For a long time many believed that there would be an automatic adjustment and counted on a rapid increase in the wages of the emerging nations, on our advances in technology and the costs of transport preventing disruption. But this reassuring analysis is out of date.
More Quotes from Laurent Fabius:
France on its own cannot impose its point of view. But neither should it give up on its demands. With a clear vote for change France will be in a strong position.Laurent Fabius
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I am a partisan and artisan of Europe. But I draw the lessons of my experience in government.
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The demographic weight of countries such as China and India exercise a massive pressure on our wages and salaries. They have accomplished massive technological advances and the revolution in information technology has reduced the costs of transport.
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The Commission's proposal was adopted by all countries except Ireland, ... It is true it is the first time that such a step has been taken and it is obviously important.
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Based on Topics: Computers & Technology QuotesBased on Keywords: adjustment, automatic, disruption, reassuring, transport
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