The Future of France
PARIS, FRANCE -- Here we are in May and the state of France is taking a breath of fresh air with its possible found hope in new leader, Emmanuel Marcon. Post the French election, Marcon has risen to popularity and now stands as a man to bridge the gap from a divided France. As his leadership follows in the next few months will his people confide in him for support in his movements, or will the French people react to him in the same way as Americans did for Barack Obama.
There remains an uncertainty still as to what he will accomplish, what this ultimately means for France, and what could this shift could mean for fashion industry?
One thing to understand in these politics is to understand where Marcon stood and what these “left-wing” and “right-wing” sides stood for. In a take on past centuries the “right-wing” side stood for closest to ideologies of what was already established for the French government. In this case, this was Brexit as it was becoming a major economic power over the EU. For “left-wing” politics there is the establishment of new, or changing ways to the existing government. For many, Emmanuel Macron stands on progressive policies, aiming to better from the old ways of thinking for France, possibly for the government to appraise a pro-market society. With Marcon’s social liberal stance there could possibly be positive changes for the well-being of France. At this point in March the French people seem to be in relief that Macron has won, hopefully from this wide acceptance there will be an openness to what could come.
In way, from many vantages on the reaction the French people, there is a sense of confidence in their president, which in no way mirrors how the American people held support for Obama in the beginning. For Obama, there was still a mass of uncertainty to what he would accomplish for the American people. In this situation with the French there is an utter confidence in their leader. With Le Pen threatening the original standards of a totalitarian state and pretty much has the same ethics on immigrants as President Trump has currently. This seemed to set the people of France on edge about what Le Pen could be aiming to accomplish, especially her favor for Brexit.
Here we are though as Emmanuel Macron takes his presidency for a better France. Since his keen ability as a former investment banker he plans on targeting Frances economic and financial stability. Also, Macron wishes to target public spending and create a well-rounded budget for public sector and the unemployed labor force, with security he plans to raise the budget GDP to create a larger police force, and his immigration policies are not as severe a Le Pen envisioned, but he will enforce stricter policies. However, although this calls for tougher immigration policies the Asylum benefit was processed in France recently. From what is seen from only a few of these policies Macron promises a better French economy.
So, what does this mean for the fashion industry?
Well, with Le Pen out of the way for Emmanuel Macron there can be growth from imports and exports in fabric supplies from other foreign vendors to connect with. Since Macron has a high respect for the European Union many of their trade ideologies could be implemented. With this this French fashion brands, could benefit from access to affordable imports of quality fabrics and exports would increase. The opportunity spectrum that Macron could be operating on only shows a positive future for growth in the fashion industry and greater accessibility to international exportation of produce. The French fashion industry can expect higher opportunities with Macron as the new leader of the French people.