By LIZ ALDERMANMARCH 22, 2014
French entrepreneurs have been fleeing to other countries, especially England, which some 350,000 now call home. London is a favorite destination for tech entrepreneurs, but other cities have attracted the French as well.
France has been losing talented citizens to other countries for decades, but the current exodus of entrepreneurs and young people is happening at a moment when France can ill afford it. The nation has had low-to-stagnant economic growth for the last five years and a generally climbing unemployment rate — now about 11 percent — and analysts warn that it risks sliding into economic sclerosis.
It resonates perfectly with what Jean-Pierre Ledauphin wrote in Make it Big in the USA just because you are French.