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    Dr. Ampabeng advocates consolidation of road taxes into fiscal policy

    WAPCo commits to cleaner and reliable energy

    Government eyeing GH¢750m with new E-VAT policy

    Agribusiness entrepreneurs must take advantage of AfCFTA – ADB MD.

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

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Unruly France is riskier for businesses than Haiti

bycitibusinessnews
August 3, 2016
in Europe, INTERNATIONAL
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The risk consultancy cited frequent disruptions to France’s transportation infrastructure, resistance to labor law reforms and frequent protests as reasons for the high risk rating.

“While France has an active civil society and trade unions, these actors tend to encourage demonstrations, as protest and industrial action are key facets of the country’s political culture,” the report says.

France is ranked 17th on “The Civil Unrest Index,” meaning it is considered riskier than Haiti, The Democratic Republic of the Congo and Somalia. Most of the ranking’s top 10 slots are occupied by countries that are politically unstable, or mired in conflict.

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The index takes inflation, marginalized groups, the frequency of unrest, and the damage to businesses into account. Mitigating factors, such as a history of stable labor relations, are also considered.

Already this year, the French government was forced to scramble in order to keep gas stations from running dry and cities powered after workers at oil refineries and nuclear plants walked off the job.

Transport workers also protested against labor law reforms in the run up to the Euro 2016 football tournament, launching a strike against railroads and airlines.

Verisk Maplecroft said that France has experienced “significant protests” on a weekly basis in 2016. Similar events occur in Germany and the U.K. only twice a year, it said.

The most colorful episode of French labor unrest in recent memory took place in 2015, when a group of Air France workers reacted to job cuts by ripping the shirts off a pair of airline executives. Some managers were forced to escape the protest by scaling a fence.

–

Credit:CNN Money

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