Europe is falling behind. Its share of the global economy has been shrinking for decades, and it’s projected to grow more slowly than rivals like the US and China.But one of Europe’s biggest economic problems may be of its own making.
The EU was built to function as one huge economy — where people, money, goods and businesses can move freely across borders. In reality, national rules and barriers still divide it into 27 different markets.
In this episode of Business Beyond, we look at how Europe’s fragmented economy is holding it back and why fixing it is proving so difficult. #dwbusiness
Chapters:
00:00 Introduction
02:21 Why working across Europe is hard
03:53 Why Europe needs one economy
08:21 Why trading across Europe is hard
11:10 Why Europe loses start-ups
13:58 Why Europe lacks investment
18:37 Conclusion
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