A blueprint for transforming EU industry through place-based innovation
Industrial policy is once again in vogue in public policy circles around the world. Yet it is crucial to ensure coherence between place-based innovation and EU industrial policy. For doing so, this contribution proposes a backcasting, mission-oriented and foresight-inspired approach to sustainable, resilient and secure development in the EU. It encourages the EU to fully […]
What must be prioritised for the financial sector over the next five years
For the EU to maintain its competitive edge globally, the von der Leyen II Commission must focus on balancing regulatory simplification with forward-looking strategies in capital market integration, bank competitiveness, digital finance and sustainability. Despite significant growth, Europe’s financial system remains predominantly bank-centric compared with more market-oriented systems. Initiatives like the Capital Markets Union and […]
A critical first response to Mario Draghi’s competitiveness report
On 9 September 2024, Mario Draghi, the former Italian prime minister and former President of the European Central Bank, presented his long-awaited report on the EU economy and EU competitiveness. This is an immense report, 400 pages in total, containing a myriad of proposals to reform and rejuvenate a stagnant and sluggish EU economy, an […]
The EU according to Draghi – as competitive as needed, as sustainable as possible
Landing on Ursula von der Leyen’s desk just as she’s putting together the new College of Commissioners, the long-awaited report by Mario Draghi on ‘the future of European competitiveness’ totals almost 400 pages collaboratively drafted by two (invisible) teams in Brussels and Rome. Draghi‘s opus magnum doesn’t disappoint when it comes to length and ambition, […]
Why it’s businesses (and not the European Commission) that need to ensure sustainable supply chains
It’s the same old story – when push comes to shove, no one wants to pay, especially for sustainability. We want more sustainable practices, production and supply chains but there are few who are willing to actually open their wallets for such a cause. In the last few weeks several actors have urged the European […]
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