Why Macron's industrial strategy is his Achilles heel


As the French presidential elections approach, Mediapart’s economics correspondent Martine Orange examines Emmanuel Macron’s track record in industrial strategy which, she argues, has become his Achilles heel. His involvement in policy making in the domain is not limited to his five years as president, but in fact began ten years ago in the wings of the Élysée Palace, since when France has lost more than one million jobs in the industrial sector, whose contribution to the country’s GDP fell in parallel from around 20 percent to around 10 percent.

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Last November, Emmanuel Macron visited the northern French town of Amiens where he met with a small group of former employees of a factory that once belonged to US domestic appliance manufacturer Whirlpool.