Sunday, March 11, 2007
The Economy - European vs. the U.S.A.
This is for anyone who might prefer the European way of doing things...
Finfacts Ireland claims to be Ireland's top business website. They have some interesting points about world economies:
"A report published on Monday says that despite the current economic upswing, the EU is still losing ground vis-à-vis its global competitors – in particular with its current level of investment in R&D already achieved by the US almost 30 years ago. Also, the EU is on the wrong path to reach the Lisbon goals, being 3.4 years too late with regard to the target 70% employment rate by 2010. In addition, the level of productivity (expressed in GDP per employed) was reached by the US in 1989, the report said."
