How Europe too could be a Superpower, like China and the US!

.@GuntramWolff argues that the #EU will need a three-pronged long-term strategy: to improve its own #Investment climate; to enhance its own #Security capacity; and to strengthen further its #Innovation, especially in the digital domain. https://t.co/SmXMMOqK52

— Satyen Baindur (@Satyen_Baindur) May 13, 2018

Euro Area Reform and the Case of Italy

'#Italy's fiscal problems arise not from recent profligacy - except 2009 (imm post-#GFC), its primary balance (ie excluding interest payments) has been surplus for 2 decades.' The root cause is high debt 4m 1980s & low growth post-1998 #EMU; plus 'cronyism & familyism' @zingales https://t.co/rgeCw31ey2

— Satyen Baindur (@Satyen_Baindur) May 6, 2018

.@voxeu @GuntramWolff on #EuroArea's structural weakness & macroeconomic imbalance: priority that #Germany address its low investment, #France its overly high & inefficient government expenditure; & #Italy its low productivity growth & weak institutions. https://t.co/UF0wnhh0ka

— Satyen Baindur (@Satyen_Baindur) May 6, 2018