7 Jul 2018

Is the New Economy Overrated ?

Session 12

Since the 1990s, the term “new economy” has been accepted as a way to describe the upheavals caused in every economic structure by the influx of new technologies. And yet the traditional industrial model, though transformed, is still with us. In addition, there are considerable disparities between States. While Israel seems to be making a success of its “Start-Up Nation” model, it is hard to imagine a Western European country completely transforming its product-based economy into a service-based economy. Beyond the marketing promises of a coming Age of Access for all consumers, what place should be given to the new economy? Conversely, how far should the industrial production system be protected?

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It is not certain that the traditional economy has been rendered obsolete by the new economy, because it partly depends on new forms of access to goods produced by industries. Are we overvaluing the medium-term growth potential of companies in this sector? Is their gigantism in terms of media explained by the ease with which they create monopolistic situations? Is their omnipotence in the stock market throwing their interactions with other companies and States off balance? Are our social models now outmoded, given the trend for entrepreneurship that goes hand-in-hand with the new economy?

Coordination


Lionel RAGOT

Membre associé

Cercle des économistes

Biography

Moderator


Christine KERDELLANT

Editor in Chief

L'Usine Nouvelle

Biography

Speakers


Stéphane BOUJNAH

Chairman and Chief Executive Officer

Euronext

Biography

Binta TOURE NDOYE

CEO

Oragroup

Biography

Philippe VIDAL

Deputy Chief Executive Officer

Crédit Industriel et Commercial (CIC)

Biography

Rémy WEBER

Chairman of the Executive Board

La Banque Postale

Biography

Jun ZHANG

Chang-Kong Professor of Economics

School of Economics, Fudan University

Biography
All the speakers

Contributions

Is the New Economy Overrated_RAGOT

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https://www.youtube.com/watch?v=LWikVACtKB4