Report
The right model: An efficient industry that enables full employment in services
The reshoring of industry is a popular topic of discussion in France. But given France’s labour costs, the only industries that could be reshored are ones that are high-end and create few jobs. So reshoring will not significantly reduce unemployment. But in reality , this is the right model: industry is efficient and productive; it generates high income, which can be used to create jobs in numerous services, thus achieving full employment. This “right model†can be observed for example in Japan.
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Natixis
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Patrick Artus
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