Natixis - Frances ongoing deindustrialisation ought to arouse concern

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Natixis

Patrick Artus

France's ongoing deindustrialisation ought to arouse concern

Looking at manufacturing production, manufacturing production capacity and employment in manufacturing industry, it is clear that France's deindustrialisation is continuing. The combination of high production costs and a low level of product sophistication is therefore apparently continuing its work of "destruction" of manufacturing industry in France. The ongoing deindustrialisation is bad news for France: it will result in a further deterioration in the trade balance and ongoing distortion of the job structure towards low-paid, unsophisticated service jobs.

31/07/2018 6 EN

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Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

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Analysts

Patrick Artus

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France's ongoing deindustrialisation ought to arouse concern

Section 899: A tool to increase revenue or to change foreign tax policy?

ECB Takes Summer Pause to Preserve Monetary Policy Flexibility

La BCE en pause estivale afin de garder « l’optionalité » de sa politique

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