europe-industry

European industry has been in decline since before the crisis. The industrial revolution began in Europe and, in the 19th Century, the continent was famous as the industrial “powerhouse of the world” (something Europe is often reminded of during climate change negotiations). But just 18% of EU GDP was represented by industry in 2000, and that figure continues to fall (it was 15% in 2014).

We had a comment sent in by Jenny, arguing that European industry has been hollowed out by competition from developing economies. Therefore, she believes the best way to re-industrialise Europe is to “stop buying Chinese stuff and make our own”.

To get a reaction, we recently spoke to Joaquín Almunia, former Vice-President of the EU Commission and Commissioner for Competition, and a trustee of our sister think tank Friends of Europe. How would he reply to Jenny?

almunia-speaksWe cannot provide a future for European industry with a closed economy. We cannot do it with protectionism. We cannot do it by erecting barriers to trade. We can only do it by being more competitive, with better use of technologies, with innovation, using the results of our excellent research networks throughout Europe, with good social dialogue between employers and workers. This way we can build our industries and export our goods.

Europe is able to export high-value goods and services and, in fact, even in these years of crisis we can show a surplus in our trade balance, in our services balance, and in our investment flows. So, Europe needs to ensure the competitiveness of our industries because emerging countries and other players in the world are increasing their competitiveness. But we should not take a defensive attitude. With a defensive attitude, Europe will lose. Europe needs to be proactive, and I am very optimistic of the future of our industries.

To get another perspective, we also spoke to Claire Dhéret, Senior Policy Analyst for the European Policy Centre, an EU affairs think tank based in Brussels. What would she say?

dheretIt’s true that we shouldn’t close Europe to competition from emerging economies, because that wouldn’t be an incentive to make European companies more competitive. However, at the same time, it is also true that there are some rules that should be changed. For exampe, when the EU signs Free Trade Agreements with third countries, those agreements need to be fair and contain advantages for EU Member States.

But is re-industrialisation really the “silver bullet” that Europe needs? We had a comment from Ÿänn pointing out that industry today is largely automated, so even if Europe were to re-industrialise it wouldn’t necessarily help reduce unemployment.

We asked Joaquín Almunia if re-industrialisation is really the solution to Europe’s employment crisis. How would he respond?

almunia-speaksRe-industrialisation is an utmost priority. European industry has suffered during the crisis, but even before the crisis it was suffering because of higher competitiveness from other players in the world. But, of course, modern industry, if it is to have a future and stick to the competitiveness levels of other parts of the world, will not be a big source of employment creation.

21st Century economies require a very, very strong and competitive industrial sector alongside a broader services sector, and it is the services sector that is the main source of jobs (and it will be even more so in the future). If you look at the employment figures, you will see that more and more jobs are being created in the services sector. The important thing to note, however, is that part of these services are provided to competitive industries that increase productivity and create the value needed to redistribute wealth and revenues in our economies. So, whilst it’s true that modern industries will not be the main source of jobs, industry is nevertheless a necessary precondition to creating new jobs in other parts of our economy.

What would Claire Dhéret from the European Policy Centre say to Ÿänn?

dheretIt’s true that the process of automation is already having a great impact on the structure of the labour market, and is also leading to the loss of some types of jobs. But automation is not new, it’s an ongoing process, and I think it’s important not to ignore automation or to try to reverse it because all economies are also automating their industries and it has a huge positive impact on productivity.

However, we also need to make sure that while taking up the process of automation we also invest in new sources of growth and job creation. There are some industrial sectors which have not been explored sufficiently until now – such as the green economy – and we need to make more effort to create jobs in those sectors.

How can we prevent the decline of European industry? Let us know your thoughts and comments in the form below, and we’ll take them to policymakers and experts for their reactions!

IMAGE CREDITS: CC / Flickr – Scania Group


211 comments Post a commentcomment


  1. avatar
    Marco Musazzi

    With more consistent foreign policies, aimed at giving new importance to labour and less to regulatory arbitrage

  2. avatar
    Nando Aidos

    Be “unreasonable” with those European industries that take production overseas but still want to sell their products in Europe.
    Be “fair” with those industries that produce in Europe and try to compete with those industries that manufacture overseas paying “slavery level” salaries.
    … and there is much more that ca be done. It is not rocket science.
    It is not protectionism that is needed. It is fairness.

  3. avatar
    Tim Rokka

    Easy, raise import tolls or impose environmental taxes on products manufactured outside the EU… especially in China making them more expensive and forcing customers to buy locally made products. The Chinese have done that towards EU countries for ages now…

  4. avatar
    fernando cruz

    Be “unreasonable” with those European industries that take production overseas because it is cheap to manufacture there, but still want to sell their products in Europe because it is lucrative to sell them here.
    Be “fair” with those industries that produce in Europe and try to compete with those industries that manufacture overseas paying “slavery level” salaries.
    … and there is much more that ca be done. It is not rocket science.
    It is not protectionism that is needed. It is fairness. It is about creating a society where people can work, have the opportunity to work and make a living and have a dignified standard of living. In Europe and overseas.
    It is a matter of objectives. If the enterprises do not have, as an objective, to be fair to those who produce and consume (it is perfectly clear that enterprises prize the consumer but despise the producer, although they are one and the same person), then government has to create such objective. Countries have to develop such objectives – dignified living for all of their “bona fide” citizens.

  5. avatar
    Rudi Špoljarec

    This Almunia is funny . He’s telling us about free trade and non – protectionism. Funny man . He ‘ s been mixing items , he doesn’t understand or what? Deliberately mixing items ?You can’t compare protectionism – non protectionism if the compared markets are Europe – China or Europe – India . Do you understand or you don’t want to understand.

  6. avatar
    Trond Johannessen

    We spend too much money saving the industries in decline, and too little money providing for transitions to new technology, new industries, harvesting knowledge.

  7. avatar
    Ferenc Lázár

    The owners of big corporations of Europe who taken the industries- as well as European knowhow- to China, India etc. should be financially “punished” hard! Those who are bringing back production to E.U. countries should be rewarded!

  8. avatar
    Jaume Roqueta

    Yes.. europeans are very concerned with free competition but we can not compite with countries where use children slavery… but if your govenment gives you a grant you are banned from the european market!.. hipocresy.

  9. avatar
    Jason Pi

    Industrial production has been systematically and wilfully decimated through fiscal policies in all countries so as to centralise and consolidate it in Germany (which also had government funding) so the question is a tragic charade.

  10. avatar
    Buj Alex

    GDP is the sum of capital that the E.U. generates, and as your figures show it has a concerning downflow in where it should spose to create value!! in our days money comes from commerce and consulting!! we produce the same, we consume the same, as we once did, but form year to year … we argue more on how to consume it or where a.s.o…. we have made population work for “arguing what to do with what we need” !! nobody is realy doing anything, just transfering money through banks, arguing!! arguing on the money, that itself is a GDP generating branch of economy … services , products costs are higher because the amount of capital added to the cost of production is often double than the cost itself … and that capital added reprezents cost of arguing !!! we are a stupid society that worship metterialism and money, though matter is ever-changing and money doesn’t exist … !! limit, by law, the amount of distributors, form factory to shelfs !!! limit the amount of added costs to a product, again.. by law!! leave the profit to choice and reduce taxes !!! and factories will create themselves !! people see that they can stay and earn money … they don’t have to do anything !!! that is why nobody wants to work anymore !!! reduce capital, make everything cheap!! than they will find new goods, better products, and invest more in making them, better quality and more industry … reduce bureaucracy !!

  11. avatar
    Buj Alex

    thousands of managing, informatic and taxing systems have been invented, though nothing has realy changed !! we invented robots, they make our old food and we just wach them do it … we have limited our mindset, to having enough !! … that is sad !!

  12. avatar
    Mario Saverio Donazzi

    L’unico sistema per bloccare il declino industriale europeo, gi in corso, abbandonare l’unione euriopea e tornare ognuno alla propria moneta sovrana! Lo dicono i premi nobel dell’economia.

  13. avatar
    Vicente Silva Tavares

    First we need to reconsider the custom duties policies. European Union – EU has the lowest customs duties in the world. With 3 and 6%, our borders are wide open to imports, therefore destroying our industry. USA has higher custom duties and China for example, start on 90% on European goods with a few exceptions. China custom duties list used to be open free to read on net, now they hide it and sell the information. We can understand why. It is outrageous! India charges 150% on an European bottle of wine. Brazil charges 100% on many imports from Europe. Is this the so famous globalization? Is this what is known as fair trade? Another question is, it should not be allowed the label of Made in EU or in any EU country if it was not produced totally in European countries. An example, some French importers, import Chinese truffles, pack them in France and export to USA as “French truffles”. Not only is dishonest as is damaging the French farmers. The bureaucrats from Brussels impose rules on industry as environment, techical, etc that do not demand from the same goods imported from Asia or any other outer country. If this is not a policy to eliminate our industry and favouring the multinationals that transfer our technology to Asia, produce there and need low custom duties to compensate the costs of transport and having huge profits on the back of the European unemployed., I do not know what is the purpose. One day, we will not have engineers because there will have not industries to give them jobs. One day we will retrocess so much that the technologies will be in China, Taiwan, Japan etc and we will survive on tourism for the rich Asians come over here to see how the former rulers of the world are now impoverished and how “typical” they are. We are committing suicide, slowly.

  14. avatar
    Nikolaos Sotirelis

    Abolish neoliberalism and the stupidity of globalization of the markets’ profits!
    Tax the imported products. Earn again our own production!
    (Greece for instance, back on ’80s, had an industry (secondary sector) that participated 33% at the GDP. Now hardly touches 7%!!! How are you expecting a country to survive under these circumstances?)

  15. avatar
    Igor Krbavčić

    – by focusing politics on making work force the owner of the produced value
    – by investing into creating a leading european culture which still does not exist in EU

  16. avatar
    Tommaso Boldrini

    China, Vietnam and the other countries where the goods ee consume are producted don’t have any rules about environment and job safety. That’s why we can’t compete

  17. avatar
    Rémi Martin

    Simple, by leting each country protectionism and by abolishing articles 32 & 63 from EUFT!

  18. avatar
    Breogán Costa

    let them move to Asia, so, all OK then, more profits…
    Wait a moment, but if everybody is unemployed in Europe, who is going to buy???

  19. avatar
    João De Lalanda Frazão

    I find the article misleading at some points. True, we need re-industrialisation. Yet, there are different types of industrialisation. We don’t want China style industrialisation, otherwise we’d be reversing in the supply chain. Regarding light/steel/medium industries, we should keep an open and liberal economy.
    What’s strange for me is how no one remembered the industrial competitiveness we need is located in major trade partners of ours, namely the US, Japan and South Korea. Those are high-tech, eletronics, luxury, biotechnological, automation and digital industries. For that being, we don’t need to close ourselves to China/India. Yes, the outsourcing flow of European industries was massive to emerging markets, but those industries, in their majority, are the ones we don’t need.
    I still don’t understand how no one has criticized the TTIP or our liberal stance towards American and South Korean high-tech products.

  20. avatar
    Suncica Cvitkovic Anderson

    Only with new technologies! Old industry left forever, we are talking about new energy inventions, batteries, new inventions in clothing and everything for everyday life, but improved and made from new materials. One word, young INVENTORS and investment in them!

  21. avatar
    Franck Legon

    fairness for taxes . stop taxes escape for big corps and make each entity pay in the country where it sales on the amount of income it makes, not on the few benefits its willing to declare, those corps kill the market and new technologies such as hydrogen fuel to keep the market at their hand . stop over taxing small businesses of any kind , first those that will develop new processes in energies craft like hydrolians, solar, geo, wind, etc, so they grow and have us low price (cost and environmentl) energy for inside EU manufacturing . stop helping big agro-industry, help small proximity agriculture especially if related to new – renewable energies . tax dirty transport (trucks, planes), help clean transport ( train, rivers) that needs infrastructural investments . have once for all that financial transaction tax . make tax cut on insulating and clean building materials available for self constructors and stop home owning taxes for the living place of each one own living home . then you’ll have demand and industry growth will be possible .

  22. avatar
    Κωνσταντινος Ζαχαρούδης

    Only by investing in new technology and supporting upgrade of the existing ones. Nevertheless, open borders and open world market automatically leads to spread of products and technology which ballances even and miniumizes local growth.

  23. avatar
    USUF

    According to my point of view EU goverent want reduced some taxes and provide facilities to industrialist because if industries are in Europe so maximum peoples get jobs and provide also more facilities also to students who are the future inventors of EU.

  24. avatar
    ironworker

    Unfortunately I don’t really think there are solutions to this kind of problems. Nothing seems to work to regain the lost steam. My best guess? Reset button, and start everything from the beginning hopefully different this time. The direction Europe is heading today is not the right one.

  25. avatar
    Vinko Rajic

    Tragedy ! Just one example : The greatest and most important Technological revolution in human history has been outsourced to China. German companies tried to manufacture solar panels in Germany but because of some mad conflict with Germany-EU those has been outsourced to China. Some people in EU wants to do banking business and others should clean their offices and toilets . They think Indian economy is the best way to protect humans . https://youtu.be/PwjvDBU4AD8?t=4m20s

  26. avatar
    Larry Moffett

    We must accept that mass manufacturing of standardized products (even high-technology products such as computers and smartphones) has moved to low-cost countries in Asia and will not return. Reindustrialization efforts should rely on Europe’s strengths, which are creativity, artistic flair and innovation. New technologies and processes such as additive manufacturing (3-D printing), rapid prototyping, open source hardware can enable creative individuals (inventors, designers, artists, craftsmen, hackers, DIYers) to become “makers” of innovative, high-value products upon which new businesses and jobs can be generated thanks to novel funding mechanisms (crowdfunding). Successful products will inevitably be mass-manufactured in Asia in order to meet demand, but the higher value of design, branding and marketing will remain in Europe.

  27. avatar
    Petar Kinto Van

    If you look the rich people that spend a 100k? on clothing are feeding rather small group of people that are working. Then other group that would together spend 100k? in many small stores that are a lot cheaper, their cash would be sprayeds more and the flow of the cash would supportal wider chain of industry would be supported. The ultra rich give only to rich…

  28. avatar
    Guillem Martí Bou

    Petar, that has no sense. This money (the rich’s boughts money), Will be after spend or save equally. In fact, if you think about it, you will see That the “luxury industry” is a natural distributor of incomes and profits.

  29. avatar
    Eva Benko Zoltan

    By doing like the Amercans, as Krugman has adised them. They created a 2% inflacion per year, they are rising the salalries of the workers, all the contrary of what Europe is doing, and America is improving. Workers are spending and they economy starsts moving. Like Krugman said, your shopping, my income.

  30. avatar
    Eva Benko Zoltan

    By doing like the Amercans, as Krugman has adised them. They created a 2% inflacion per year, they are rising the salalries of the workers, all the contrary of what Europe is doing, and America is improving. Workers are spending and they economy starsts moving. Like Krugman said, your shopping, my income.

  31. avatar
    Ivan Burrows

    .

    Only by ending the idiotic dictates coming out of Brussels and dissolving the job destroying Eurozone.

  32. avatar
    Ivan Burrows

    .

    Only by ending the idiotic dictates coming out of Brussels and dissolving the job destroying Eurozone.

  33. avatar
    EU reform- proactive

    Wouldn’t it be time for those who always pose these questions also come up at times with their planned proposals on these issues (which actions are mainly determined beforehand) – so that citizens can judge its politicians on their professionalism? Or is it just to dose us with democratic (pretense) courtesy?

  34. avatar
    Marcel

    Tariffs. That’s how. And to undo all ‘free trade’ agreements.

  35. avatar
    Ericbanner

    Very simple ,break up the EU ,revert to national currencies,devalue if necessary and eventually competitivness will return ,free of the burdens and constraints of Brussels.How many times must it be said that diverse ecomomies cannot be tied to a common currency,by now even you europhiles must see this.

  36. avatar
    Vári László

    I think one of the great solution (along with many) would be the introduction of the Basic Income for European Citizens against poverty and unemployment and for the rise of sustainable economy.

  37. avatar
    Christiane Vermoortel

    Maybe we should leave the employment track and start thinking of a future in which income is no longer related to employment. That would be brave and realistic.

  38. avatar
    Mirko Celii

    so you admit that europe has been de-industrialized?
    Could you tell us by who, please?

  39. avatar
    Marco Musazzi

    It is not. It is a foreign policy allowing other (“developing”) countries to develop and not to exploit their workers.

  40. avatar
    Ivan Burrows

    .

    Only ending the antidemocratic EU and dismantling the idiotic Eurozone can end Europe?s employment crisis.

  41. avatar
    Filipe Oliveira

    Almuna and others tell an intrincated lie. If we are to allow imports from other countries it is mandatory that these countries respect human and labour rights, social security, and do not allow for child labour, seggregation and such. Of course these representatives don’t want this because corporations get big profits from the satus quo.

  42. avatar
    Alexandre Graça

    Not allowing other eastern countries to have more atractive beureaucracy and tax profiles while they are also working with overtime underpayed employees. As Norman Osborn said in Sam Raimi’s First Spider-Man: “In short ladies and gentleman on the board, costs are down, revenues are up, and their stock has never been higher.”

  43. avatar
    MARIA SAVIDOU

    LET THE COUNTRIES TO PRODUCE THAT CAN K WANT, WITHOUT LIMITATION / GREECE, WITH BOTH SUN,EATS TOMATOES FROM THE NETHERLANDS!!!!!, STOP BOYCOOT GREEK PRODUCTS (YOU FROM THE TOP)

  44. avatar
    João de Oliveira

    Simple, encouraging production via innovation…, not outsourcing almost all manuf to China and India…simply, producing and rewarding the entrepreneurs and the employees…encouraging births and education…

  45. avatar
    Ovidiu Ozn Bodea

    you should found an equilibre betwen industrialization – the main source of financial resource(were from the money comes) – force of work – real needs for all men kind(not need for peoples that want to catch buterflies in the winter )

  46. avatar
    Anargyros Botsis

    Lower TAXES ! Offer incentives that can not be found in China like Clean Cheap Renewable Energy that will Power Factories, invest in Wind, Solar and Thermo Power, provide Tax breaks and DO RESEARCH and INFORCE Workers Safety. Then the Factories from China, India etc will return, when that happens IMPOSE Sanctions and BAN all Imports that are not coming from EU Member States, and that is how we will sustain Consumption in the United Europe. But all this will Require that all Europeans Unite under a Common Goal and that European Politicians have the necessary BALLS to sit down work hard, take decisions and make it H A P P E N.

  47. avatar
    Stella Tsartsara

    NO! You cannot compete the Asian manufacturing! My view is that the Empire is sinking if you are opting for this kind of solutions. Do not try to bargain the failure at so many other levels! A pity is this will move on….Others have moved to Innovation, others to manufacturing and Europe goes back to the post WWII era….Such a bad decision!

  48. avatar
    Mathias Darmell

    There’s always political measures. Completing the internal market is one. Consumer power is another. We must be prepared to pay for our labour rights and environmental standards. 500 000 000 people have great powers if used.

  49. avatar
    Breogán Costa

    easy: reduce salaries to a lower level than Bangladesh for those with degree, allowing slavery for the others, and in that way, sure our enterprises which were moved (with governments agreement) to low-cost-life Asian areas would come back.
    PS: being sarcastic

  50. avatar
    Vicente Silva Tavares

    One of the reasons of factory dislocation is the very low custom duties, between 3 and 6%, the lowest of the world. For the same kind of products Europe produces, China charge from 90% and over. They are successful because they protect their own country against imports. De-industrialization of Europe is our slowly suicide. We transferred our technology, our science, and in the future, our universities do not form engineers because there are no factories to work, Slowly Europe is going to loose the Welfare State, becoming poorer and poorer. Our young generation will have to emigrate to other countries looking for jobs and Europe will be a waiting to die of old people cemetery because there is no future for the young. But of course, the big corporations dominate European Union – EU and they do not care about us, since they have no country.

  51. avatar
    Mugur Cristian

    Yes, the re-industrialisation and relocation of production from Asia back to Europe is very necessary. We can do better things here in Europe. Actually the relocation of production to Asia is the main factor of the crise here in Europe.

  52. avatar
    Oli Lau

    The employment crisis has been caused by over taxations and over regulations.

    If the states plan to “re-industrialize” Europe, it means that they will again tax successful activities in order to get the needed fund for their “re-industrialization” strategy. In other words you will destroy existing jobs.

    Stop this madness, stay away from the economy.

  53. avatar
    Mathew Sandoval

    Would the latest advances in education not bes the service sought, preserving pre-existing industry and spurring progressive growth?

  54. avatar
    Edgar Da Silva Carreira

    Re-industrialization? No. Thanks. We live in the knowledge society/economy. So, any kind of industrialization don’t make sense nowadays.

  55. avatar
    Estratega Premiado Acutilante

    Exactly, Giorgios. But what the European Commission is trying to do with the TTIP is to surreptitiously to LOWER the environmental rules of the EU to those of the USA.

    Either re-industrialization or implementing a 4-day work week.
    Just choose!

  56. avatar
    eusebio manuel vestias pecurto

    What is lacking in Europe is a level of competitiveness of the peripheral countries if we do not solve these differences continue feeding the last

  57. avatar
    Eva Benko Zoltan

    Everybody knows, what Krugmas said in his visit to Germany. You have to stop austerity, produce about 4% of inflation per year and rise salaries to moove the motor of the economy. But of course this is agaisnt the interest of the oligarquies. The Amercans have done it and they are refering to the crises in past tense. Some American rich have claimed that the crises were too short , to extrext enough benefits from it.

  58. avatar
    Tim Rokka

    Stop the imports from China and Asia. Enforce environmental taxes based on shipping distance!

  59. avatar
    Buzbağ Baris Avci

    what type of endustry- apart from war industry- do you think can solve Europe’s un employment problem? this is a tricky part. we do not need industry. we need mental revolution. other wise war will always take over our lives. then all of our survivors will be enslaved by the war machine itself. Europe should never forget W W 1 & 2 !

  60. avatar
    Harry

    Just find a way to keep the cheap low-price stuff from China away from the EU markets.

  61. avatar
    Vinko Rajic

    That is our tragedy , we are outsourcing jobs that created wealth in EU . Research and industry should be base for EU development and not services .

  62. avatar
    Spaniardfbm

    Open borders. Invest abroad. Stop tinkering with banking rules. Be better than your competitors or go bust.

  63. avatar
    Luis Raposo

    If the Europe, fight the inequality, this method give balance for the consume, today people in europe, as fast earn 300? mouth as fast earn 150000? mouth, but the people who earn 300? mouth don’t consume. :-)

  64. avatar
    Ciobîcă Ovidiu

    Maybe, but not in a corporatist manner. There are lots of sustainable projects for new, green technologies to repalce the old, non performant ones.We just have to pressure governments to make efforts in supporting these projects.

  65. avatar
    Toni Muñiz

    As another follower has stated. Control imports from countries that do not respect human and labour rights, social security etc. etc. We can’t compete with their salaries. And while you are at it, control borders. Having millions of ilegal immigrants does not help the economy either. As over flow of legal migrants who compete with lower wages are not any good for us either.

  66. avatar
    Ali Amir

    To me the must concentrate and out source new emerging asian markets for selling their goods.

  67. avatar
    Andrew

    Automatized production doesn’t mean this will do nothing to unemployment. An expanding business doesn’t require workers doing just assembly line business. Industrial manufacturing will need quality assurance in greater volumes, it feeds shipping business, it will require services (thus business growing alongside it in other areas). Who’s going to design, assemble and maintain robotic production lines, if not human engineers (at least for the foreseeable future) ? Who’s going to program and test those assembly line?

    It’s not a “silver bullet”. There may be no silver bullet and we shouldn’t look for one. We need to tackle this from any and all angles and any idea that helps people get into jobs is worth investing into.

  68. avatar
    Yordan Vasilev

    The key is on other place. The EU is needed of up-and-doing people, the people, who will create businesses and new jobs.

  69. avatar
    Rudi Spoljarec

    The only way is to implement market law , self regulations of it , and stop anti-market influence . It means to establish real competition , where the market of capital , market of human labour is in function. Governments has to make governmental barriers to anti-market influence . For example governments has to stop so called competition from third world . Many of those countries use non-human labour and other non democratic measures to produce cheap goods. Finally it is not competition , but black market. Stop it , by destimulating that kind of import , through very high tax . For example if one t-shirt has the cost of production for 0,50 $ , press it with high tax , so that none wants to import it , and make it at home (Europe) for 1 $. It’s a small and simple example , but that’s the way.

  70. avatar
    Rudi Spoljarec

    The only way is to implement market law , self regulations of it , and stop anti-market influence . It means to establish real competition , where the market of capital , market of human labour is in function. Governments has to make governmental barriers to anti-market influence . For example governments has to stop so called competition from third world . Many of those countries use non-human labour and other non democratic measures to produce cheap goods. Finally it is not competition , but black market. Stop it , by destimulating that kind of import , through very high tax . For example if one t-shirt has the cost of production for 0,50 $ , press it with high tax , so that none wants to import it , and make it at home (Europe) for 1 $. It’s a small and simple example , but that’s the way.

    • avatar
      Roy Singh

      If you Tax Imports from other countries wont other countries Tax your Exports too? I’m sure you understand that the majority of the world is outside of Europe and that constitute the majority of the market. Think about it… :)

  71. avatar
    Marçal Puigdefàbregas

    Less taxes and less bureaucracy would help. But what would help the most is big taxes on importations. We should consume primarily what we produce.

  72. avatar
    Oli Lau

    Stop regulating it like we were in a communist regime (?). Stop taxing it like crazy?

  73. avatar
    Oli Lau

    Stop regulating it like we were in a communist regime (?). Stop taxing it like crazy?

  74. avatar
    Ed Cocks

    By limiting the power of unions and adopting policies which support incentives of profit and income. Most of your other attempts to control your society through “guarantees” will not work.

  75. avatar
    Ed Cocks

    By limiting the power of unions and adopting policies which support incentives of profit and income. Most of your other attempts to control your society through “guarantees” will not work.

  76. avatar
    Toni Muñiz

    Less bureaucracy. Control imports, specially from countries that do not respect human rights or labor rights. There is no point in having our industries follow tremendous requirements and then allowing imports of products that do not have to meet the same requirements.

  77. avatar
    Toni Muñiz

    Less bureaucracy. Control imports, specially from countries that do not respect human rights or labor rights. There is no point in having our industries follow tremendous requirements and then allowing imports of products that do not have to meet the same requirements.

  78. avatar
    Ivan Burrows

    .

    Only by ending the federalist dream of a ‘unified’ Europe.

    Take away competition, accountability and responsibility the outcome will be the same decline the old USSR suffered, which is one of the many reasons we are leaving the EU.

  79. avatar
    Spiros Agiovasiliotis

    ban all products and services that come from countries which do not respect enviromental and labor rights, make it illegal for companies to move out of the eu and stop capital freedom to move.

  80. avatar
    John Flerianos

    Maybe if you didn’t adore soviet russia and followed it as an example, you wouldn’t be having these problems. Europe is a shithole for anyone looking to start any business.

  81. avatar
    Jude De Froissard

    By controlling its balance of imports..exports
    High vat for products from outside the e.u.
    Not signing the TTIP .
    Motivating investments by diminishing a stupid and paralysing bureaucracy.

  82. avatar
    TJ Todorov

    By reducing the employers profit! Increase the personal income taxes for all those shareholders and for the Big managers. They don’t need to make that many billions….

  83. avatar
    Yannick Cornet

    We could also consider a less resources-intensive economy, the planet is asking for it. Although if we are to stick with consumerism a little longer, distributed production of goods via 3D printing with bioplastics sounds somewhat promising. But the car industry must go. That’s just not a 21st century mobility solution.

  84. avatar
    Daniel

    The decline is inevitable whatever you do. Protectionism does not work you say? Really? How come your borders are not open then to foreign scientists, experts, specialists; how come you paying for goods made in Asia, paying profits to them, paying their pension charges and taking national income away from EU manufacturers makes it work? It is you who are the problem – policy makers detached from EU reality.

  85. avatar
    Agla Ntouni

    if Europe wanted, they would have stopped the massive quantity of low quality with tax and control of goods from China!

  86. avatar
    Vinko Rajic

    Tragedy ! Industry and energy are the most important part of EU economy . EU is spending money on banks and services and taking it from industry .

  87. avatar
    Sergio Monava

    Open and free, the technology need to be, industry comes later. See the RepRap world please. u.u

  88. avatar
    Erich Scheffl

    Why are you asking? EU don’t care about people. They sign TTIP, they create financial crisis, they exploit people by unfair financial conditions (Profit for the rich, poverty for the poor, debts for the people) We need: http://www.WWSEEP.com . Work on wefare conditions for all. Otherwise the process of splitting EU goes on.

  89. avatar
    Claudia D'Alessandro

    Forget the TTIP, ban whoever came up with the idea, start considering protectionism until we have a fiscal union , less burocracy and we are thus able to be competitive. Not all industries are declining, though and some which are are doing so because they don’t have the means to keep up with the market pace. We need more technology, our own Silicon Valley. We could start implementing European technology research centers and build European Universities in every country of the union, which would also help with integration- Erasmus is good, but not enough. Not directly related, but surely helpful, would be the creation of a common military- or better social services (in Italy, for example, people could decide if they wanted to serve in the army or in the police/hospitals/ranger forces). This would help with integration and with gaining a common prospective, which would also help achieving greater mobility and probably contribute to increase occupation.

  90. avatar
    Nando Aidos

    I have already posted this and it is not rocket science…
    Be “unreasonable” with those European industries that take production overseas because it is cheap to manufacture there, but still want to sell their products in Europe because it is lucrative to sell them here.
    Be “fair” with those industries that produce in Europe and try to compete with those industries that manufacture overseas paying “slavery level” salaries.
    … and there is much more that ca be done. It is not rocket science.
    It is not protectionism that is needed. It is fairness.
    It is about creating a society where people can work, have the opportunity to work and make a living and have a dignified standard of living. In Europe and overseas.
    It is a matter of objectives. If the enterprises do not have, as an objective, to be fair to those who produce and consume (it is perfectly clear that enterprises prize the consumer but despise the producer, and they have incentives to do so, although they are one and the same person), then government has to create such objective. Countries have to develop such objectives – dignified living for all of their “bona fide” citizens.

  91. avatar
    Michael Pilos

    1. Specialization by State based on competitive or acquired advantage
    2. Using a default language for mobility (English)
    3. Strategic educational Infrastructure for Innovation.
    4. Technology Utilization for efficiency
    5. Invest in Green Energy & renewables
    6. Focus on Quality

  92. avatar
    Ivan Burrows

    Debating Europe

    Firstly the industrial revolution began in Great Britain not Europe, if you can’t get the basic facts right everything that follows loses credibility.

    Simply put Europe cannot compete with countries that have very cheap labour, no worker rights, no H&S and very low overheads.

    This is a lesson Britain learn’t back in the 70’s & 80’s but Europe still has to learn.

    http://www.history.com/topics/industrial-revolution

  93. avatar
    Ivan Burrows

    Firstly the industrial revolution began in Great Britain not Europe, if you can’t get the basic facts right everything that follows loses credibility.

    Simply put Europe cannot compete with countries that have very cheap labour, no worker rights, no H&S and very low overheads.

    This is a lesson Britain learn’t back in the 70’s & 80’s but Europe still has to learn.

    http://www.history.com/topics/industrial-revolution

  94. avatar
    Luciano Lobosco

    Investing in new technologies thanks to a stronger relationship between private and public sector as in USA.

  95. avatar
    Andrew Lally

    by expelling Germany and ceasing Germany’s export subsidy that is the euro – if the Deutschmark were still in use, Volkswagens and BMWs would be far more expensive, whereas Peugeots and Alfa Romeos would be far cheaper.

  96. avatar
    Bluto Blutarski

    With 3 things :
    1) lender of last resort Parliament.
    2) strategic companies in public hands.
    3) redistribution of wealth.

    with these things there will be progress

  97. avatar
    Bruno

    By making our children, children of the world iso europeans. Let their income come from china or wherever and make them smart and wise. Those that do not grow will be bartenders, butchers, shoe salesmen, but the real value creators will work globally and should not care about the place they were born, and certainly about the politicians and administrations that live of taxing activity there.

  98. avatar
    Irena Leibovici

    0. real supervision of the funds through INVESTIGATIVE PREVENTIVE AUDITiNG when is coming tto use the EU or any PUBLIC funds! 1. Improvement of the Education related to concrete opportunities, from the school to LLL. 2. real financial help to REAL R&D and START-UPS! (Sorry to write this, but I saw SUH A LOT OF FAKES in the R&D managing the EU Grants!)

  99. avatar
    HC

    a) Improving the value of the brand Europe – “Made in EU”.
    c) Long term tax benefits for industrial investments made in Europe.
    b) Creating industrial employment programs compatible with european workers.
    c) Strengthening the European identity also throught industry. We cannot and should not compete in the same terms as developing countries (e.g. China).
    d) If necessary protecting the market, whenever the competition is not fair.
    e) Not allowing the privatization of fundamental markets. (e.g. energy, water, communications)

  100. avatar
    Bruno Verlinden

    By not caring about it. By becoming a citizen of the world and generating our income and happiness globally. We should not tie our destiny to the place we are born, because it only gives power to the politicians and administrations that want to live on our backs.

  101. avatar
    Питащият

    Europe will inevitably lose the race in miserable wages and unemployment. Today, capital is mobile and they go where a low-cost country, taxes, labor, electricity Want or do not want, no longer national economies and regions are interconnected vessels.The standard of living of Europe will fall and that of emerging economies will grow. For Europeans – debts, for emerging economies- growth, but huge profits for capital.

  102. avatar
    Глобалността и ние

    Europe will inevitably lose the race in miserable wages and unemployment. Today, capital is mobile and they go where a low-cost country, taxes, labor, electricity Want or do not want, no longer national economies and regions are interconnected vessels.The standard of living of Europe will fall and that of emerging economies will grow. For Europeans – debts, for emerging economies- growth, but huge profits for capital.

  103. avatar
    Ed Cocks

    With a rational approach to government and economics so, probably not.

  104. avatar
    Vicente Silva Tavares

    The international corporations “dislocate” their factories to Asia and pushing Europeans to unemployment. Some times gave Asians the technology and just sub-contract the goods. As to export them to Europe have transports more expensive, lobbied the European Commission to lower the custom duties. So, European Union – EU has now the lowest custom duties of the World, between 3 and 6 %. On the other hand, the Chinese starts on 90% and goes upward. India charges 150% over a bottle of European wine and in exchange we charge 3% on their textiles. Brazil charges 100% on European marble or granite and we charge just 3% to theirs. Little by little China is buying some of the major factories and little by little they transfer the production to China. I bet for the day of Volvo closing down the manufacturing in Europe and just have a front office. Little by little, our youths stop studying engineering because there are no jobs. For a while, the Hi-Tech engineers will have work but, until when? A great part of the population, particularly the young generation, that studied at tax payers cost, will not have jobs and some work on areas where which are well down their capabilities. At the same time unskilled people force their entry to Europe and European Union – EU is happy because they will compete with Europeans to lower unskilled jobs keeping the salaries down. Because of unemployment and immigration, the far-right parties are growing and xenophobia spreading. On the other side the extreme left or disappointed movements are growing as we can see in Greece, Spain or Italy. The undemocratic or populists parties will take over and will destroy the social-democracy that had built the success of Europe, a work of the agreement between Christian-Democratic and Socialists parties. Instability and decadence will grow over Europe. All because of the greed of International corporations and the “Judas” politicians that sold themselves in exchange of a few places in the Director’s Boards of the Multinationals. Wonder why the Roman Empire fall down? We are now living the same times. Guess what comes after the fall of the Roman Empire? Yes, you guessed – The Dark Ages!

  105. avatar
    Olivier Dutreil

    BY PROTECTING EUROPE BORDERS FROM dumping industries from far east which do not respect any norms

  106. avatar
    Vinko Rajic

    Tragedy ! EU is spending time and money on rich bankers , corrupt countries like Greece but nobody cares for the most important and best thing EU has and that is EU industry . Without industry EU is nothing. No good jobs , economy is going to collapse . EU should spend most of time on to develop research and industry .

  107. avatar
    Antonio Santos

    the economic power of europe industries, must face now with the competition of other countries with a growing powerful industries like china, india or brasil, etc………

  108. avatar
    Ulf Skei

    No possible way for EU to compete with industry in countries like China, Taiwan, well you know, markets where cost for employees is a shred of what we have here. Protectionism is impossible in a globalised economy. I think we will have to find new ways to grow in other areas of economy, other fields. Production of services rather than material commodities. Evolution will find a way. It always have, and will.

Your email will not be published

Leave a Reply

Your email address will not be published.

Notify me of new comments. You can also subscribe without commenting.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

By continuing to use this website, you consent to the use of cookies on your device as described in our Privacy Policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.