Towards a New Approach for Upgrading Europe's Competitiveness

Christian  Ketels; Michael E. Porter

Working Paper | HBS Working Paper Series | 2018

Towards a New Approach for Upgrading Europe's Competitiveness

by Christian Ketels and Michael E. Porter

Abstract

The traumatic experience of the European sovereign debt crisis, followed by the outcome of the British referendum on leaving the European Union, has sent shockwaves through Europe. For the first time since the signing of the Treaties of Rome six decades ago, the very notion of European integration as embodied in the institutions of the European Union was being questioned. A substantial improvement in economic conditions and the messy reality of the Brexit process in the UK have since then led to a significant recovery in sentiments about the EU’s future. A majority of citizens in all but three EU member countries view membership in the EU as beneficial. EU Commission President Juncker sees “the wind […] back in Europe's sails.”

Keywords: competitiveness; Economy; Policy; Problems and Challenges; Europe; European Union;

Language: English

Format: Print

29 pages

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Citation:

Ketels, Christian, and Michael E. Porter. "Towards a New Approach for Upgrading Europe's Competitiveness." Harvard Business School Working Paper, No. 19-033, September 2018.

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Towards a New Approach for Upgrading Europe's Competitiveness

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