Under which conditions do European economies achieve solid and balanced wage and productivity growth? In this blog post we analyse two economic models in the EU exemplified by four countries that appear to realise solid wage and productivity growth and compete successfully in global markets. We distill their comparative advantage and point to future challenges such as skills shortages, transformation to a knowledge-based economy and social disparities.
Philipp Ständer is Advisor at the Federals Ministry of Labour and Social Affairs, he formally worked for the Jacques Delors Centre.