Föhrenbergkreis Finanzwirtschaft

Unkonventionelle Lösungen für eine zukunftsfähige Gesellschaft

Posts Tagged ‘Macron’

French Presidents Once Acted Like Referees. Then Came Emmanuel Macron

Posted by hkarner - 9. Januar 2018

Date: 08-01-2018
Source: The Wall Street Journal

New leader is revamping labor laws, co-opting opposition political parties and dividing union leaders. The question now is whether his free-market blitz will stick.

PARIS—Weeks before President Emmanuel Macron took office, a business leader confronted him about his plans to sidestep Parliament and pass a sweeping overhaul of the country’s labor system by decree. Even in the middle of World War I, the business leader said, French presidents had sought the approval of Parliament.

Mr. Macron brushed him off. “He believes what people want are results, not debates,” the businessman said.

Eight months into his term, Mr. Macron has placed the exercise of unfettered executive power at the center of his presidency. From Jacques Chirac to François Hollande, presidents have long played the role of referee in French democracy. They have governed by consensus—settling disputes among factions in Parliament, shuffling their cabinets to forge or renew political alliances, and weighing in to calm tumultuous street protests.

Mr. Macron doesn’t negotiate with his opponents. He disarms them. Den Rest des Beitrags lesen »


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Kann Bewegungspolitik die europäische Demokratie erneuern?

Posted by hkarner - 4. Januar 2018

Jan-Werner Mueller

Jan-Werner Mueller is a professor of politics at Princeton University. His latest book is What is Populism?

PRINCETON – Viele Menschen rechneten damit, dass ganz große politische Geschichte des Jahres 2017 der Triumph des Populismus in Europa sein würde. Aber es kam anders. Als größte Geschichte erwiesen sich vielmehr selbsternannte „Bewegungen“, die traditionelle politische Parteien völlig umdrehten oder an deren Stelle traten.  

Man denke an die Bewegung La République En Marche! des französischen Präsidenten Emmanuel Macron, die im vergangenen Frühjahr sowohl die Präsidenten- als auch die Parlamentswahlen in Frankreich beherrschte. Oder man denke daran, wie der 31-jährige Sebastian Kurz Ende des Jahres österreichischer Bundeskanzler wurde, nachdem er die konservative Österreichische Volkspartei (ÖVP) zu einer Bewegung namens „Liste Sebastian Kurz – die neue Volkspartei“ umgekrempelt hatte.

In ganz Europa erleben immer mehr Wähler die traditionellen politischen Parteien als eigennützig und machthungrig. Auch in den Entwicklungsländern werden etablierte Parteien wie der Afrikanische Nationalkongress (ANC) in Südafrika mittlerweile weithin als korrupt wahrgenommen. In vielen Fällen wandelten sich traditionelle Parteien zu Strukturen, die von Politikwissenschaftlern als „Kartelle“ bezeichnet werden: sie bedienen sich staatlicher Ressourcen, um an der Macht zu bleiben und, ungeachtet ihrer politischen Unterschiede, arbeiten sie zusammen, um Herausforderer fernzuhalten.  Den Rest des Beitrags lesen »

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Can Europe Sustain the Macron Moment?

Posted by hkarner - 14. Dezember 2017

Carl Bildt was Sweden’s foreign minister from 2006 to October 2014 and Prime Minister from 1991 to 1994, when he negotiated Sweden’s EU accession. A renowned international diplomat, he served as EU Special Envoy to the Former Yugoslavia, High Representative for Bosnia and Herzegovina, UN Special Envoy to the Balkans, and Co-Chairman of the Dayton Peace Conference. He is Chair of the Global Commission on Internet Governance and a member of the World Economic Forum’s Global Agenda Council on Europe.

The European Union’s political and economic outlook improved dramatically in 2017, following a year in which the bloc reeled from the United Kingdom’s Brexit referendum and Donald Trump’s election in the United States. But European leaders must not become complacent in 2018, or the EU could be thrown into crisis yet again the following year.

STOCKHOLM – At the start of 2017, many feared that the European project would experience a near-breakdown within the next year. The United Kingdom had decided to leave the European Union, the United States had elected a president who cheered the Brexiteers on, and populists running in the French and German elections posed a clear danger to European integration.

As we approach the start of 2018, the picture is very different. The European project has not only survived, but may be gaining new momentum. At least within the bubble of EU institutions in Brussels, one senses a newfound confidence. Den Rest des Beitrags lesen »

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A New Grand Coalition for Germany – and Europe

Posted by hkarner - 29. November 2017

Jeffrey D. Sachs, Professor of Sustainable Development and Professor of Health Policy and Management at Columbia University, is Director of Columbia’s Center for Sustainable Development and of the UN Sustainable Development Solutions Network. His books include The End of Poverty, Common Wealth, The Age of Sustainable Development, and, most recently, Building the New American Economy.

With America AWOL and China ascendant, this is a critical time for Germany and the European Union to provide the world with vision, stability, and global leadership. And that imperative extends to Germany’s Christian Democrats and Social Democrats.

NEW YORK – Friends of Germany and Europe around the world have been breathing a sigh of relief at the newfound willingness of Germany’s Christian Democrats and Social Democrats (SPD) to discuss reprising their grand coalition government. The world needs a strong and forward-looking Germany in a dynamic European Union. A new grand coalition working alongside French President Emmanuel Macron’s government would make that possible.

The SPD’s initial decision to go into opposition after its poor election result in September may have been sincere, and even strategically sound. But it is not timely. Diplomacy almost everywhere is fractured.

The United States is reckoning with a psychologically unstable president, a plutocratic cabinet, and a Republican congressional majority. Europe is in the throes of multiple economic, social, political, and institutional crises. China, by contrast, is dynamic and outward-looking – providing good reason for the EU to assume vigorous leadership and engage in constructive partnerships with China on key initiatives (such as sustainable infrastructure across Eurasia). Den Rest des Beitrags lesen »

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Right, Left, and Macron

Posted by hkarner - 23. November 2017

Zaki Laïdi, Professor of International Relations at L’Institut d’études politiques de Paris (Sciences Po), was an adviser to former French prime minister Manuel Valls. His most recent book is Le reflux de l’Europe.

At a time of deepening inequality, the primary challenge France faces is to shift its focus from damage control to damage prevention. President Emmanuel Macron’s policies will need to be assessed on the basis of that goal, not according to ideological labels that have lost significance.

PARIS – French President Emmanuel Macron, once viewed as the quintessential centrist, has lately been labeled a right-wing politician. He has, after all, eliminated the wealth tax, introduced greater labor-market flexibility, cut housing benefits, and introduced reforms to higher education – policies that a majority of right-wing voters embrace. But things aren’t quite that cut and dried.

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The Twilight of Angela Merkel

Posted by hkarner - 22. November 2017

Philippe Legrain

Philippe Legrain, a former economic adviser to the president of the European Commission, is a visiting senior fellow at the London School of Economics’ European Institute and the founder of Open Political Economy Network (OPEN), an international think-tank whose mission is to advance open, liberal societies. His most recent book is European Spring: Why Our Economies and Politics are in a Mess – and How to Put Them Right .

While Angela Merkel’s departure may not be imminent, her power is leaching away. With Germany set to turn further inward as it struggles to form a new government – and possibly heads to another federal election next year – a hole has emerged at the heart of Europe, and France’s president, Emmanuel Macron, will not be able to fill it alone.

BERLIN – Amid all the crises and upheavals that have battered the European Union over the past decade, one fixed point has been the stolid, stable government of German Chancellor Angela Merkel. But, following the collapse of talks to form a new coalition, Merkel suddenly seems mortal.

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The pendulum of power swings back towards the state

Posted by hkarner - 21. November 2017

A remarkable and brilliant analysis by the first female Editor-in-Chief of The Economist (hfk)

Date: 21-11-2017
Source: The Economist

Three reasons to expect a shift in the balance between governments and markets, predicts Zanny Minton Beddoes

If 2016 was the year of shock populist victories, 2017 brought a surprisingly placid response. There was plenty of anguished rhetoric. Commentators (including this one) fretted about the liberal world order. Mainstream politicians promised a reboot of globalisation that addressed the anger of left-behind voters. But in practice remarkably little changed.

The world economy accelerated to its strongest pace since the start of the decade; stockmarkets hit record highs and measures of financial risk were unusually low. In the two countries where populists had most dramatically upended the status quo, the immediate policy consequences were both modest and strikingly backward-looking. Britain’s Brexit vote was followed by an election that left the Conservative Party enfeebled, whereas the Labour opposition soared with a 1970s agenda of nationalisation, union power and higher taxes. In America President Donald Trump took potshots at globalisation (cancelling a trans-Pacific trade deal and promising that America would pull out of the Paris climate accord). But his main economic focus was on deregulation and tax cuts: the standard Republican fare since the 1980s.

Even Emmanuel Macron, who surged to power in France with the promise of a new kind of pro-globalisation social contract, began with reforms to the labour-market that most other European countries had enacted years ago. If populism is remaking capitalism, it seems so far to be a modest recalibration.

It is unlikely to stay that way. As 2017 draws to a close, the strong performance of insurgent parties in elections in Germany, Austria and the Czech Republic shows that the rich world’s populist wave has hardly dissipated. In Italy, the elections in 2018 might give the anti-establishment Five Star Movement the largest number of seats in Parliament. Some emerging markets will also see a populist surge, notably Mexico, where Andrés Manuel López Obrador, a seasoned firebrand, has gained from Mr Trump’s anti-Mexican rants. Den Rest des Beitrags lesen »

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Europe Beats America

Posted by hkarner - 1. November 2017

Date: 31-10-2017
Source: The Wall Street Journal

French and Dutch tax reforms raise the stakes for Washington.

French President Emmanuel Macron.

Good news: Tax reform is still possible. Or at least it is in Europe, which is a
challenge to America as Washington’s battles over credits and loopholes risk leaving the U.S. behind.

France is the happiest surprise. President Emmanuel Macron last week pushed a budget featuring substantial tax relief through the National Assembly. The top rate on corporate profits will fall to 28% by 2020 from 33.33% today, and Mr. Macron has promised 25% by 2022. Paris is rolling out a flat 30% rate on capital income such as realized gains and dividends, compared with rates as high as 45% on some gains today. The budget also eliminates the wealth tax on all assets except real estate.

Critics branded Mr. Macron “the President for the rich” for these overhauls, but the main effect will be to stimulate investment and job creation alongside the major labor-market overhaul Mr. Macron introduced this summer. The tax cuts are also a bid to woo businesses thinking of leaving Britain after Brexit. Even dirigiste Paris has figured out that tax codes can’t be confiscatory in a world of globally mobile capital and labor. Den Rest des Beitrags lesen »

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Can France and Germany Come Together?

Posted by hkarner - 31. Oktober 2017

Date: 31-10-2017
Source: Project Syndicate by DOMINIQUE MOISI

Dominique Moisi is Senior Counselor at the Institut Montaigne in Paris. He is the author of La Géopolitique des Séries ou le triomphe de la peur.

The crisis in Catalonia and the resilience of European populists have made a well-functioning Franco-German partnership more important than ever. But if the European project is going to have any chance of surviving, the gap between German prudence and French audacity will have to be bridged.

PARIS – Seven months ago, when Marine Le Pen of the far-right National Front had a chance of winning the French presidency, Germany feared for France’s future. But after Germany’s federal election in September, France has not been particularly afraid for its neighbor. The extreme-right Alternative für Deutschland (AfD), for all its gains, is not about to come to power. Germany, after all, is not Austria.

Nevertheless, French and German elites have found a common cause for concern: Germany may be unable to seize the exceptional opportunity created by French President Emmanuel Macron’s victory. Before, the problem was not that Germany was too strong, but that France was too weak. Now the problem is not that France is too ambitious for Europe, but that Germany is not ambitious enough. Den Rest des Beitrags lesen »

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Can Macron’s „Fire and Fury“ Lead a Renaissance for Europe?

Posted by hkarner - 7. Oktober 2017

Date: 06-10-2017
Source: YaleGlobal

Over the past decade, France as Europe’s third largest economy has not pursued an ambitious agenda as a member of the European Union. Likewise, resistance to political reforms has led to tepid economic growth hovering around 1 percent with only a few countries faring worse. President Emmanuel Macron, rejecting nationalism and embracing the potential of the European Union, may revitalize the French role. “Macron has moved to a dual strategy,” explains François Godement, a senior policy fellow with the European Council on Foreign Relations. “Use European needling to push domestic reforms, leverage these reforms to lobby the entire European Union for deeper integration, and needle Germany in the direction of federal economic governance for Europe.” Moving swiftly, Macron offers numerous policy proposals, pointedly avoiding treaty changes or mutualizing members’ past debts. Critics grumble about a jumble of policies, and Godement concludes that careful diplomacy is required in convincing other EU members, including Germany, that sticking with the status quo, avoiding reforms, will lead to Europe’s failure. – YaleGlobal

Macron, avoiding treaty changes, moves swiftly in proposing reforms to revitalize the European Union and France’s role
François Godement Den Rest des Beitrags lesen »

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