During the first 18 months of his presidential term, Emmanuel Macron has put through a highly ambitious set of reforms inspired by supply-side economics and the Nordic flexicurity model. While the biggest accomplishments have been in taxation and the job market, the goods and services markets and social benefits programmes have also been addressed. Macron’s policies have been praised by business-friendly international organisations, with some of them ranking France as the developed country that had conducted the most long-term pro-growth reforms in recent years, in clear contrast with its major neighbours.