Committee
Economic and Social Council
Country
France

Author

William Raulin
Hungary

Cite as https://mymun.com/ppdb/18509

Today, for more and more democracies, economy is more important than politics. Therefore, economy has a major role concerning society and conflicts.

France is member of the Group of Seven leading industrialized countries, as of 2018, it is ranked as the world's tenth largest and the EU's second largest economy by purchasing power parity. France joined 11 other EU members to launch the euro in 1999 which was a political decision, with euro coins and banknotes completely replacing the French franc (₣) in 2002.