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El reto francés de la economía de guerra

El reto francés de la economía de guerra
HEC Paris - © Raw Pixel

El País reports on France’s efforts to double its defense budget by 2030 despite economic constraints. To fund rearmament without raising taxes or cutting social spending, the government is encouraging citizens to invest in defense firms. Economy professor at HEC Paris Business School Tomasz Michalski notes that the key challenge is scaling up industrial capacity, calling the shift a test of France’s ability to reindustrialize for military production​