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From Francs to Euros
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This book presents France's economic and monetary history from the ruins of 1945 to its prospects in the 22nd century. It focuses on the pivotal moments that transformed France into a global economic leader, overcoming monumental challenges such as elevated inflation, crippling public debt, and the loss of its colonial empire.
The book examines topics such as the Marshall Plan's role in reconstruction, the impact of European and American influences, and the unique policies that shaped modern France. As France faces new challenges like the Yellow Vests movement, the COVID-19 pandemic, and the energy crisis, this book discusses whether these trials will see France falter or rise stronger than ever.
The book finally compares past forecasts and present realities, offering a glimpse into a potential future. It will appeal to economic historians and economists, policy-makers, and a broader audience interested in a better understanding of recent French economic history and lessons from the past for the future.
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Cristina Peicuti is a professor and the scientific director of a research chair at ESCP Business School in Paris. She foresaw the 2008 crisis, which was the subject of her thesis, "The Subprime Mortgage Crisis and the Credit Channel" (Paris II Panthéon-Assas University, 2006-2009). She is the author of several books: The European Economy in 100 Quotes, Of Banks and Crises (2024) and Decoding Economic Crises (2023).
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