Social Politics in France

By the mid 1980s the exchange rate crises forced President François Mitterrand to deal with the growing problems. Faced with the continued slide of the Franc would force France to leave the European Monetary System. President Mitterrand would go on to announce budget cuts to bolster the exchange rate in March 1983. Mitterrand also opted for European integration. This decision and its subsequent affirmation when France supported the Single European Act of 1986 set the stage for much of what was to follow.The government embraced the opening of French markets to more intense European competition and further political integration into what was to become the European Union.
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By the 1980s France had elected a Socialist president for the first time during the Fifth Republic. For almost three years, that government continued to fund the stagnant economy by nationalizing 49 major enterprises, and pouring funds into industry on the idea that public investment would offset the lack of investment by the private sector. This did little to help the economy as the markets continued to slide and even worse the exchange rate of the French franc spiraled downwards in comparison to the other currencies in the European monetary system.
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During the last few decades the ethnicity of the French population has also seen significant changes. Starting with the early 1970s France started welcoming immigrants from neighboring nations and the work force in France saw many people from Southern Europe and the north part of Africa join in their labour force. By 1994 France saw many immigrants come from the Arab world and now boasts the largest Muslim population in all of Europe. This has helped France grow as there were more worker for labor jobs and as those immigrants settled in France it created a larger demand for common domestic goods within the country.
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Although the shifting of national production contributed to the slow growth experienced in those twenty odd years there were some positives. Demographic were changing also at the time as women were encouraged to seek employment and by the mid 1990s over 60% of all women in France were employed which was significantly higher than the 35% of women employed in the 1960s. This played a major role as most household were lucky enough to have two incomes supporting them which minimized the hardships if one became unemployed.
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During the 1950s and 1960s France was a hustling and bustling economy that experienced high levels of economic growth and low unemployment rates which slowly dropped by the 1970s. By the 80’s and 90s France saw itself in times of economic hardship plagued by lower growth rates and increasing unemployment rates. The cause of decline can be attributed to a fundamental change in productivity shifting from a agricultural producer to one of an industry producing nation. France was not alone in their struggles as the rest of Europe was following suit in the shift of production.
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They key to understanding the politics of social change within France is understanding the dramatic changes that have transformed France over the past twenty-five years. The governments and economic climate of France and the rest of Europe has changed so drastically over this time that it is necessary to take all of Europe into account when discussing the political climate of France. Where as the trials of the Cold War had a big negative effect on most of Europe there is now a growing unity and prosperity with the European Union and thus all of France.
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