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Industry, the reasons for a shipwreck


INTERVIEW – In an enlightening essay, the managing director of the Public Investment Bank (BPI) Nicolas Dufourcq retraces two decades of deindustrialization, analyzing the root causes of this failure as well as ways to reindustrialize France.


- Is the energy crisis we are experiencing likely to accelerate our deindustrialisation?



If it lasts, yes.

Now, we can say that our nuclear power plants will start up again, and that the abundance of gas of Norwegian, American and Algerian origin, coupled with a reform of the European electricity market, will contribute to a drop in prices at the end of 2023. The problem is competition with the extremely cheap energy that the American and Chinese markets offer today.

We are in a battle of empires.

How did we get there?

If the concept of industrial policy is today praised by the entire political class, it was long considered pejorative?

The French-style industrial policy, with a strong emphasis on planning, had succeeded rather well.

Nuclear, space, aeronautics had shown it.

On the other hand, it had failed in machine tools and consumer electronics.

Was it...

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Source: lefigaro

All news articles on 2022-12-29

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