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A plan to make Europe more competitive: Will leaders heed Draghi’s call to action?

A plan to make Europe more competitive: Will leaders heed Draghi’s call to action?

Mario Draghi recently released a report on Europe’s competitiveness that has sparked debate across the continent. The report, which shows Europe lagging behind the US and China in a number of areas, has many asking if the continent’s leaders will heed his call to action.

Jacob Kirkegaard, a nonresident senior fellow with the Peterson Institute for International Economics and senior fellow at Bruegel, joins Thanos Davelis to break down why this report has sparked a debate across the EU, and look at what steps Europe needs to take to meet the challenges before it.