Thirty Glorious Years
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''Les Trente Glorieuses'' (; 'The Glorious Thirty') was a thirty-year period of economic growth in France between 1945 and 1975, following the end of the Second World War. The name was first used by the French demographer Jean Fourastié, who coined the term in 1979 with the publication of his book ''Les Trente Glorieuses, ou la révolution invisible de 1946 à 1975'' ('The Glorious Thirty, or the Invisible Revolution from 1946 to 1975'). The term is derived from '' Les Trois Glorieuses'' ('The Glorious Three'), the three days of revolution on 27–29 July 1830 in France. As early as 1944,
Charles de Gaulle Charles André Joseph Marie de Gaulle (; ; (commonly abbreviated as CDG) 22 November 18909 November 1970) was a French army officer and statesman who led Free France against Nazi Germany in World War II and chaired the Provisional Government ...
introduced a
dirigiste Dirigisme or dirigism () is an economic doctrine in which the state plays a strong directive (policies) role contrary to a merely regulatory interventionist role over a market economy. As an economic doctrine, dirigisme is the opposite of ''lai ...
economic policy, which included substantial state-directed control over a capitalist economy. This was followed by thirty years of unprecedented growth, known as the ''Trente Glorieuses''. Over this thirty-year period, France's economy grew rapidly like economies of other developed countries within the framework of the Marshall Plan, such as West Germany, Italy and
Japan Japan ( ja, 日本, or , and formally , ''Nihonkoku'') is an island country in East Asia. It is situated in the northwest Pacific Ocean, and is bordered on the west by the Sea of Japan, while extending from the Sea of Okhotsk in the north ...
. These decades of economic prosperity combined high productivity with high average wages and high consumption, and were also characterized by a highly developed system of social benefits. According to various studies, the real purchasing power of the average French worker's salary went up by 170% between 1950 and 1975, while overall private consumption increased by 174% in the period 1950–74. The French
standard of living Standard of living is the level of income, comforts and services available, generally applied to a society or location, rather than to an individual. Standard of living is relevant because it is considered to contribute to an individual's quality ...
, which had been damaged by both World Wars, became one of the world's highest. The population also became far more urbanized; many rural départements experienced a population decline while the larger metropolitan areas grew considerably, especially that of Paris. Ownership of various household goods and amenities increased considerably, while the wages of the French working class rose significantly as the economy became more prosperous. As noted by the historians Jean Blondel and Donald Geoffrey Charlton in 1974,
If it is still the case that France lags in the number of its telephones, working-class housing has improved beyond recognition and the various 'gadgets' of the consumer society–from television to motor cars–are now purchased by the working class on an even more avid basis than in other Western European countries.
Up until the
1973 oil crisis The 1973 oil crisis or first oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries (OAPEC), led by Saudi Arabia, proclaimed an oil embargo. The embargo was targeted at nations that had supp ...
, the French economy had been faring smoothly. under
François Mitterrand François Marie Adrien Maurice Mitterrand (26 October 19168 January 1996) was President of France, serving under that position from 1981 to 1995, the longest time in office in the history of France. As First Secretary of the Socialist Party, he ...
and
Jacques Chirac Jacques René Chirac (, , ; 29 November 193226 September 2019) was a French politician who served as President of France from 1995 to 2007. Chirac was previously Prime Minister of France from 1974 to 1976 and from 1986 to 1988, as well as Ma ...
. The oil shock had signified the end of this period of explosive growth. In his book '' Capital in the Twenty-First Century'', French economist Thomas Piketty describes the ''Trente Glorieuses'' as an exceptional 'catch up' period following the two world wars. He cites statistics showing that normal growth in wealthy countries is about 1.5–2%, whereas in Europe growth dropped to 0.5% between 1913 and 1950, and then 'caught up' with a growth rate of 4% between 1950 and 1970, until settling back to 1.5–2% from 1970 onward.


See also

* Economic history of France *
Japanese post-war economic miracle The Japanese economic miracle refers to Japan's record period of economic growth between the post-World War II era and the end of the Cold War. During the economic boom, Japan rapidly became the world's second-largest economy (after the Unit ...
* Miracolo economico * Post–World War II economic expansion * Record years * Spanish miracle * Wirtschaftswunder


References


Further reading

* * Volkmar Lauber, ''The political economy of France: from Pompidou to Mitterrand'' (Praeger Publishers, 1983). {{Economic miracle and tiger economy 1940s economic history 1950s economic history 1960s economic history 1970s economic history 1940s in France 1950s in France 1960s in France 1970s in France Contemporary French history Economic history of France Economic booms Post–World War II economic booms es:Treinta gloriosos