The Lisbon scorecard VII: Will globalistion leave Europe stranded?
Globalisation and the rapid integration of China and India into the international economy present huge opportunities for the European Union. But only those member-states with a strong comparative advantage in knowledge-based goods and services will benefit. The CER’s seventh Lisbon scorecard paints a mixed picture of the EU’s prospects. While some member states are well-placed, others are not and must invest much more in human capital and research and development.