The reason, at least in part, is the particularly strict teaching style that is mostly given in the form of lecture, explained Maria Guadalupe, one of the co-authors. The US, the UK, and Denmark are far ahead. On socio-behavioural knowledge, France ranks very low compared to other OECD countries, with only Germany and Japan faring worse. In 2019, French children aged 13-14 with the best scores in maths only ranked 29th compared to children performing as well in other 38 OECD countries. A drop in knowledgeįrench students are not doing well in maths, with France ranking 20th among 38 OECD countries, according to the Programme for International Student Assessment (PISA) figures.Įven at the primary and secondary school levels, France dropped from the seventh to 17th spot in the TIMSS ranking, out of 21 countries.Īmong top-performing students, France is not performing too well either. While the European Central Bank (ECB) suggests that an increase in interest rates is no longer a taboo subject, the issue of reducing public debt is back on the French political agenda. Sovereign debt level causes new political headache in France “The slowdown in productivity is a central issue for French economic policy, and one that must be addressed,” said one of the report’s co-authors, Xavier Jaravel, a professor at the London School of Economics. In addition to better teaching of mathematical and soft skills in schools, they are also suggesting reforming France’s flagship research tax credit scheme. To solve the problem, the report’s authors are calling for reform. In a new report published on Thursday (29 September), the Conseil d’Analyse Economique (CAE) looked at how the drop in productivity in France had impacted the economy over time.įrom 2004 to 2019, the sector-wide slowdown in productivity represents a shortfall of €140 billion in GDP for France.īetween 20, France lost 5.8 percentage points of GDP per capita compared to Germany, or about €65 billion in fiscal revenues. French productivity has been slowing down considerably in the past 20 years due to a significant drop in education levels and a misguided tax incentive system, a group of experts advising the prime minister have found.
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