Word: patronat
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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...
...recent economic stagnation resulting from De Gaulle's anti-inflationary program. The French economy is growing only half as fast as last year-2.6% v. 5.3%. A government freeze on industrial prices and a clampdown on credit has held back private investment. Complains Georges Villiers, president of the Patronat, French equivalent of the National Association of Manufacturers: "For a year now, the increase in private investment has been almost nil. The government is concerned about it, but has not yet taken adequate measures." What businessmen want is for the government either to lift the freeze on prices...
...trumpet or try to exploit the vulnerability of the dollar, he has been strangely silent about mounting economic problems at home. Other Frenchmen are less reticent. Premier Georges Pompidou admits that the French economy has shown "a certain slowing of growth, even a stagnation of production." The usually docile Patronat-French equivalent of the National Association of Manufacturers-is so disturbed by the letdown that it has formally criticized government economic policies for the first time in memory. In Paris recently, a cartel of steel producers met to survey France's economic horizon, agreed to reduce steel production...
...Conseil National de Patronat Francais is the French sponsoring group...
Named yesterday by the Consel National du Patronat, the French National Association of Manufacturers, were Thomas E. Congdon IGB, Earl I. Dinsmore IGB, Jeremy T. Dresser IGB, John W. Kurtz IGB, Lester G. Matthews IGB, Stephen J. Spaneas 2GB, Frank M. Thompson IGB, and John P. Well IGB. They were guests last night at a reception given by the French consul general of New England...