"The challenges of the next decades
Stagnant global growth :
- Sovereign economies are facing enormous difficulties [political stability, migratory movements, indebtedness, prices of the main raw materials]
- Decrease in capital intensity [technical progress, increase in population]
- Decrease of the gross product per capita [unemployment + fall in savings = imbalance in the social pact and decline the consumer and employee confidence]
- Public opinion is more activist [customers want you to quickly react to their changing preferences!]"