JRC contribution to the World Economic Forum Europe 2020 Competitiveness Report
On June 10 2014, the World Economic Forum (WEF) launched the latest edition of its Europe 2020 Competitiveness Report in Brussels. Speakers at the event included Catherine Day, secretary general of the European Commission, Nicholas Davis, director, head of Europe of the WEF, and Caroline Galvan, WEF economist.
The study draws on the WEF’s global competitiveness and benchmarking data, as well as other international sources such as the OECD or UNESCO, and measures countries’ levels of competitiveness via a methodology that mirrors the Europe 2020 strategy. The goal of the report is to provide a platform for constructive dialogue between business, civil society, governments and European institutions on the areas requiring attention and improvement in order to achieve a competitive, inclusive and sustainable Europe.
The JRC was asked to contribute an extended box to the WEF report, on the basis of joint work between the JRC and the Directorate Genederal on Regional and Urban Policy (DG REGIO) on the Europe 2020 strategy. In particular, the JRC and DG REGIO developed a Europe 2020 regional index, which summarizes the distance to the Europe 2020 targets. This index shows a wide variation both between and within EU Member States. Overall, regions in Bulgaria, Romania, Greece, Croatia, southern Spain and southern Italy have the greatest distance to the 2020 targets. Moreover, regions with a national capital tend to score better than the other regions in the country, while many countries harbour wide disparities in their distance to the Europe 2020 targets. The gap between regions in Italy, Spain, Romania and Belgium is particularly high. Public policies need to take this regional variation into account to be effective.
- WEF: The Europe 2020 Competitiveness Report - Building a More Competitive Europe (JRC input on pp. 22-23)
- The Europe 2020 Regional Index (JRC report, forthcoming)