This report was prepared by the Institute for Market Economics (IME) and is dedicated to the study of skills mismatches in the EU and their effect on the competitiveness of EU businesses. It includes a comprehensive review of existing literature on the issue and outlines some of the main conclusions regarding the relation of skill mismatches to education, personal and aggregate productivity, labour market dynamics and outcomes, innovation capacity and competitiveness.
This study examines the impact of cyber-related threats and challenges on corporate Europe and the degree of engagement of European businesses in tackling issues at stake. Although the new digitization era offers huge economic and social opportunities, it also changes the nature and magnitude of cyber risks and creates new vulnerabilities cyber attackers seek to exploit.
SMEs are the backbone of the EU economy and have been placed in the focus of European policy following the adoption of the Small Business Act in 2008. This study makes a comprehensive overview of EU support initiatives for SMEs in the period 2007-2015 with the aim to assess the effectiveness of EU SME policies – both in terms of their formulation and implementation.
Digitalisation is transforming business landscapes and the world of work, and redefining the boundaries of production, consumption and distribution. This has created tremendous opportunities, as new products, processes and techniques have emerged, but has also created threats, as new ways of employment pose new challenges to employers and employees. The overall consequences on labour markets are, however, still highly uncertain, which is reflected in the wide variation in the outcomes of the existing research.
The publication is a summary of the conference "Does the EU encourage private sector investment" that took place on 11 May 2017 in Valletta, Malta. The conference was jointly organised by the Employers' Group of the European Economic and Social Committee and all major Maltese employers' organisations: Malta Chamber of Commerce, Enterprise and Industry, Malta Employers' Association (MEA), Malta Hotels and Restaurants Association (MHRA) and Malta Chamber of SMEs (GRTU).
The EU enjoys the status of a global trade powerhouse. It is thereby uniquely positioned to shape the development of a rules-based global trading system and influence its external growth.
The recent economic and political developments in Europe are a wake-up call for our leaders to take swifter action in order to strengthen the foundations of our Union, including the fragile political and institutional architecture underpinning the euro, thus ensuring lasting stability and prosperity for the people of Europe.
Transition to a circular economy is a must if we are to protect our planet, but also if we are to increase the competitiveness of European industry. This is a long-term process that will require numerous initiatives at European, national and regional level. Companies see the circular economy as an opportunity. "Going green" is beneficial not only for the environment, but also for businesses, providing real savings in terms of raw materials, water and energy.
This Study brings light to the economic factors that contribute to sustainable growth in the European Union (EU) and investigates the political feasibility of economic reforms enhancing such factors. It also explores the aspects influencing competitiveness and fostering convergence and cohesion at EU and Member State levels.