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The only countries that successfully created a local industrial ecosystem did it with massive natural and/or artificial market entry barriers/regulations (Korea
by Baguette5242 3y ago
The only countries that successfully created a local industrial ecosystem did it with massive natural and/or artificial market entry barriers/regulations (Korea, China, Japan, Russia).
I believe that until the EU doesn’t dump its absolutist free-market ideology, it will never be able to create an environment suitable for local players to emerge.
- wg0 3y agoThat kinds of curbs will invite retaliation in form of tariffs on EU exports causing more damage than good.
- Baguette5242 3y agoAt some point the tree needs to be shaken. It just cannot go on like this forever. This is insane.