segunda-feira, 4 de julho de 2011
TEc debate motion (2) "This house believes that an economy cannot succeed without a big manufacturing base" - I agree for every sound reason I can think of.
Economies, large or small, require overall balance for countries/societies to move forward in a sustained pattern.A relatively large or small country that plays down manufacturing ends up with an unmanageable structural trade deficit.In most cases financial services and other forms of revenue do not compensate entirely.
Striking a balance is therefore essential to have a sound economy able to grow and allow for higher living standards.
As this debates nears the end I am particularly thrilled that the overwhelming majority voted the way it did.