France-Korea: 50 years of relative decline
Reading digit annual growth in volume in France (source: INSEE) is instructive.
Thus, it increased from 6% on average in the 60s, 4% in the 70, then 2.3% in the 80 And finally 1.8% in the 90 to finish a miserable 1.4% in the 2000s.
If we can consider the rate of 6% as untenable in the long term, the rate of 4% achieved in the 70s despite the first oil crisis is a goal that has always been sought thereafter, but no more success.
two conclusions can be drawn: the failure on such a long period should probably nothing to chance and transcends left-right divide. The deterioration of public finances will find its first home, public spending rising faster than revenues.
France has never known in its history modern economic (that I located after the Napoleonic wars) a period of relative decline (a decrease of growth) as long.
How to get out? Can we cope?
I was going to stay there when I stumbled on television on the cons-example: Korea. 8% growth per year for 50 years. Country No. 1 for the Asian culture that has overtaken Japan to the Chinese public. Winter Sonata, a successful TV movie was seen by 2 billion viewers! Samsung equips all Apple iPods with its chips and is already the No. 1 global electronics far ahead of the firm at the apple!
Korea has built its success on education and research (more researchers than any Samsung CNRS), the country's defense (2 years of military service for all) and Christianity (now before the first religion Buddhism). Samsung is building the tallest tower in Dubai and the world has blown the market for nuclear power plants in the same country to Areva.
0 comments:
Post a Comment