“The State must put an end to the counter economy which characterizes overseas territories” | EUROtoday

“When you ask me what is best to do now, I have no idea but do something [“Quand vous me demandez ce qu’il faut faire en priorité, je n’en ai aucune idée, mais faites quelque chose”]. » This is the cry from the guts uttered by the previous president of the European Central Bank Mario Draghi in entrance of the European Parliament, a number of months after the publication [en 2024] of its report on competitiveness, of which solely 14% of the proposals have been carried out at the moment. 2.8 million of our fellow residents abroad are additionally ready for one thing to be finished. In January 2025, we submitted to the President of the Republic our report on abroad territories – excluding New Caledonia –, drawn up at his request. The mission letter was clear: suggest methods to make clear the sharing of abilities between abroad communities and the State, simplify and adapt requirements, develop establishments and develop the financial system and regional integration.

After touring to 5 territories and greater than 130 hearings, we formulated 71 proposals. Despite important nationwide efforts, abroad territories are stagnating. They mix poverty, endemic unemployment and each day dysfunctions of important companies. The State is held answerable for these crises, which gas calls for for autonomy, which come up in opposition to the impediment of dependence on monetary transfers from the French State and Europe. Our conviction is that the rising divide between abroad and France comes above all from social inequalities and structural financial imbalances, which it’s pressing to handle on the supply as a substitute of attempting to alleviate the signs to no avail.

Before signing checks or granting illusory autonomy to territories which might be virtually unable to train it, the State should put an finish to the counter financial system that characterizes abroad territories. To caricature, we export closely sponsored bananas and sugar, to the detriment of agricultural meals manufacturing, and we import every thing else. Questions of competence and standing of abroad communities are subsequently not an finish in themselves, aside from territories which declare independence. The topic is above all that of effectivity within the conduct of financial insurance policies and public insurance policies and the variation of those to abroad France.

You have 62.91% of this text left to learn. The relaxation is reserved for subscribers.