France has the 5th largest economy in the world and the 2nd largest in Europe, with a GDP of $3 trillion. It has a semi-presidential system of government with executive power shared between the President and Prime Minister. France is divided into administrative subdivisions and has transferred some sovereignty to European institutions. Culturally, France receives more tourist visits annually than any other country and has over 1,200 museums welcoming over 50 million people each year.
2. Introduction
5th worldwide in GDP, with $3 trillion.
Government spends 1% of its GDP on
research and development.
22nd in population, with 61 million.
France has rejoined NATO.
3. Political
Government is semi-presidential system
determined by the French Constitution.
The nation declares itself to be an "indivisible,
secular, democratic,and social Republic".
National government is divided into an
legislative and a judicial branch.
The President shares executive power with the
Prime Minister.
4. Government:
The government is responsible to Parliament.
Parliament comprises the National Assembly
and the Senate.
Government comprises members of three ranks.
France is a unitary state with administrative
subdivisions.
Transferred part of its sovereignty to European
institutions.
5. Economic
France has the world's 5th largest and 2nd largest
economy in Europe.
GDP-$2.6759 trillion with growth of 1.6%
per capita income-$40.710
Revenues-$1.241 trillion
Expenses-$1.441 trillion
Paris (capital)is the second most important
localisation for the world's 500 biggest
companies' headquarters.
6. Imports-$577.7 billion
Import goods:
machinery and equipment, vehicles, crude
oil, aircraft, plastics.
Exports-$508.7 billion
Export goods:
transportation equipment, chemicals,
pharmaceutical products,iron and steel,
beverages, electronics
France ranks 4th in the Fortune Global 500.
7. Social
Language:
The official language of France is French.
Besides French, there exist 77 vernacular
languages of france.
French is the second most studied foreign
language in the world .
France is a secular country, and freedom of
religion is a constitutional right.
8. CULTURAL:
France has been a center of cultural creation for
centuries.
France receives the highest number of tourists per year.
It counts 1,200 museums welcoming more than
50 million people annually.
The UNESCO inscribed 37 sites in France on the World
Heritage List.
9. SOCIETY:
Second best international reputation.
“Best country to live in“.
Nicknamed as "the country of Human Rights".
The national anthem.
10. Technology
Amongst all inventions, France’s best advancement has
been the introduction of the TGV High Speed Rail
Network.
Leading exporters of Nuclear Technologies .
World’s 4th industrial power.
Has developed the first plant for the disposal of
radioactive wastes.
Third largest wind resource in all of Europe.
French in Defence Technologies include Barracuda-
Submarine.
11. Legal
Employment laws:
Hiring: Written contract are mandatory to all grades
and levels. It should be in French.
Firing: cannot be removed unless the organization
specifies one of the claws mentioned in the French
law.
Taxation:
current standard rate is at 19.6%. The reduced rate is
5.5%. A specific rate of 2.1 % applies only to the
drugs.
Subsidy policy is applicable only to agricultural and green
revolution products.
12. Constitution :
French Fifth Republic constitution was approved in 1958.
The constitution does contain a bill of rights in it.
Its preamble mentions that France should follow the
principles of the
Declaration of the Rights of Man and of the Citizen, as well
as those of the preamble to the constitution of the
Fourth Republic.
The foundational principles of the constitution include:
the equality of all citizens before law, freedom of speech,
freedom of opinion including freedom of religion.