Suchergebnisse

Since the 1990s, growth in the EU15 has been weak. The share of the EU15 in world production has been declining below that of the US & the transatlantic gap has increased to reach 3O%. The EU as a trade area has also become more open to global flows, including from emerging countries. The weakness of innovation-based growth in Europe has become a major issue on the EU agenda. The Lisbon Strategy (2000) aimed precisely at strengthening the EU's potential growth. The heterogeneity of the EU & the Union's limited competencies in such policy areas as labor markets & innovation have hindered progress towards the Lisbon objectives which depend on a better identification of the respective roles of national & EU policies. Graphs, References. Adapted from the source document.