Made in France, but less and less

France, like the rest of Europe, enjoys a certain reprisal of the economic activity. Their problem is that imports contribute more and more to growth, up to a third of the internal consumption. It stayed to around 15 per cent until the end of the sixties, and then grew constantly, no doubt as a result of the European integration. Today, no more French TV sets, handsets or toys, they come from Korea, China, or Dacia cars from Maroc. In a pure mercantilist / colbertist tradition, all this is viewed like a defeat of “Made in France” in the global match of imports and exports. And just like the some Americans, they’re dreaming of an industrial revival and envying the success of the German model.

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