– Paris: watch out!
– Emerging countries: Taking the plunge in Yuan waters
– Raw materials: Oops!
– New finance: yours to experiment with
Paris: watch out!
Between ‘Grand Paris’, world capital of luxury, European financial hub and the Olympic city in 2024, Paris is about to rise through the ranks. The sleeping beauty of recent decades has continued to grow without anyone noticing. Since 1965, Greater London has allowed London to line up figures and sales pitches while the 2 million inhabitants of the French capital did no longer impress anyone. Despite the in fact 12 million inhabitants of the Paris metropolitan area (identical to the population of Greater London), Greater Paris is struggling to really emerge. With the city of Paris, the Greater Paris metropolis and the Île-de-France region embroiled in trench warfare, the question of who, region or city, will take control of Greater Paris remains open. This is something which is still to be decided, especially since suburban municipalities (the richest ones mostly) also seek to defend their own turf. But we expect the situation will begin to resolve from 2020 on (the date of the next municipal elections in France).
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