The Limited Times

Now you can see non-English news...

Nicolas Baverez: "Relocations, instructions for use"

2020-09-20T18:37:53.254Z


CHRONICLE - France must not squander its last chance to rebuild its industry through an effective relocation strategy.


The Covid-19 shed a harsh light on the priority for democracies to relocate the production of many essential goods, which has become a monopoly of Asia, and particularly of China.

But relocation is an art of execution.

However, it is far from being won.

Not all activity can be relocated, either for geographical reasons (energy and raw materials), or for technological reasons (disappearance of skills and equipment), or for economic reasons (too low added value).

In addition, the history of reindustrialisation policies is marked by bitter failures.

And this especially in France, since the calamitous attempt to reconquer the domestic market in 1981.

Despite the multiplication of support plans, the industry in our country saw its share in added value fall to 11% (16% in the euro zone and 22% in Germany) and lost 2.5 million jobs in a quarter of a century.

Worse, number of companies and

This article is for subscribers only.

You have 78% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All news articles on 2020-09-20

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.