The future of European competitiveness – In-depth analysis and recommendations

The report analyzes the future of European competitiveness, focusing on energy-intensive industries, critical raw materials, and digitalization, offering recommendations for enhancing competitiveness and sustainability by 2030.

(Generated with the help of GPT-4)

Quick Facts
Report location: source PDF
Publication date: September 2024
Language: English
Publisher: European Commission
Time horizon: 2030

Methods

The research method involved a comprehensive review of the current state of European competitiveness, focusing on energy-intensive industries, critical raw materials, and digital technologies. It included data analysis, stakeholder consultations, and comparisons with global competitors to identify challenges and opportunities.

(Generated with the help of GPT-4)

Key Insights

The report provides an in-depth analysis of the challenges and opportunities facing European competitiveness, particularly in energy-intensive industries, critical raw materials, and digital technologies. It highlights the significant impact of rising energy costs and the need for decarbonization on the competitiveness of energy-intensive industries, which contribute substantially to the EU economy. The report emphasizes the EU's reliance on imports for critical raw materials and the need to diversify supply sources to mitigate risks. It also discusses the importance of digitalization and advanced technologies in driving innovation and economic growth. The report outlines specific proposals for enhancing domestic production, improving supply chain resilience, and fostering innovation in key sectors. It calls for coordinated strategies at the EU level to address these challenges and capitalize on opportunities for sustainable growth, ultimately aiming to strengthen the EU's global competitiveness by 2030.

(Generated with the help of GPT-4)

Additional Viewpoints

You could leave a comment if you were logged in.
Last modified: 2024/10/26 21:02 by davidpjonker