Enrico Colombatto
The European Union economy is doing poorly. During the past decade, real gross domestic product (GDP) in the EU has grown modestly (about 17 percent), well below the United States and global average (about 26 percent and 32 percent, respectively). The outlook for the future is bleak. The obvious culprits are low productivity growth […]
In July, the European Commission published its “European Innovation Scoreboard 2024” (EIS), “a comparative assessment of the Research and Innovation performance of EU Member States, other European, and selected third countries.” At first sight, the main results offer a somewhat comforting picture. The scoreboard, overall, shows that the European Union countries do innovate. In […]
The war on inflation is not over, but judging by the data, some battles have been won. In August, the annual rate of inflation was 2.5 percent in the United States and 2.2 percent in the eurozone. Core inflation, which excludes energy and food, was 3.2 percent and 2.8 percent in these areas respectively. […]
Politicians do not pay much attention to demography. Given their electoral horizons, this is hardly surprising. The so-called demographic crisis and its consequences unfold over decades, while in most countries elections of some sort take place at least every two years. Little heed is paid to whether, in the near future, the electorate might […]
As presidents of the United States, Republican Donald Trump and Democrat Joe Biden resided in the White House during the 2017-2020 and the 2021-2024 periods, respectively. Their economic records are difficult to compare, as four years is not much time to evaluate a country’s overall economic performance or to appreciate how past policies or […]