French President Nicolas Sarkozy’s rapid fall from grace is unprecedented in the history of the Fifth Republic. While it is too early to write Sarkozy off, the most serious casualty of the current political climate has been his reform agenda.
Ever since key public figures signed a manifesto in a French magazine denouncing the dangers of a monarchical drift – without ever mentioning the president’s name – the political atmosphere in France has been electric. Nicolas Sarkozy’s rapid fall from grace is unprecedented in the history of the Fifth Republic. His popularity ratings are plummeting, and his party, the conservative UMP, is predicted to fare badly in the municipal elections in mid-March.
What is behind the collapse in Sarkozy’s popularity? Can he recover?
These questions are crucial not only for France, because we are five months away from a French presidency of the European Union that should have been an important step in Europe’s own rebound.
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Since the 1990s, Western companies have invested a fortune in the Chinese economy, and tens of thousands of Chinese students have studied in US and European universities or worked in Western companies. None of this made China more democratic, and now it is heading toward an economic showdown with the US.
argue that the strategy of economic engagement has failed to mitigate the Chinese regime’s behavior.
While Chicago School orthodoxy says that humans can’t beat markets, behavioral economists insist that it’s humans who make markets, which means that humans can strive to improve their functioning. Which claim you believe has important implications for both economic theory and financial regulation.
uses Nobel laureate Robert J. Shiller’s work to buttress the case for a behavioral approach to economics.
Ever since key public figures signed a manifesto in a French magazine denouncing the dangers of a monarchical drift – without ever mentioning the president’s name – the political atmosphere in France has been electric. Nicolas Sarkozy’s rapid fall from grace is unprecedented in the history of the Fifth Republic. His popularity ratings are plummeting, and his party, the conservative UMP, is predicted to fare badly in the municipal elections in mid-March.
What is behind the collapse in Sarkozy’s popularity? Can he recover?
These questions are crucial not only for France, because we are five months away from a French presidency of the European Union that should have been an important step in Europe’s own rebound.
To continue reading, register now.
Subscribe now for unlimited access to everything PS has to offer.
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