The Business Times

Philippe Aghion, Mathias Dewatripont and Jean Tirole

The EU is a regulatory giant, but a budgetary dwarf (with a total budget of around 1 per cent of the bloc’s GDP). Given the scale of today’s challenges, which require economy-wide green and digital transitions, this is a huge handicap.
THE BROAD VIEW

Can Europe create an innovation economy?

What EU member states must do to stop falling further behind the United States economically

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