June 10 Sources: Europe's Productivity Gap

There is an interesting study this week called, Europe’s productivity challenge. Europe suffers a 32% output per capita gap compared with the U.S. According to the study, Europe can catch up, if it encourages competition, regulates business more astutely and changes the role of the state. The study also makes an interesting point re relative vs. absolute differences.

Although the relative position of Europe's poor is better than those in the U.S., their absolute position (i.e. what they can buy with their incomes) is similar because of the productivity gap. Other sources follow.

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Europe's productivity challenge - Europe suffers a 32% output per capita gap compared with the U.S. Europe can catch up. But to do so it must encourage competition, regulate business more astutely, change the role of the state, and develop new competitive strategies.

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Posted by Jack at June 10, 2007 12:10 AM
Comment #222785

Jack, I think no one had responded because you have taken on everything in the world but cereal and movie revues on the latest Disney offering.

While Europe seeks to undo the damage it has created in it’s economies, the US is being pushed hard by the US left to follow the same failed policies of Europe. The US left wing in my opinion buys into the European liberalism that feels the US should weaken it’s economy, lower it’s productivity and become a second class nation and cease being a world leader.

Hillary will most likely be the next president of the US and have you heard her speech’s? This woman is promoting socialism when she thinks no one is listening….follow the yellow brick road to a lousy economy. I don’t need to work hard to get ahead, Hillary is going to take from the rich and give to me….Uh ohh, Hillary now thinks I’m rich and she’s going to take what I have and give it to the ‘deserving poor’.

Posted by: Stephen at June 10, 2007 10:35 PM
Comment #222787


I do not expect many people to respond. I put these up as a public service.

We usually get one or two. Sometimes a separate conversation starts.

Posted by: Jack at June 10, 2007 10:55 PM
Comment #222804

Europe suffers a 32% output per capita gap compared with the U.S.

Perhaps you can fill in some missing facts from your reading, Jack, since one cannot access the whole thing on-line without registering. What is included in “Europe?” Just EU? Every country that is in the Council of Europe? Just EU before Fall of Communism? Does it include Russia? I think a comparison of the US with “Europe” that seeks to say how much better off the USA is requires that clarification.

I don’t think it is fair to lump the economies of countries like Russia, Turkey, Serbia, etc. with those of France, Germany, and Sweden and call it anything close to apples-to-apples comparisons, if indeed that is what has been done here.

Posted by: bobo at June 11, 2007 12:26 PM
Comment #222850


Had to laugh when I saw this:

Two in Five U.S. Adults Would Not Vote for Rudy Giuliani for President if He Was the Republican Nominee

Two in five U.S. adults don’t vote. Period.

Posted by: mental wimp at June 11, 2007 7:39 PM
Comment #222852

Jack, hopefully the gap on productivity is due to the Europeans have learned from what the corporist thugs have done in this Country. We Americans have struggled to become the most productive society in the World only to watch big business take the jobs and ship them overseas to child labor countries including communist China.

Posted by: j2t2 at June 11, 2007 7:48 PM
Comment #222871


They are talking about the EU. The EU is a valid comparison to the US. Individual countries may be compared to individual states. Germany, for example, has a per capita GDP about the size of Arkansas’ Some of the new members are poorer than any US states, but the richer ones are like Connecticut. But if we compare the whole EU with the whole US we get a better picture. Russia, Turkey & Serbia are not EU members. Neither is Norway or Switzerland.


The U.S. unemployement rate is much below that of the EU as a whole. As I wrote above, you can cherry pick (or pair) states and EU members, but the overall comparison is more valid. It must be that the EU shipped even more jobs, since they have fewer of them.


Yeah, those polls do not mean much at this time. Let’s hope that those who will not, or cannot figure how to vote are among the least informed.

Posted by: Jack at June 11, 2007 9:28 PM
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