Abstract
From the beginning of the early 1970s until the end of the 1980s, France developed an original style of economic regulatory policy which consisted essentially of smoothing economic shocks. This style has had several variations. This paper is an attempt to analyze these regulatory styles by comparing them with the policies followed by West Germany. The authors attempt to show that the abandonment of price controls as an instrument of economic policy, a decision taken by the Chirac government, marks the end of a unique French model of economic policy.
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