5min chapter

Economics Explained cover image

Why Is Europe's Economy Always Lagging Behind The United States?

Economics Explained

CHAPTER

The Reason Why Europe Lagging Behind the US

Europe has lagged behind the US for a while now, not just in the last decade. But it's important to dig deeper and ask why this is happening - so we get to the foundational issues holding Europe back. And finally, why might this be a blessing in disguise for Europe’s economic future? Nobody can predict the future least of all economists.

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