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 But this reassuring analysis is out of date.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
Tags: #Time, #Wages, #Analysis, #LaurentFabius, #French, #Statesman
Mini who’s who:
Laurent Fabius : French Statesman
Born: August 20, 1946