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Opinion - By Bruno COLMANT, Member of the Royal Academy of Belgium
Geopolitics is going through a massive upheaval. The United States, under the Trump administration, is going to give its industries an indescribable boost. China, which has become its main rival in many fields, including artificial intelligence, cybersecurity, and green innovation, is also dominating industrial sectors.
Consolidated by a lack of technological modernization, Europe had found it convenient - and highly profitable - to relocate to lower-wage countries. We imported products that were too expensive to manufacture locally, thus benefiting from the wage gap between former developing countries (now developed) and the traditional West. Europe has done little to...
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