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Le Grand Paris. How would this project generate an economic growth?

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par Nicolas Saouaf
Reims management school - Master 2011
  

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E -c Discussion of the Results

As we have previously seen three out four of the hypotheses have not been verified by the respondents.

The first hypothesis «The greater Paris is not part of the European economic modal», by considering the Grater Paris as a whole, the respondent of the qualitative researches demonstrated that the Greater Paris investment will create an economic growth to the region, which in other words means that the region is well inserted in the European economic system, and will not suffer from its economic structure.

Indeed, even if theoretical works have shown the threats of Keynesian plan in a liberal environment (foreign supplier threat), it would be surprising to see a foreign supplier building the new tube line of Paris. Moreover, even with this aspect, the company would create some jobs in the region, and would also bring foreign workers who will increase the national consumption level.

The second hypothesis «Transport investments will be the main improvements on the economy», has also been unjustified by the qualitative research. Indeed by considering the transports as a support function, the respondents have high-light the inefficiency of a single transit investment, without neglecting its potential effects. Nevertheless as it has been shown a transportation investment will lead to attractiveness for the companies which will create an economic growth. But after all, could this issue be compared to the famous problematic «Who came first, chicken or egg?».

The third hypothesis «The Greater Paris project is a generator for the Green economy», has not been justified neither by the qualitative research. Indeed the respondents have seen correlation between the project and eventual green cluster development. Laurent Bach, project managers rightly assumed that the Greater Paris was not only a «transportation project». Nevertheless, even with the qualitative results, it can still be controversial to see the Green impact of the project at the moment. Indeed, a clear decision would have been the creation of a specific law to enhance this development, nevertheless there is nothing about it. Also La Cité Descartes has often been cited as the future Green Research center of Paris. But it is not easy to see the real impact of the Greater Paris on this competitive center, as the only implication of the Greater Paris in this scientific pole is the creation of a tube station to connect it to the rest of the Parisian agglomeration. Compare to one billion of Euros for Paris-Saclay, the interests of the region for the Green development seems still largely less important. The actual leading position of Paris Ile-de-France in the green development cannot be considered as the result of the Greater Paris. Nevertheless it is also important to precise the future evolution and creation of more projects by the Greater Paris.

The fourth hypothesis «Greater Paris: incubator of IT and R&D», has been justified by the qualitative research. Indeed thanks to the questions it has been possible to see a correlation between the Grand Paris projects and the development of IT with an higher productivity in R&D (IT introduced by the new automatic line, and the investment in Paris-Saclay).

It is also important to evocate some missing subjects in the project so far. Indeed, Georges Meitg talked about the missing of communication concerning the new station visage. It would be essential to have adapted new stations to this new public transport line. The problem of governance also has been mentioned as missing, we still do not know what will be the administrative map of the Greater Paris, and what will be the role of the different institutions. Some answers also concerning the way to finance this project would be also essential.

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