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CHAPTER 1 - NEW LANDSCAPE FOR EUROPE - Coggle Diagram
CHAPTER 1 -
NEW LANDSCAPE FOR EUROPE
Productivity & Innovation
EU losing ground in key sectors
Difficulty scaling innovative firms
Slowing productivity growth
Decarbonising & Energy
Ambitious decarbonisation demand
Need leadership in supply technologies
High energy prices in Europe
Hard-to-abate sectors at risk
Security & Dependencies
Vulnerable supply of raw materials & tech
Defence spending only one third of US
High dependence on imports
Defence industry underinvested, depleted stocks
Fragmented Industrial Responses
Duplication and incompatible standards
Unequal State aid distorts Single Market
Uncoordinated national policies
Fragmented Financing Tools
Lack of large pooled capital for innovation
Complex bureaucracy for private sector
Spending split between EU & national schemes
Fragmented Policy Aereas
Slow and disaggregated decision-making
EU less able to respond like US or China
Industrial, trade & fiscal policy not aligned
Goals of New Industrial Strategy
Joint decarbonisation & competitiveness plan
Increase security & reduce dependencies
Close innovation and productivity gap
Single Market as Foundation
Deep common energy and transport markets
Stronger bargaining power in trade deals
Enables scale for innovative companies
Mobilises private finance & boosts demand