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EU competitiveness report
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Not sure if I can post the link. But you can search for Mario Draghi's report on EU competitiveness that was published two weeks back. Some interesting points:
- On a per capita basis, real disposable income has grown almost twice as much in the US as in the EU since 2000
- The key driver of the rising productivity gap between the EU and the US has been digital technology (“tech”) – and Europe currently looks set to fall further behind.
- EU’s global position in tech is deteriorating: from 2013 to 2023, its share of global tech revenues dropped from 22% to 18%
- At the root of Europe’s weak position in digital tech is a static industrial structure which produces a vicious circle of low investment and low innovation
- Regulatory barriers to scaling up are particularly onerous in the tech sector, especially for young companies
- Fragmentation of the Single Market hinders innovative companies that reach the growth stage from scaling up in the EU, which in turn reduces demand for financing
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The EU is really a social model focusing on borders, regulations etc. It's economic model is based on protectionism which never works well in the long term. German, the 'engine house' of EU industry seems to have lost it's mojo too. |
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"The EU is really a social model focusing on borders, regulations etc. It's economic model is based on protectionism which never works well in the long term. German, the 'engine house' of EU industry seems to have lost it's mojo too."
They have already passed some ridiculous AI regulations and killed off the AI industry in its buds. I expect them to become an economically irrelevant entity in a decade or two |
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"Not sure if I can post the link. But you can search for Mario Draghi's report on EU competitiveness that was published two weeks back. Some interesting points:
- On a per capita basis, real disposable income has grown almost twice as much in the US as in the EU since 2000
- The key driver of the rising productivity gap between the EU and the US has been digital technology (“tech”) – and Europe currently looks set to fall further behind.
- EU’s global position in tech is deteriorating: from 2013 to 2023, its share of global tech revenues dropped from 22% to 18%
- At the root of Europe’s weak position in digital tech is a static industrial structure which produces a vicious circle of low investment and low innovation
- Regulatory barriers to scaling up are particularly onerous in the tech sector, especially for young companies
- Fragmentation of the Single Market hinders innovative companies that reach the growth stage from scaling up in the EU, which in turn reduces demand for financing
"
Isn’t it funny how the Remoaners of this site are largely silent in this thread? |
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"Not sure if I can post the link. But you can search for Mario Draghi's report on EU competitiveness that was published two weeks back. Some interesting points:
- On a per capita basis, real disposable income has grown almost twice as much in the US as in the EU since 2000
- The key driver of the rising productivity gap between the EU and the US has been digital technology (“tech”) – and Europe currently looks set to fall further behind.
- EU’s global position in tech is deteriorating: from 2013 to 2023, its share of global tech revenues dropped from 22% to 18%
- At the root of Europe’s weak position in digital tech is a static industrial structure which produces a vicious circle of low investment and low innovation
- Regulatory barriers to scaling up are particularly onerous in the tech sector, especially for young companies
- Fragmentation of the Single Market hinders innovative companies that reach the growth stage from scaling up in the EU, which in turn reduces demand for financing
Isn’t it funny how the Remoaners of this site are largely silent in this thread? "
They are busy on the other thread where they are dreaming about getting back into the EU |
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The EU is a failing organisation. Even Micro Macron has said that it could die. Uncontrolled mass immigrations hasn’t helped. Funny how many of the larger countries are now trying to reverse that.
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It appears president macron is a little concerned about it too and wants change. It seems to be shrinking a bit despite new members. Apparently the Pacific trade block is already larger by customers and soon to be larger by GDP as well and growing rapidly |
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"It appears president macron is a little concerned about it too and wants change. It seems to be shrinking a bit despite new members. Apparently the Pacific trade block is already larger by customers and soon to be larger by GDP as well and growing rapidly"
A part of the reason is the ageing/shrinking population in the EU compared to Asian countries. But the EU have been shooting themselves in their foot for a while with their regulations.
One great way to tackle the population crisis is to innovate on technology which will improve output of the people. But they have already passed laws to kill AI use in EU. The EU politicians are doing this bullshit and telling people that they are fighting "those evil corporates". The people are cheering without knowing that it's the European start-ups which are being affected by these regulations. |
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"It appears president macron is a little concerned about it too and wants change. It seems to be shrinking a bit despite new members. Apparently the Pacific trade block is already larger by customers and soon to be larger by GDP as well and growing rapidly
A part of the reason is the ageing/shrinking population in the EU compared to Asian countries. But the EU have been shooting themselves in their foot for a while with their regulations.
One great way to tackle the population crisis is to innovate on technology which will improve output of the people. But they have already passed laws to kill AI use in EU. The EU politicians are doing this bullshit and telling people that they are fighting "those evil corporates". The people are cheering without knowing that it's the European start-ups which are being affected by these regulations."
Yes I think over regulation is one of Macrons main gripes. He says they have no more than 4 years to change things or the EU is in trouble. |
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By *otMe66Man 7 weeks ago
Terra Firma |
The EU is facing a troubling point in time, with political and social unrest at the local level driving member states toward protectionist measures.
The EU Commission champions free trade, that is coming under pressure from the bloc who want the introduction of protectionist policies as a response to their individual global trade tensions and domestic challenges.
It could be the beginning of the end for the EU in its present form.
That does offer opportunities to the UK though, every cloud  |
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"The EU is facing a troubling point in time, with political and social unrest at the local level driving member states toward protectionist measures.
The EU Commission champions free trade, that is coming under pressure from the bloc who want the introduction of protectionist policies as a response to their individual global trade tensions and domestic challenges.
It could be the beginning of the end for the EU in its present form.
That does offer opportunities to the UK though, every cloud "
Apparently Germany was against the Chinese car tariff that EU recently voted for, while the majority countries decided to go with the tariff.
This tariff affects Germany more than other countries because Germany has more trade dependency on China. If this escalates and China decided to put tariff on EU, Germany would be fucked.
This is what happens when you have a single entity making rules for multiple countries. The next decade or two is going to be one heck of a ride for the EU. Others should grab some popcorn and watch I guess. |
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By *ermbiMan 6 weeks ago
Ballyshannon |
"The EU is facing a troubling point in time, with political and social unrest at the local level driving member states toward protectionist measures.
The EU Commission champions free trade, that is coming under pressure from the bloc who want the introduction of protectionist policies as a response to their individual global trade tensions and domestic challenges.
It could be the beginning of the end for the EU in its present form.
That does offer opportunities to the UK though, every cloud "
Always seems to be a thread to put down the EU where an opportunity is given. UK left the party do won't automatically gain. It has to paddle its own canoe. |
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By *otMe66Man 6 weeks ago
Terra Firma |
"The EU is facing a troubling point in time, with political and social unrest at the local level driving member states toward protectionist measures.
The EU Commission champions free trade, that is coming under pressure from the bloc who want the introduction of protectionist policies as a response to their individual global trade tensions and domestic challenges.
It could be the beginning of the end for the EU in its present form.
That does offer opportunities to the UK though, every cloud
Always seems to be a thread to put down the EU where an opportunity is given. UK left the party do won't automatically gain. It has to paddle its own canoe. "
where is the put down of the EU in my post, reality and fiction do not make good partners. |
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By *oo hotCouple 6 weeks ago
North West |
Another stupid anti-EU post that falls down one one rather large point.
U.K. wages have grown slower than EU wages and we are not in the EU.
U.K. wage adjusted wages have grown by a total of £16 per week since 2010 whereas in the 14 years before 2010 wage growth was £145 per week.
What is happening at a fast pace now in the U.K. is that wage inequality is growing as the middle class become poorer, the working class are ever more benefitted by increases to the living wage whilst the uber wealthy see their finances increase astronomically.
There have been no post Brexit benefits for UK wage earners, there have been no post Brexit benefits for consumers and there have been no post Brexit benefits for the majority of small to medium U.K. businesses. The EU were never our bogeyman, they are still not our bogeyman and people who cling on to “bad” news stories about the EU are fooling themselves.
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By *otMe66Man 6 weeks ago
Terra Firma |
"Another stupid anti-EU post that falls down one one rather large point.
U.K. wages have grown slower than EU wages and we are not in the EU.
U.K. wage adjusted wages have grown by a total of £16 per week since 2010 whereas in the 14 years before 2010 wage growth was £145 per week.
What is happening at a fast pace now in the U.K. is that wage inequality is growing as the middle class become poorer, the working class are ever more benefitted by increases to the living wage whilst the uber wealthy see their finances increase astronomically.
There have been no post Brexit benefits for UK wage earners, there have been no post Brexit benefits for consumers and there have been no post Brexit benefits for the majority of small to medium U.K. businesses. The EU were never our bogeyman, they are still not our bogeyman and people who cling on to “bad” news stories about the EU are fooling themselves.
"
The EU is member states, a bloc, how are measuring EU wages, comparing to what sectors etc. |
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The US has played a masterstroke, with the Ukraine war.
Weaken another country that doesn't bend to its will, by getting it bogged down in a long war. While at the same time damage a economic rival block by denying it the cheap energy they were use too.
Very clever strategy from the yanks. |
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"Another stupid anti-EU post that falls down one one rather large point.
U.K. wages have grown slower than EU wages and we are not in the EU.
U.K. wage adjusted wages have grown by a total of £16 per week since 2010 whereas in the 14 years before 2010 wage growth was £145 per week.
What is happening at a fast pace now in the U.K. is that wage inequality is growing as the middle class become poorer, the working class are ever more benefitted by increases to the living wage whilst the uber wealthy see their finances increase astronomically.
There have been no post Brexit benefits for UK wage earners, there have been no post Brexit benefits for consumers and there have been no post Brexit benefits for the majority of small to medium U.K. businesses. The EU were never our bogeyman, they are still not our bogeyman and people who cling on to “bad” news stories about the EU are fooling themselves.
"
Most of my post is just me listing points made by Mario Draghi, the former European central bank president. Is he a stupid anti-EU brexiter? |
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"The US has played a masterstroke, with the Ukraine war.
Weaken another country that doesn't bend to its will, by getting it bogged down in a long war. While at the same time damage a economic rival block by denying it the cheap energy they were use too.
Very clever strategy from the yanks."
Of course, it's all because of bloody Murica. If a European country has an earthquake, people will still blame the US for it |
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"The US has played a masterstroke, with the Ukraine war.
Weaken another country that doesn't bend to its will, by getting it bogged down in a long war. While at the same time damage a economic rival block by denying it the cheap energy they were use too.
Very clever strategy from the yanks.
Of course, it's all because of bloody Murica. If a European country has an earthquake, people will still blame the US for it"
Don't tell me you've done another survey mate, how do you manage it..  |
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"The US has played a masterstroke, with the Ukraine war.
Weaken another country that doesn't bend to its will, by getting it bogged down in a long war. While at the same time damage a economic rival block by denying it the cheap energy they were use too.
Very clever strategy from the yanks.
Of course, it's all because of bloody Murica. If a European country has an earthquake, people will still blame the US for it
Don't tell me you've done another survey mate, how do you manage it.. "
What survey? |
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The primary aim of the EU is to stop another war in Europe. It is doing that, or was until Putin invaded Ukraine. Now it's aim is back to keeping out the Soviet Union.
Economic success is not the only measure of success. China is very successful economically, but I don't see millions moving there.
If Trump gets in as President again we will need the EU badly. The hostility of the USA towards us will cause huge issues whilst Trump's Soviet Union buddy will be emboldened in the East.
This is not the time to crow about a percentage here or there in a Tech sector. There are more dangerous matters to discuss.
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