France’s Ghetto Economy

The youngsters who are ravaging France realize that they don’t have a future. That is why they are burning cars. But how many French politicians realize that their beloved “social model” is partly to blame?

Poor second-generation immigrants in France have no economic prospects for two main reasons. First, the economy is growing far too slowly. As in most of continental Europe, economic performance has been enormously disappointing over the last two decades. But France managed to do even worse than its neighbors.

During the period from 1980 to 2000, only two OECD countries, Germany and Greece, recorded slower growth in income per capita than France. But Germany had to go endure the huge costs and trauma of re-unification with East Germany. Greece was hurt by the wars in the Balkans. What’s France’s excuse?

To continue reading, please log in or enter your email address.

To read this article from our archive, please log in or register now. After entering your email, you'll have access to two free articles every month. For unlimited access to Project Syndicate, subscribe now.

required

By proceeding, you agree to our Terms of Service and Privacy Policy, which describes the personal data we collect and how we use it.

Log in

http://prosyn.org/n4YtZu3;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.