HEC Paris press coverage from all over the world
Handelsblatt discusses the challenges France, Italy, and Spain face in meeting the EU's fiscal targets due to their high national debt levels. These countries struggle with inflation and increased spending. Armin Steinbach, law professor at HEC Paris Business School, emphasizes the difficulty in balancing EU budget rules with domestic realities, warning that strict budget cuts could cause significant social and economic tension.
Find MBA discusses how involvement in MBA student bodies, such as clubs and business incubators, can significantly enhance a resume by demonstrating leadership, networking, and practical experience. Sara Vanos, executive director at HEC Paris, highlights that participating in club activities allows students to develop crucial soft skills and build connections with industry leaders, which can showcase their motivation and readiness for career transitions. This engagement offers tangible benefits to both resumes and interviews, giving candidates a competitive edge.
In an op-ed for Neuer Zücher Zeitung, law professor at HEC Paris Business School Armin Steinbach discusses the shift in power dynamics in Paris, highlighting the reduced influence of the French President. This change stems from the emergence of a new balance of power, which affects the President's authority and decision-making capabilities. Factors such as political opposition, public opinion, and institutional challenges are contributing to this evolving landscape, limiting the President's ability to govern as freely as before.
According to an article published by The Guardian, Germany’s decision to extend border controls to neighboring countries, including France and the Netherlands, is seen as a political move aimed at appeasing the far-right. Critics, including Alberto Alemanno, a professor of European law at HEC Paris, argue that this decision represents a disproportionate violation of free movement within the Schengen area. He notes that while the move may not hold up under EU law, it reflects the pressure faced by Chancellor Olaf Scholz from anti-immigration forces within Germany
The Financial Times highlights in this article how business schools are increasingly incorporating geopolitics into their programs to prepare students for a world where political and economic decisions are deeply interconnected. At HEC Paris, Charles Autheman teaches a course on human rights, emphasizing the legal, economic, and corporate responsibilities linked to upholding human rights across the globe. The school also welcomes students from conflict zones through the HEC Imagine program, allowing peers like Lima Safi, an Afghan refugee, to share their experiences and inspire others to appreciate their educational opportunities.
How can the healthcare sector drive its digital transformation despite the challenges of a complex landscape? HEC Paris professor Hélène Musikas lists 7 key strategies in an op-ed for Forbes.
Handelsblatt report that France faces a new fiscal crisis as its budget deficit could rise to 5.6% of GDP in 2024, higher than the expected reduction to 5.1%. The political deadlock following the parliamentary elections exacerbates the situation, with concerns that the deficit may exceed 6% next year if corrective measures are not taken. Armin Steinbach, professor at HEC Paris, warns that without decisive action, France risks both a constitutional and fiscal crisis. He emphasizes that urgent budget cuts across ministries are needed to address the precarious economic situation.
The Financial Times outlines how recent political instability in France could undermine the country's economic achievements. Over the past decade, France has seen significant foreign investment and reduced unemployment. However, political polarization, particularly between the far-left, far-right, and centrist groups, threatens this progress. According to a recent study led dy Yann Algan, professor at HEC Paris, 60% of "angry French" citizens are critical of high taxes and limited access to public services, fueling further discontent across the nation.
Management Today details professor at HEC Paris Business School Georg Wernicke's latest study, which suggests that communicating about CSR can backfire, as conservative newspapers are somewhat inclined to criticise these efforts, regardless of their intent or outcome.
Armin Steinbach, law professor at HEC Paris Business Schools, comments on CNBC the results of the French legislative elections and particularly criticizes the French President: "Macron's gamble didn’t pay off. What he wanted to achieve was clarity, clarification on support for his government, and in that he failed. Moreover, his bloc lost significantly in votes. We are now with a parliament composed of one-third left, one-third right, one-third in the center — it’s fragmented and there’s a risk of a gridlock. I don’t see this as a success for Emmanuel Macron."
