Why Europe is Becoming Economically Irrelevant

Europe, one of the wealthiest and most developed regions in the world has not been doing so well recently... References: https://www.politico.eu/article/europe-on-the-wane-global-economics-demographics-gdp/ https://www.lse.ac.uk/granthaminstitute/wp-content/uploads/2015/09/Working-Paper-206-Fouquet-and-Broadberry.pdf https://www.researchgate.net/publication/254072591_Shifting_patterns_of_economic_growth_and_rethinking_development https://sifted.eu/articles/problem-european-innovation/ https://scholar.harvard.edu/files/aghion/files/impact_of_regulation_on_innovation.pdf https://ec.europa.eu/info/law/law-making-process/planning-and-proposing-law/better-regulation-why-and-how/better-regulation-guidelines-and-toolbox_en http://aei.pitt.edu/79713/1/Young.pdf https://www.economist.com/briefing/2021/06/05/once-a-corporate-heavyweight-europe-is-now-an-also-ran-can-it-recover-its-footing https://www.researchgate.net/figure/Share-of-European-Union-in-world-GDP-1980-2019-in_fig1_282001367 https://www.macrotrends.net/stocks/charts/JPM/jpmorgan-chase/revenue#:~:text=JPMorgan%20Chase%20annual%20revenue%20for,a%209.78%25%20increase%20from%202018. https://www.macrotrends.net/stocks/charts/BNPQY/bnp-paribas-sa/revenue#:~:text=BNP%20Paribas%20SA%20annual%20revenue,a%200.68%25%20decline%20from%202018. https://www.macrotrends.net/stocks/charts/DB/deutsche-bank-aktiengesellschaft/revenue https://www.macrotrends.net/stocks/charts/CRRFY/carrefour-sa/revenue#:~:text=Carrefour%20SA%20annual%20revenue%20for,a%209.76%25%20decline%20from%202018. https://www.macrotrends.net/stocks/charts/WMT/walmart/revenue https://www.mckinsey.com/featured-insights/innovation-and-growth/reviving-innovation-in-europe https://www.rand.org/blog/2017/11/why-the-eu-single-market-has-still-not-reached-its.html https://www.mckinsey.com/industries/technology-media-and-telecommunications/our-insights/europes-start-up-ecosystem-heating-up-but-still-facing-challenges

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