As Europe tries to boost its economic growth and become more innovative, the EU must reinvigorate the ‘better regulation’ agenda – and adapt it to how the EU institutions are evolving.
The US has had stronger growth than Europe recently – but its out-performance is easily explainable. Instead of worrying about the US, Europe should focus on itself and avoid repeating past mistakes.
The EU should reinforce the World Bank and International Monetary Fund to stave off a destabilising financing crunch for many emerging and developing economies.
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