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Introduction
5th worldwide in GDP, with $3 trillion.
Government spends 1% of its GDP on
Political
Government is semi-presidential system determined by the French Constitution.
The nation declares itself to be an "indivisible, secular, democratic,and social Repub lic". National government is divided into an legislative and a judicial branch. The President shares executive power with the Prime Minister.
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.
Economic
France has the world's 5th largest and 2nd largest economy in Europe.
GDP-$2.6759 trillion with growth of 1.6%
Paris (capital)is the second most important localisation for the world's 500 biggest companies' headquarters.
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.
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.
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
Heritage List.
SOCIETY:
Technology
Amongst all inventions, Frances best advancement has
been the introduction of the TGV High Speed Rail Network. Leading exporters of Nuclear Technologies . Worlds 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 BarracudaSubmarine.
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.
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.
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