Manufacturing is once again at the top of Europe's business agenda, with former EU industry commissioner Antonio Tajani proposing an increase in manufacturing's share of GDP from just over 15% to 20% by 2020. But if member states are to achieve this goal, current policy approaches within the EU will need to be rethought.
COLOGNE – Manufacturing is once again at the top of Europe's business agenda. The European Union's previous industry commissioner, Antonio Tajani – who was recently replaced by Elżbieta Bieńkowska – set a goal of increasing manufacturing's share of GDP from just over 15% in 2012 to 20% by 2020. But if member states are to achieve this goal, current policy approaches within the EU will need to be rethought. Any modern industrial policy must involve more than just picking winners.
COLOGNE – Manufacturing is once again at the top of Europe's business agenda. The European Union's previous industry commissioner, Antonio Tajani – who was recently replaced by Elżbieta Bieńkowska – set a goal of increasing manufacturing's share of GDP from just over 15% in 2012 to 20% by 2020. But if member states are to achieve this goal, current policy approaches within the EU will need to be rethought. Any modern industrial policy must involve more than just picking winners.