PAmid the flood of anxiety-provoking information initially of the 12 months, one determine has gone fairly unnoticed. It is that of American development, which reached 4.3% at an annualized price within the third quarter of 2025, the very best price in two years. This a lot better development than anticipated is accompanied by large investments in synthetic intelligence and know-how. If, for Americans, there’s motive to rejoice – which Donald Trump didn’t fail to do, welcoming these figures “awesome” –, it solely makes the European disconnection much more apparent: the euro zone mustn’t exceed 1.5% development in 2025 and France can be content material with 0.9% or 0.8%.
As the work of the French Observatory of Economic Conditions reminds us, this efficiency hole is principally as a result of weak point of productiveness good points in Europe. In France, specifically, development in gross home product per capita is half that within the United States. Where does this appreciable distinction, which is mirrored in revenue and requirements of residing, come from? Not the common working time, nor the variety of jobs per inhabitant, conclude 4 researchers from the observatory, in a report on the productive cloth revealed in October 2025.
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