The Changing Cost Competitiveness of European Economies
Which industries and countries are profiting?
04 June, 2014 | (01 hr)
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During the past few years, southern European countries have rapidly regained cost competitiveness, as wages in the region have declined compared to those in northern Europe. Are we seeing more productive industries emerge as strong alternatives for other economies? What wage growth have we seen recently in different countries? Will rapid wage growth return in the years ahead, evaporating cost-competitive gains?
- The current state of the competitiveness of European economies
- A look into which countries and industries are showing strength in southern Europe
- The future competitiveness of industries in Mediterranean Europe
Gad Levanon, Ph.D.
Gad Levanon is director of macroeconomic research at The Conference Board, where he also leads the labor markets program. He also serves on The Demand Institute™ leadership team.
Levanon created ... Full Bio
Bert Colijn is a senior economist that focuses on the European market. He works on the European Commission FP7 project NEUJOBS, focusing on productivity and economic growth in Europe in 2025. Besides this, he works on developing European indicator... Full Bio