Fostering competitiveness, innovation, growth and job creation by advancing in global regulatory cooperation, by supporting a renewed multilateral trading scheme and by reducing market-distorting subsidies (own-initiative opinion)

This page is also available in:

Tuairimí a glacadh on 15/07/2020 - Bureau decision date: 20/02/2020
Reference
CCMI/175-EESC-2020
Opinion Type
Own-initiative opinion
Rapporteur
Georgi STOEV
Employers - GR I
Bulgaria
Co-rapporteur
Thomas STUDENT
(Germany
European Green Deal

Disruptions like coronavirus (COVID-19) threaten to bring the world economy and social life to a standstill. Its impacts include recessions in the USA, the EU, Japan and other regions of the world, extremely slow growth in China and huge losses in terms of output. Governments have to offset economic damage with fiscal and monetary policies and cope with the expected changes of the economic paradigm. The EESC stresses the need for efficient business models and trade defence mechanisms, in particular with regard to Asia, and notes that 36 million jobs in the EU depend on the EU's exporting potential, and that the share of EU employment supported by sales of goods and services to the rest of the world in relation to total employment increased from 10.1% in 2000 to 15.3% in 2017. The fiscal, economic and social response to the crisis is necessary for preventing its negative impact on these and other sectors.

Downloads

Download — Tuairim ó CESE: Fostering competitiveness, innovation, growth and job creation by advancing in global regulatory cooperation, by supporting a renewed multilateral trading scheme and by reducing market-distorting subsidies (own-initiative opinion)
docx
bg
es
cs
da
de
et
el
en
fr
ga
hr
it
lv
lt
hu
mt
nl
pl
pt
ro
sk
sl
fi
sv

Recommended for you