Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Thursday 25/07/2024, 01:56:58

08/05/2007 11:37:50 pm
Opposite Roles? I just landed in a slightly rainy and calm Paris. Only a few signs that a new President was just elected, only some old posters and new headlines.

Nicolas Sarkozy said the other day that "I will not act fast, I will act very fast". He promises a 100 day-program of reforms to revive the economy. It remains to be seen what will be done, though quite a few free-market steps are considered to be likely.

In recent years, it has been common among free-market economists to joke that Europe′s problems can be described in one word: "France". That has always been a provocative exaggeration, but not without substance. Now, the decisive win of Sarkozy might well reverse the roles. France might take the lead in reforms.

Roger Cohen had a column in today′s IHT with 10 conclusions from the French election, which was very interesting. It can be read here, though only for subscribers.

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