A new political message is urgently needed for the EU, and it must be more political and less technocratic than before. Fiscal compacts and banking unions are much needed, but are insufficient to explain the EU’s raison d’etre to the general public. New opportunities such as the Internet of Things could affect the economies of member states both positively and negatively. The EU must explain how it will deal with this and other new revolutions, highlighting its capacity to maximise the positive outcomes.
Internationally, geo-economics have become an important driver of global fragmentation. For example, resource-rich countries and major consumers like …read more
Source: Europe’s World