This case uses France's pension, labor market, and regulation reforms from 2018 to 2023 to illustrate how deregulation and labor market reforms can affect an economy's potential GDP. The case discusses two-term President Emmanuel Macron’s efforts to boost economic growth through economic liberalization by focusing on small- and medium-sized enterprises. The material allows for an examination of the effects of regulation on labor policy. If implemented, would the reforms boost broadly based growth? Would lowering taxes and regulation continue to boost France’s economy, or would it unnecessarily put France’s social safety net at risk?