While the Bank had approved only a single loan to France, it continues to keep tabs on the country's economic development.
In 1947, France received the first and, as of 1954, the largest loan ever approved by the Bank. Prior to the publication of this comprehensive report, the Bank published a short analysis titled "The Creditworthiness of France" which argued that the lack of effective governance was an obstacle to regaining economic and financial stability. The current report, published by the Bank's Department of Operations in Europe, Africa and Australasia, reiterated this point, concluding that the only way for France to fix their economic issues was by addressing their political and social issues. A third Bank report on France's economy, released in 1959, again emphasized the role of the country's government in the performance of its economy.
The report discusses the economic positions and prospects of France as of 1954
The minutes indicate that the Staff Loan Committee approved the Economy of France report (30043604).