Coordination for EU Competitiveness

David Pinkus, Jean Pisani-Ferry, Simone Tagliapietra, Reinhilde Veugelers, Georg Zachmann and Jeromin Zettelmeyer

EconPol Forum, 2024, vol. 25, issue 03, 05-09

Abstract: The competitiveness of countries and that of firms are different concepts EU GDP is stable at two-thirds of the US, but productivity growth has lagged since the 1990s. The EU does better on wealth equality and clean-tech export shares The EU faces two supply-side disadvantages: high energy costs; and a fragmented internal market We propose a strategy of “Coordination for Competitiveness”: national-level policy coordination as an alternative to full EU-level integration We illustrate this with two examples: energy policy coordination; and an EU-level ARPA

Date: 2024
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