The continent has educated talent, a huge population, and massive wealth. It also has rigid labour laws, crushing tax systems and a bias against risk-taking.
It’s easy to blame “structural rigidities” for what is perceived today as a lack of competitiveness in Europe. But that is only a small part of the reality which businessmen see as impediments to economic growth, according to panelists gathered at INSEAD’s second annual Global Business Leaders Conference – “Europe: Converging on Competitiveness.”
To read the original article: Can Europe Regain Its Once-Competitive Edge? | INSEAD Knowledge
