Letter from the DAJ – Communication from the Court of Auditors to the National Assembly on Public Policies in Favor of Industry
January 16, 2025
Introduction
The Court of Auditors has submitted a communication to the National Assembly on public policies in favor of industry. This communication assesses the effectiveness of these policies and makes recommendations for their improvement.
Key Findings
- The French industrial sector has been facing significant challenges in recent years: declining competitiveness, job losses, and a trade deficit.
- Public policies in favor of industry have not been sufficiently effective: they have not halted the decline of the industrial sector and have not created enough jobs.
- The main weaknesses of these policies are: a lack of coordination, a lack of focus on innovation, and a lack of support for small and medium-sized enterprises (SMEs).
Recommendations
The Court of Auditors makes several recommendations for improving public policies in favor of industry, including:
- Strengthening coordination: creating a single body responsible for overseeing industrial policy.
- Focusing on innovation: increasing funding for research and development (R&D) and providing incentives for businesses to invest in innovation.
- Supporting SMEs: providing financial assistance, technical support, and access to markets for SMEs.
- Investing in infrastructure: modernizing and expanding transportation and energy infrastructure to support industrial development.
- Reforming the tax system: making the tax system more favorable to businesses, particularly SMEs.
Conclusion
The Court of Auditors’ communication provides a valuable assessment of public policies in favor of industry. The recommendations made in the communication could help to improve the effectiveness of these policies and support the development of the French industrial sector.
Lettre de la DAJ – Communication de la Cour des comptes à l’Assemblée nationale consacrée aux politiques publiques en faveur de l’industrie
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