As the United States begins to look more inward, Europe has to alter its course, too. The European Union has gained a great deal from multilateral trade, but changes in the global macroeconomic and geopolitical environment will force it to strengthen its economic heft. This succinct yet informative analysis from economists Maria Demertzis, André Sapir and Guntram Wolff explains why the continent must reinforce its economic position and well-being in the world. getAbstract recommends this worthwhile report to executives and students of political economics.
In this summary, you will learn
- How the global economy has changed,
- What challenges Europe faces in this new world order and
- What Europe needs to do to promote its standing in a rapidly changing geopolitical and economic environment.
About the Authors
Maria Demertzis is the deputy director of Bruegel, where André Sapir is a senior fellow and Guntram Wolff is the director.