
Why Europe Needs an Industrial Policy for Services
Manufacturing can’t create jobs anymore. Services must step up—with smart policy to boost productivity.
Analysis and debate on the European economy: growth and investment, fiscal and monetary policy, trade, industry and inequality.

Manufacturing can’t create jobs anymore. Services must step up—with smart policy to boost productivity.

New technologies drive inequality by concentrating capital income. Three policy approaches can help spread ownership and moderate disparities.

Judith Kirton-Darling and Isabelle Barthès
As tariff wars and industrial crises mount, Europe must abandon austerity for investment-driven internal demand.

Europe’s merger watchdogs generally ignore labour market impacts, but there is a possibility for change.

Gaston Bronstering and David Barmes
Integrating sustainable finance standards into central bank operations would align market incentives and strengthen the eurozone’s climate resilience.

Europe’s fragmented approach to industrial strategy undermines its ability to compete with China and the United States.

Innovation agencies in the EU are no longer fit for purpose. A major overhaul of both the concept of innovation and of institutional structures is urgent.

Europe’s twin transformation needs social conditionalities to prevent corporate capture and build democratic legitimacy.

Lagging investment in clean technologies poses a greater risk to European jobs than the green transition itself.

Bernhard Tröster, Simela Papatheophilou and Karin Küblböck
The EU’s industrial ambitions hinge on transforming extractive relationships into sustainable partnerships with resource-rich nations.

Christian Reiner and Roman Stöllinger
The European Union must pursue robust industrial policies to counter technological dependencies and safeguard its future prosperity and stability.

José Miguel Ahumada and Fernando Sossdorf
The Global South must redefine industrial policy to build new productive capabilities and address escalating global challenges.

Valeria Cirillo, Marialuisa Divella, Lidia Greco and Eustachio Ferrulli
The EU’s flagship Just Transition Fund, designed to mitigate social inequalities, faces significant challenges in achieving its ambitious goals.

The European Central Bank’s latest strategic assessment ignores critical lessons, perpetuating a harmful economic myth and undermining labour’s vital role.

The fall of Biden’s green subsidies reveals ideology, not economics, as the true force in US politics.

Mario Draghi’s vision for Europe demands more than investment—it calls for digital sovereignty, state capacity, and strategic power.