Since 2008, the UK has had weak productivity growth compared to the US and France. But France's high-investment model offers more lessons for a smaller, more open economy like Britain.
Ursula von der Leyen has said her next Commission will simplify the EU’s complex regulatory environment to boost growth, especially in high-tech sectors.
The EU has imposed fresh tariffs on Chinese EVs. It has good reason to worry about Chinese subsidies, but it is unclear that the tariffs are the right answer to Europe’s lagging competitiveness.
The EU should reinforce the World Bank and International Monetary Fund to stave off a destabilising financing crunch for many emerging and developing economies.
The populist right and far right will not dominate the new European Parliament. But the election results will influence the EU’s agenda and legislation over the next five years.
Putin’s ‘election victory’ does not mean that he will remain in power forever. Western leaders should plan for continued confrontation, but (unlike Putin) they should not fear change in Russia.
