The TenderAlpha Episode
The Alternative Data Podcast
00:00
The Differences Between Europe and the U.S.
In less developed markets, public procurement is a larger percentage of GDP. One of the fastest ways of becoming a millionaire is to work with governments. There are sector differences between Europe and the U.S., where construction gets the largest contract towards aggregate value. But defense is huge in the United States; close to half of the contract goes into defense.
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