Protests over Pension Reform in France

Protests over Pension Reform in France

In France President Nicholas Sarkozy says he will press ahead with planned pension reforms. More than a million people took to the streets Tuesday to protest his plans which include raising the retirement age from 60 to 62. In addition...

In France President Nicholas Sarkozy says he will press ahead with planned pension reforms. More than a million people took to the streets Tuesday to protest his plans which include raising the retirement age from 60 to 62. In addition, blockades at French refineries are causing widespread fuel shortages and about 400 schools are closed. The reforms aim to boost France’s longer term economic prospects, but protesters and others in contend the concessions are being unfairly foisted on French workers: understanding the pension reform crisis in France and its relevance to austerity efforts elsewhere.

Guests

Ulysse Gosset

anchor at French Television

Simon Johnson

professor of entrepreneurship at MIT's Sloan School of Management, a senior fellow of the Peterson Institute for International Economics and author of the book "13 Bankers."

Ron Blackwell

chief economist, AFL-CIO

Justin Vaisse

senior fellow, The Brookings Institution

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