Report
Patrick Artus

Only "flexible" countries will be resilient

The world is currently characterised by a trend break in the structure of demand: Services are replacing industrial products; Demand for industrial products "of the past" (cars, chemicals, other intermediate goods, industrial capital goods) is declining markedly; On the other hand, demand for other industrial products (aeronautics, weapons, pharmaceuticals, luxury products) is increasing; The way in which energy is produced will have to change quickly. To maintain their growth, countries will therefore have to be "flexible": able to change their productive specialisation, retrain a large number of employees, transform manufacturing jobs into service jobs, etc.
Provider
Natixis
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.

 

Analysts
Patrick Artus

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