The author repeatedly highlights a glaring lack of investment in research, innovation and digital transformation. To close the gap, France would need to increase its R&D spending to 3% of GDP, compared to 2.19% in 2023. Unlike Germany, which uses its investments abroad to strengthen its domestic economy, France has focused on the internationalisation of its multinationals, whose success brings little benefit to the country.
Another weakness highlighted is the management of public spending: despite budgets above the European average in key areas such as health and education, the tangible results are struggling to convince the public.
In conclusion, this book, which is rich in factual data, offers a nuanced view of France: a country that is performing well in some areas, struggling in others, and sometimes in decline. However, solutions do exist, as the country possesses strengths and potential that urgently need to be harnessed.
This book is recommended for all curious minds seeking a clear, well-documented view of France today.
Pierre-André Buigues is an economist. For 22 years, he held senior positions at the European Commission, and subsequently worked as a lecturer at Toulouse Business School. An expert on European affairs, he has also worked as an international consultant and adviser for various global institutions. He is the author of numerous reference works.
Book review by Sophie FRIOT