Tuesday, May 8, 2012

The Competitiveness Question

Some interesting comments on the deterioration of France's competitive position can be found here.


Carambar said...

a good description of the reality but nothing new in this article.
If you travel in emerging markets and talk to factory managers you will discover that they only want german machinery. good quality, price deosnt really matter.
but at the end of the day this is all about luck. Germany is currently benefiting from a declining population and an investment boom in Asia. This event combination could prove lethal at a later time.
what is your take?

Hilary Barnes said...

Look at Hollande's 60 point programme. A few big scale state projects to assist industry, but lots of ideas for punishing business, not a word about productivity enhancing reforms such as more flexible labour markets. PS attitude to business is still veru much spatslazesd rodurhre the rod and spoil the enterprise.