Word: mitterrand
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French voters seem ready to find out. Polls show Royal leading the field of prospective candidates for next year's presidential election, which could make her the country's first female head of state. (In May 1991, President François Mitterrand appointed France's first and only woman Prime Minister, Edith Cresson--and tossed her aside in less than a year.) Royal still has to take on France's hoary political establishment, which isn't quite so ready to yield to her popularity. French political parties remain clannish, ideological nests dominated by their male leaders. "All the polls show French...
...election of Angela Merkel. India has had a woman leader, as have Bangladesh, New Zealand, Israel and Chile - why not France? Because in gender as in so much else, French politicians talk a better game than they play. To be sure, in May 1991 President François Mitterrand appointed France's first and only female Prime Minister, Edith Cresson - but she was tossed aside in less than a year. Jacques Chirac's party was led for three years by Michèle Alliot-Marie, now the Defense Minister, who is as formidable a politician as Royal and would...
...degrees have the cachet of one earned under her aegis at the Ecole Polytechnique or the Université Pierre-et-Marie-Curie (Paris VI). Banks snap up her students, who have mastered the probability equations that hedge funds need to model portfolios. Anne Lauvergeon CEO, Areva Group A former Mitterrand acolyte, she negotiated the 2001 merger of state-owned firms to create the world's biggest builder of nuclear power plants. Reappointed this summer for five more years, she vows to make nukes a clean, safe choice for the post-oil future. Muriel Mayette Head Of La Comedie-Francaise Last...
...engineer by training, Lauvergeon worked as an aide to French President François Mitterrand before joining the Lazard investment bank. In the late 1990s, the government asked her to take over Cogema, a state-owned nuclear reprocessing company. Convinced that nuclear power had a big future, she orchestrated a merger with the other state-owned nuclear company, Framatome, which built plants and mined uranium, to create a French colossus. She has sought to create a positive image for the firm and for nuclear power in general by sponsoring the French yacht in the America's Cup race and by launching...
...market and the price mechanism to guarantee growth and allocate resources efficiently. But those days - when speakers at the Labour Party conference referred to their audience as "comrades," one of Brown's predecessors promised to squeeze the rich until they "howl with anguish," and François Mitterrand won the presidency of France on a manifesto red in tooth and claw - are long gone. As Osborne says: "We've all read Adam Smith now." With the triumph of the market revolution, European politics has been reduced to a choice between technocratic solutions to social problems. (How can health-care costs...