858 resultados para Weak economies


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A society acts sustainably if it ensures the long-term stability and productivity of ecological, sociopolitical and economic systems. In the past, issues of sustainability were typically handled separately, neglecting individual measures’ effects on other elements implied by a comprehensive conception of sustainability. The challenge ahead is to develop a holistic strategy for sustainable economic activity that takes into ac-count interdependencies between the various aspects of sustainability, and does not seek to solve problems of sustainability at other aspects’ expense.

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There is a significant divide between the European Union countries with the greatest capacity to innovate, and those with the least capacity to innovate. The difficult convergence process has been proceeding only very slowly and unevenly, and more recently seems to have come to a halt. A particular weak spot for the EU is corporate investment in research; in this area, the intra-EU divide is growing. As the business sector is responsible for the persistent R&D intensity gap between the EU and the United States and Asia, the persistent failure of lagging EU countries to catch up in this area provides much of the explanation for the EU’s weak performance compared to other economies. The evidence shows that the deployment of public budgets and the mix of policies employed by EU member states have tended to aggravate the intra-EU divide. The EU needs to better understand its growing internal innovation divide if it is to achieve its ambition of becoming a world innovation leader.

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At head of title: Prepared for the AID Percy Amendment Subcommittee on Agriculture, Nutrition and Rural Development.

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Bibliography: p. 127-128

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