Financial Times on Nostr: Why Europe will not catch up with the US ========== Former Italian prime minister ...
Why Europe will not catch up with the US
==========
Former Italian prime minister Mario Draghi released a report on EU competitiveness; comparisons with the US overlook Europe's lack of nation-state unity; the US did not plan to outgrow Europe, lacking a competitiveness report; Europe started poorer and has higher welfare state expectations; cultural differences hinder government reforms; the US median age has become lower than Europe's since the 1990s; the US is now the largest producer of oil and natural gas, unlike Europe; Brexit is impacting trade negatively.
#Eu #Us #Competitiveness #Economy #Brexit #MarioDraghi #WelfareState #OilProduction #CulturalDifferences #Trade
https://www.ft.com/content/298008a0-b75d-4062-9cb1-86b12ac30fbd
==========
Former Italian prime minister Mario Draghi released a report on EU competitiveness; comparisons with the US overlook Europe's lack of nation-state unity; the US did not plan to outgrow Europe, lacking a competitiveness report; Europe started poorer and has higher welfare state expectations; cultural differences hinder government reforms; the US median age has become lower than Europe's since the 1990s; the US is now the largest producer of oil and natural gas, unlike Europe; Brexit is impacting trade negatively.
#Eu #Us #Competitiveness #Economy #Brexit #MarioDraghi #WelfareState #OilProduction #CulturalDifferences #Trade
https://www.ft.com/content/298008a0-b75d-4062-9cb1-86b12ac30fbd