Tanvi GuptaRoll No. :08

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.

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.

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% 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.

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 50 million people annually.

The UNESCO inscribed 37 sites in France on the World Heritage List.

SOCIETY: Second best international reputation.

“Best country to live in“.

Nicknamed as "the country of Human Rights".

The national anthem.

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.

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.

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.

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