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"Artikel ini membahas gejolak politik dan ekonomi di Prancis pasca krisis minyak yang terjadi di wilayah Eropa dan Amerika. Data yang digunakan dalam analisis ini adalah tingkat pertumbuhan produktivitas kerja perusahaan-perusahaan di Prancis pada tahun 1967-1988 serta kebijakan nasionalisasi dan privatisasi yang dikeluarkan pada masa Pemerintahan Mitterand. Hasil dari penelitian ini memperlihatkan bahwa gejolak ekonomi di Eropa dan Amerika yang disebabkan oleh krisis minyak mempengaruhi keadaan politik di Prancis dengan terbentuknya Pemerintahan Sosialis pertama di Prancis. Perubahan arus politik ini juga mempengaruhi kebijakan ekonomi yang dikeluarkan pemerintahan Mitterand. Setelah dianggap belum mampu mengatasi krisis ekonomi di Prancis, pada pemilihan legislatif tahun 1986, masyarakat memilih Jacques Chirac yang merupakan dari partai poros kanan untuk menjadi Perdana Menteri dan membuat Prancis masuk ke dalam era pemerintahan baru yaitu Pemerintahan Cohabitation. Dengan demikian tingkat pertumbuhan produktivitas kerja perusahaan-perusahaan di Prancis pada saat itu belum berkembang dikarenakan gejolak politik yang terjadi di Prancis dan lesunya perekonomian di Eropa.

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This article discusses the political and economic turmoil in France after the oil crisis that Occurred in Europe and America. The data used is the growth rate of labor productivity firms in France in 1967-1988 and the nationalization and privatization policies issued during Mitterand’s administration. The results of this study showed that the economic turmoil in Europe and America was caused by the oil crisis. This situation affects the political situation in France which is characterized by the formation of the first Socialist Government in France. These political mainstream changes also economic policy issued by the government of Mitterand. Considered not able to cope with the economic crisis in France, in the 1986 legislative elections, peoples in France choose Jacques Chirac is a party right shaft to become Prime Minister and make France enter into a new era of Cohabitation Governments. Chirac made an act of privatization that replaces the act of nasionalization. Thus the growth rate of labor productivity of companies in France at the time was not developed due to the political turmoil that occurred in France and the economic slowdown in Europe."

"Once acting as local representatives of the national government and content to let their larger counterparts do the "heavy lifting", state and provincial governments are increasingly expected to be stewards of their economies and deliver sustained growth rates for their citizens. Spurred on by increasing competition, not least from neighbouring territories, sub-national governments are increasingly formulating their own plans for economic development, taking out loans, investing in specialist facilities, and establishing marketing offices abroad."