LateModernPeriod1950-2000+

    Notes Reading: The Bubbly Economy of Argentina Seven Futures for Argentina Austerity and Anti-Systemic Protest  (Argentina)

  The dominant component of the Economy of France, FR1=Overall Growth (see the Measurement Matrix in the Notes below). The best short-term (year-to-year) model for FRL20 is the BAU model ( -111.3  < AIC =  -84.59 < -57.77).  When FR1 is shocked (in the graphic above), it increases FR2=(CO2+EF) --an effect that becomes negative over time). A the same time, it decreases FR3=(LU-L-N) , the employment controller that never recovers completely. A shock to the Environmental Controller, FR2=(CO2+EF) , reduces growth and increases Unemployment. Finally, a shock to the  employment controller ,  FR3=(LU-L-N) , decreases growth and decreases environmental damage. Over time (in the graphic above), FR1=(Growth) is reaching a steady state, FR2=(Environmental Damage) reached a peak in the mid-1970s and FR3=(Unemployment) reached a long plateau from the mid-1980s to almost 2000. NOTE: Although a lot of civic conflict regarding the French Economy has to do wi...