World Economics - Insight , Analysis and Data

World Economics - Insight , Analysis and Data
The Thirty-five Hour Working Week
Alan Kirman
World Economics, June 2000

The introduction of a reduced working week (RWW) in France has been widely condemned as an arbitrary additional constraint in an already rigid labour market. This article explores the origins of the law, and the reasons for the negative appreciation by economists of this measure. However, it goes on to suggest that the concessions gained by the employers in terms of flexibility coupled with the state aid involved have resulted in an increase in labour market flexibility in France. This may explain the fact that, contrary to the predictions of many economists, the French economy is now growing faster rather than slower as compared to the period before the introduction of the legislation, and that unemployment is falling.
Download paper

Related thinking:
    The IMF’s Uneasy Excursion into the Euro Zone
Graham Bird
World Economics, September 2015
    The Eurozone: Was the UK Right to Opt Out?
Julian Gough
World Economics, September 2015
    What is Britain worth to the next generation?
Angus Hanton
World Economics, June 2015




© Copyright World Economics Ltd. 2017