The Report can be found at
<http://lesrapports.ladocumentationfrancaise.fr/BRP/044000498/0000.pdf>
(warning: long); see also
<http://www.minefi.gouv.fr/minefi/actualites/actu2/index.htm>   for
background.

As widely reported (Le Monde, Le Figaro) it is largely a compilation of the
standard neo-liberal recommendations that have been enunciated in a string
of commissioned government reports and a few well publicized books  (longer
work hours, more "flexible" labour markets and laws, cut government
spending, lower minimum wage, etc).

But the meaning of this Report is in the context of the fight WITHIN the
Right between the traditionalist Chirac-Gaullist types (analogous to
Christian Democracy or the wet Conservatives) and the hard-line
neo-liberals (led by Sarkozy, who commissioned the Report and who is being
forced to leave the Finance Ministry as he takes over the head of the
Gaullist party and runs for President).  The outcome of this struggle may
well decide whether France joins the monolithic neo-liberal international
coalition or remains an outlier.  This struggle has been an ongoing war of
attrition for a number of years resulting in a vacillating government policy.

Camdessus is uniquely positioned with credentials in both groups (besides
the IMF and Bank de France, he and his wife have life-long involvements
with Action Sociale the Catholic social welfare movement).  He has astutely
structured the composition of his Commission to include both the usual
business executives/economist types (including Olivier Blanchard of MIT)
AND catholic labor leaders/social service administrators, Catholic
journalists etc. In a similar vein the Report is larded with concern that
France's current policies have lead to greater poverty than more free
market England (even after transfers) and high youth unemployment.

BUT all this social concern is marshalled in support of one side: the
neo-liberal agenda - which is presented as the more "humane" alternative in
the long run (my favorite: "permit" seniors the healthy benefit of working
more years by reducing their benefits and changing "prejudiced" attitudes
about work at old age).  The Report is an attempt to craft a campaign
vision (a sort of "Compassionate Conservatism") that Sarkozy can use in the
coming big push for a hard neo-liberal agenda and he has said that he will
use the Report as his "manual".  In short it is an attempt to mobilize the
social wing of the Gaullist movement behind the neo-liberal agenda.

Paul

From: "Tom Walker" <[EMAIL PROTECTED]>

It's a mystery to me why the Financial Times report posted to Pen-l by
Eubulides left out the Camdessus report's commentary blaming France's
"growth gap" with the U.S. and U.K. of the last 20 years on shorter
working
hours or the fact that it called for an end to the "share-out logic."
Anyway, it appears that Ian's intuition about the report was right even if
the FT didn't mention it -- AFP reports did mention it.
......................................

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