmental Environmentally conscious country Ranked 17th by carbon dioxide emissions Was set to impose a carbon tax in the year 2009 but introducing it was seemed as unpopular political moveFacing a water and air pollution issue => Acid rain which is damaging forest region of France9 national parks and 46 regional natural parks in France

Summery: Doing Business in France?Setting up business in France successfully French employment lawAn environment conducive to international mobilityBusiness taxes in FranceGovernment support for businessSummery: Doing Business in FranceConclusion With a strong hold on the international scenario on the various political, strategic, trade, economic, and other platform; France is the one of the country where one can bet their money on. This all is of course keeping in mind the current Euro crises. And being optimistic about the Euro crises and the European Unions current problems. Finally, A presentation on France in English endsPardonnez mes Ingls(Pardon my English)merciBibliographyBanque de France's Annual Report Tasks and activities of the Banque de France in 2011 INSEE Website European commissions Alert Mechanism Report February 14, 2012 The Economist website