After about four decades in politics, Jacques Chirac will leave a dismal economic legacy. The Frenc...
After about four decades in politics, Jacques Chirac will leave a dismal economic legacy. The French president, who announced that he won't be seeking re-election, led a weakened and demoralised country that is in need of drastic measures. Almost alone among Europe's conservative leaders, Chirac showed little interest in economics or business. As a result, he allowed the debate to be dominated by socialists. The result can be seen in slow growth, high taxes, crippling unemployment, and a hysterical reaction to globalisation. Unless his successor can turn that around, it is hard to see a ...
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