Word: patronat
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Dates: during 1970-1979
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...social disruption that it causes they must restrain demand-and risk triggering a recession that would stir even more social unrest. Last week France went further than any other nation has gone to defuse that danger. At the urging of President Valery Giscard d'Estaing, the Patronat, or federation of French employers, agreed with the country's five major unions on a new plan that in effect will guarantee a full year's pay to any French worker laid off for reasons beyond a company's control...
...GISCARD D'ESTAING, 48, Finance Minister off and on for nine years, has directed France's fortunes with a finesse that, despite the current troubles, has not only endeared him to the patronat-the French business establishment-but at the same time won him the respect of the man in the bistro. An urbane and brilliant economist, he is the only presidential contender who currently holds national office. That helps Giscard by giving him regular public exposure, but it also thrusts him into the firing line on problems such as unemployment (only 1.9% last year but increasing...
Industrial expansion has been greatly aided by a generation of farm youths anxious for city jobs. Perhaps more important, their new bosses are frequently young, aggressive men trained in management. Just how sweeping the change at all levels of French management has been became clear last summer when the Patronat (national association of employers)-for generations one of the most conservative forces in the country -backed British entry into the Common Market. The government has also set up an informal economic panel that specializes in spotting overseas investment opportunities for French industry and preventing foreign takeovers of French companies...