Europe and the Digital Economy: How can it Expand Faster?
By: Fredrik Erixon
Subjects: Digital Economy EU Single Market
Europe, it is said, is a digital laggard. In some ways, it is obvious. Access to superfast mobile or broadband access, for instance, is poor in many parts of Europe, including regions that consider themselves to be prosperous and developed. In other ways it misses the point. Some European leaders, including the current Digital Commissioner, complain that the passport of many digital services and platforms are foreign and hence pose threats to Europe’s digital independence. But Europe is hardly a laggard because foreign firms have expanded too fast in Europe. Europe’s expansion of the digital economy has been fast. However, it could expand even faster – and policy should be designed to assist acceleration. But what policy is currently holding back digital expansion and innovation in Europe’s economy? What can policymakers do to support greater digital expansion, innovation and competition? We asked 12 opinion formers in Europe to share their views – and over the next few weeks they will be published here and discussed at an event in Brussels.
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