Quote by Laurent Fabius
For a long time many believed that there would be an automatic adj

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 But this reassuring analysis is out of date.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

Other quotes by Laurent Fabius

The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China. – Laurent Fabius

Category:
strength
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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. – Laurent Fabius

Category:
Technology
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Other Quotes from
Technology
category

Im a futurist. Technology is our way out of almost every problem we have. Technology can create a new sense of community. – Hal Sparks

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The real problem is not whether machines think but whether men do. – B.F. Skinner, Contingencies of Reinforcement, 1969

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Technology

This technology will obviously become more prevalent. Who knows what will result? One thing is certain, computer technology will revolutionize the way we tell stories as much as movie film has. – Chris Wedge

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Technology

The further you get into technology, the further you go into gaming. Thats the general rule. – Nick Johnson

Category:
Technology

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