"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."
Laurent FabiusTiny Panda Quotes
Quotes by Laurent Fabius
Laurent Fabius, born on August 20, 1946, in Paris, France, is a prominent French politician and member of the Socialist Party. He notably served as Prime Minister from 1984 to 1986, making history as the youngest individual to hold that position. Fabius is also recognized for his crucial role in international diplomacy, particularly as Minister of Foreign Affairs and President of the Constitutional Council. His legacy includes significant contributions to environmental policies and global climate agreements, marking him as a key figure in contemporary French politics.
2 quotes found
"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 But this reassuring analysis is out of date."
Laurent Fabius