Friday, January 23, 2015

There will be no prosperity if there is no security – BBC

There will be no prosperity if there is no security – BBC

Francois Hollande is participating for the first time at the Davos forum. In his speech, he made economic development as a safe tool ecologically.

Francois Hollande visited for the first time in its mandate to the World Economic Forum in Davos. In a context where the terrorist threat is stronger than ever and where growth is the sentence, the President said that these two issues are closely linked.

• “The economy is a response against despair and instability “

The head of state began his speech by recalling that France has recently been hit by terrorist attacks. But he denied to any resignation, believing instead that all economic actors have a role to play in stemming terrorism. Francois Hollande has called digital businesses to “take responsibility” to cut short the distribution of illegal content; the financial system to “cut off the supply of terrorism” by attacking both tax havens and money laundering. “Do not let live this beast which also hit you when the time comes,” warned the president who advocated economic development of developing countries to block terrorism.

• “The Earth is not a commodity or an annuity: it is a heritage”

Hollande is also the spokesman of green growth. He noted that today, the number of climate refugees is more important than that of refugees linked to conflict. “Our whole economy is going to change,” prophesied the head of state. He paved the way for discussions to be held at Paris Climate 2015, recalling that there could be a conclusion “if the countries that have not yet dug into the reserves of the world are not reassured about their development” .

The President has linked its presence in Davos of the need to gather some 90 billion before June to finance the Green Climate Fund. “The capital must invest heavily in the green economy,” argued Francois Hollande, addressing both “States, financial institutions and large companies.” He said he was in favor of creating a new market, that of “green bonds”. And linked this issue to that of terrorism, adding that if there was a “volatility, instability, insecurity, there would be no investment.” “You have to build trust,” he insisted.

• “The French economy is preparing to hold its own internationally, technology and industry”

Francois Hollande then welcomed the decisions of the ECB, which “require more audacity to remove bottlenecks to growth and employment.” He recalled that France has already done much to competitiveness but must now get down to be more attractive and productive to become a major exporting power. “France is aware of its strengths, I’m not going to list them, it would be too long,” said he kicked into touch before mentioning nonetheless the research tax credit, one of the tools the ” most powerful in the world “for innovation. “You expect a lot from France and you are right,” was proclaimed the head of state to the rostrum.

• “You can not be a political power if one does is not an economic power “

The Chairman then synthesized the various issues addressed in his speech. “The economy is an element of security, he assured. There will be no prosperity if there is no security. The economy must be growth and hope. That is why we need to facilitate trade and open markets. “

He called on participants at the Davos forum to take responsibility, saying that” the global challenges call for courageous responses. ” “We have to decide, choose, invest, innovate” one purpose, concluded François Hollande: “to protect and save the planet”

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