The migratory wave towards Europe is also explained by the negative demographics of the continent. And if the European population is not already shrinking, it’s because of migrants from Africa and Asia. In this context, the Central European countries’ battle against relocations seems doomed to failure, at least in the long run. Advertisements
Stiglitz on globalisation. Between keep-on-going with more of the same and the protectionist closing, he advocates the Nordic model: There is a third approach: social protection without protectionism, the kind of approach that the small Nordic countries took. They knew that as small countries they had to remain open. But they also knew that remaining…… Continue reading Social protection without protectionism
Well, “Indo-Pacific” was not a slip of the tongue, a new maritime Quad (US, Japan, India, Australia) has the potential of a future Asian NATO, China-centric of course.
Two strong ideas from dr. Yukong Huang from Carnegie Endowment : first, China is a different economic actor (neither capitalist, neither socialist) to which many of the usual assessment tools do not apply (on debt, bubbles, etc). So, the West does not really understand the Chinese economy and its policy toward China is based on…… Continue reading “A very practical solution” : corruption
The Germans are afraid that their wonderful mid-sized industrial companies will not be able to make the transition to Industrie 4.0, the digitization of the industry, and that the Americans, if not the Chinese, will establish the new standards.
The French know pretty well the African continent and look (with melancholy ?) to the Chinese presence in Africa : more than 10,000 Chinese enterprises are present there, with 90% of them private-owned, and they have almost half of the infrastructure markets. But the French are alarmed about the African dependence on the Chinese economy :…… Continue reading ChinAfrica is getting more and more serious
The French, probably because of the German industrial powerhouse to whom they compared for more than a century, still nourish illusions as to their industry.