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                                                                      Three foundations: A competitive, sustainable, inclusive Europe

                                                                      • Publication information

                                                                        08 Oct 2019

                                                                        58 Pages (PDF/EN)

                                                                        ISBN: 978-92-861-4375-5 (PDF/EN)

                                                                        DOI: 10.2867/496239

                                                                      • Related tags

                                                                        • Climate action and environment
                                                                        • Development
                                                                        • Digital and telecoms
                                                                        • Economics
                                                                        • Research, innovation and technology
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                                                                      Part of the series :

                                                                      • Thematic studies
                                                                      • Thematic studies
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                                                                      Description

                                                                      Europe faces a historic opportunity. We need to reimagine European unity as a collective endeavour, as the only way in which we can turn threats to our way of life into the possibility to create a better life for all. This report focuses on three core areas where EU-wide political ambition and investment are truly necessary:

                                                                      • Rapid technological change amid increasing global competition, with digital technologies set to have dramatic impacts across all sectors of the economy. Europe needs to become more competitive through innovation and the fast absorption of new technologies if it is to reap the benefits of this wave of change.
                                                                      • Increasing breakdown of the global climate and other ecosystems due to our economic system, with action on mitigation – and to adapt to already inevitable changes – now incredibly urgent. In part, this is because of the time lags built into natural systems. In part, it is because of the unavoidable path-dependency and pace of our own response.
                                                                      • Growing threats to social cohesion and social sustainability from multiple trends, including how we manage technological change and automation, the climate transition, and societal ageing. This is happening against a background of stalling convergence across Europe, rising income inequality over several decades, rising burdens on households and persistent inequalities of opportunity that are also a drag on economic performance.

                                                                      Competitiveness, sustainability and inclusion have to be addressed together, holistically. This is why this report addresses all three with a focus on the complex interlinkages between them. The vital role of far-sighted investment is a key theme that emerges from this investigation. The critical role of European-level collaboration is another. Instead of merely adapting to change, we need to be proactive through timely reform and investment that sets us on a pathway towards a society that is productive, sustainable and inclusive, by design.

                                                                      All publications in this series

                                                                      • How bad is the Ukraine war for the European recovery?
                                                                      • Recharging the batteries
                                                                      • Unlocking digital connectivity in Africa
                                                                      • A partnership with Africa
                                                                      • Artificial intelligence, blockchain and the future of Europe
                                                                      • Artificial intelligence, blockchain and the future of Europe - Executive Summary
                                                                      • Rural connectivity toolkit
                                                                      • The digitalisation of small and medium-sized enterprises in Italy: Models for financing digital projects - Summary Report
                                                                      • The rise of Africa’s digital economy
                                                                      • Accelerating the 5G transition in Europe - Executive summary
                                                                      • Accelerating the 5G transition in Europe
                                                                      • The EIB COVID-19 Economic Vulnerability Index - An analysis of countries outside the European Union
                                                                      • From starting to scaling
                                                                      • Feeding future generations: How finance can boost innovation in agri-food
                                                                      • Feeding future generations: How finance can boost innovation in agri-food - Executive summary
                                                                      • Smart Cities, Smart Investment in Central, Eastern and South-Eastern Europe
                                                                      • Investing in Europe’s future: the role of education and skills
                                                                      • Inequality in Europe
                                                                      • Migration and the EU: Challenges, opportunities, the role of EIB
                                                                      • Restoring EU competitiveness
                                                                      • Unlocking lending in Europe
                                                                      • ECON Note - The impact of the recession in 2008-2009 on EU regional convergence
                                                                      • ECON Note - PPPs and their financing in Europe
                                                                      • ECON Note n°02-2012 - EIB Priorities Studies
                                                                      • ECON Note n°01-2012 - EIB Priorities Studies
                                                                      • Economic and Financial Reports Volume 01/2010
                                                                      • Economic and Financial Reports Volume 05/2010
                                                                      • Economic and Financial Reports Volume 04/2010
                                                                      • Innovation and productivity growth in the EU services sector
                                                                      • Economic and Financial Reports Volume 03/2010
                                                                      • Economic and Financial Reports Volume 02/2010
                                                                      • Economic and Financial Reports Volume 01/2009
                                                                      • Economic and Financial Reports Volume 01/2008
                                                                      • Economic and Financial Reports Volume 03/2007
                                                                      • Economic and Financial Reports Volume 02/2007
                                                                      • Economic and Financial Reports Volume 01/2007
                                                                      • Economic and Financial Reports Volume 03/2006
                                                                      • Economic and Financial Reports Volume 02/2006
                                                                      • Economic and Financial Reports Volume 01/2006
                                                                      • Economic and Financial Reports Volume 03/2005
                                                                      • Economic and Financial Reports Volume 02/2005
                                                                      • Economic and Financial Reports Volume 01/2005
                                                                      • Economic and Financial Reports Volume 02/2004
                                                                      • Economic and Financial Reports Volume 01/2004
                                                                      • Economic and Financial Reports Volume 02/2003
                                                                      • Economic and Financial Reports Volume 01/2003
                                                                      • Economic and Financial Reports Volume 02/2002
                                                                      • Economic and Financial Reports Volume 01/2002
                                                                      • Economic and Financial Reports Volume 03/2001
                                                                      • Economic and Financial Reports Volume 02/2001
                                                                      • Economic and Financial Reports Volume 01/2001
                                                                      • Economic and Financial Reports Volume 02/2000
                                                                      • Economic and Financial Reports Volume 01/2000
                                                                      • Economic and Financial Reports Volume 02/1999
                                                                      • Economic and Financial Reports Volume 01/1999

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