Essay on Frances Welfare System - 954 Words

The welfare system in France is founded on the principle of solidarity. Solidarity is sense of the responsibility of the individuals in the society to help each other out. This is all for the common good (Spicker). In order to promote solidarity, France has a welfare system that includes universal entitlements, social insurance, means-tested public assistance, and tax expenditures programs. One aspect of the French welfare system is universal entitlements. One universal entitlement under the French welfare system is health insurance. Every citizen in Frances is able to have healthcare insurance. For those citizens that are employed, the employer and employee both finance the insurance. However, the government pays for the health care of†¦show more content†¦However, this assistance ends once the child becomes three years old (Evans 1997). Means-test public assistance is one way the French promote the principle of solidarity. Social insurance is also a different facet of the welfare system in France. One example of social insurance is unemployment insurance. If one loses their job, the person receives 35% of the income that he or she received while employed. For those that are unable to work due to age or disabilities, the government has an assistance program in place. The French also have a pension system that is similar to Social Security in the United States. The system is a â€Å"pay as you go† one. Both the employer and employee give to this pension fund. Once the individual is old enough, he or she will receive this retirement money (Wingert). One more feature the French welfare state is tax expenditure programs. An example of a tax expenditure that is found in France is a tax benefit for married couples. There are many more established tax expenditures; one of which is for those with children. In fact, there are so many tax expenditures that France spends over 0.5% of its gross domestic product on tax breaks just towards the family. Tax expenditures programs are another part the France’s welfare system (Bentolila 2011). Like most wealthy countries, France was affected by the Great Recession; however, France was not â€Å"hit† as hard asShow MoreRelatedThe Economic Globalization Of The United States1102 Words   |  5 PagesWhile Gross domestic product (GDP) is the size of a states’ total annual economic activity. France’s GNP fluctuated in the early 20th century because of the events posed upon the country. In the table below we are able to get a sense of how the economy of France does in the 20ths century and it is clear that their post-World War II interval is the most successful. It is that specific time frame in which France’s economy starts to flourish. 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