In the mid-1970s, the French were among the wealthiest citizens of Europe: our GDP per capita was the third on the continent. Forty years later, we are down to fourteenth. The United Kingdom, the Nordic countries, the Netherlands or Austria, not to mention Germany of course, have passed us. The explanation? France methodically destroyed its industrial tool.
This is what Henri Lagarde, the former boss of Thomson Electroménager, demonstrates in his book which has just been published by Presses des Mines: “Sortir de l’utière”. History not to be satisfied with the observation, he puts forward a promise: to get back into the race, France can draw inspiration from the experience of a dozen so-called “phoenix countries”.
Source: UsineNouvelle – Actualités A la une by www.usinenouvelle.com.
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