To survive Moscow, Beijing, and Washington’s economic onslaught, Europe must reindustrialise
https://www.iss.europa.eu/publications/commentary/survive-moscow-beijing-and-washingtons-economic-onslaught-europe-must
Posted by EUISS
To survive Moscow, Beijing, and Washington’s economic onslaught, Europe must reindustrialise
https://www.iss.europa.eu/publications/commentary/survive-moscow-beijing-and-washingtons-economic-onslaught-europe-must
Posted by EUISS
4 comments
Submission statement: With the advent of Trump’s tariffs, the EU has once again found itself caught in the crossfire of great power geo-economic ambitions. It must respond by prioritising EU and partner industries, cutting red tape, and boosting energy production.
Integrate the damn financial markets, remove red tape for investors and so on pls
How the hell is Europe going to reindustrialize? Europe killed their own energy production, which is one of the primary inputs to any industrial process. At least they can tell themselves (while driving in cars whose steel was made in India and working in buildings whose cement was made in China) that they are “good people” – and can let the whole world know it. At least until recently, Europe could point to industrial chemical production (thanks to BASF) but the loss of cheap Russian natural gas has put paid to that, as well.
The EU needs to remove the red tape for business to flow throw easier and streamlined. Europeans love to boast about their individual cultures and their dividing lines of their countries, but if they want to survive in a world with an America that is against them and with the rise of China, they need to change things that make business easier to be done. Especially in the coming decades when Brazil finally takes steps to being a fully developed economy, the rise of southeast Asia, and if Sub-Saharan Africa can ever get things together, they could be a powerhouse to reckon with especially with substantial farming land and resources of the African continent. Europe will fall behind if it doesn’t start getting their heads out of the clouds and actually start to mobilize industrialization and they’re service sectors to compete at least with China and the US for now.
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