In a sense, this is the first time that I have the opportunity to start sharing with you how the design and the philosophy of my report are shaping out. For a long time, competitiveness has been a contentious issue for Europe. In 1994, the nobel-prize-to-be economist Paul Krugman called focusing on competitiveness a “dangerous obsession”. His argument was that long-term growth comes from raising productivity, which benefits everyone, rather than through trying to improve your relative position against others and capture their share of growth. The approach we took to competitiveness in Europe after the sovereign debt ... (full story)