Europe and France in the New Global Economic Order
Last Wednesday, NEUFLIZE OBC and the Netherlands-France Chamber of Commerce (NFCC) co-hosted a conference led by Olivier Raingeard de la Bletière, Chief Investment Officer at Neuflize OBC, on the theme “Europe and France in the New Global Economic Order”.
The presentation highlighted the major dynamics transforming our economies: geoeconomic fragmentation, technological revolution, energy transition and reshaping of global financial flows — forces that are redefining growth, productivity, and competitiveness in Europe.
At the heart of the discussion was the Draghi Report, a true roadmap for a more competitive Europe, based on innovation, industrial sovereignty, and coordination of economic policies.
Notably, nearly 80% of digital technologies come from outside Europe, illustrating how Europe underperforms compared to the US and China in the technological and industrial race.
To strengthen competitiveness, the report proposes three key actions:
- Closing the innovation gap,
- Pursuing decarbonization goals and enhancing competitiveness via a joint European plan,
- Reinforcing security and reducing dependencies.
Olivier Raingeard’s interventions clearly illustrated the tension between global fragmentation and the need for European unity, between the risk of retreat and the necessity for common ambition.
To paraphrase Olivier Raingeard: “We are aware of the challenges, but not yet masters of the methodology to overcome them.”
This is an essential reflection to understand how France and Europe can preserve their role in a world undergoing massive change.
Many thanks to Neuflize OBC for hosting us in their premises and for this inspiring exchange on the economic challenges of the 21st century. Grateful to all who participated and helped make this discussion enriching.
