The competitiveness of the European Union in the light of human capital – what the Draghi report leaves out

Ábel, István and Lóga, Máté and Szabó, István Attila and Tóth, Orsolya Éva (2025) The competitiveness of the European Union in the light of human capital – what the Draghi report leaves out. PÉNZÜGYI SZEMLE/PUBLIC FINANCE QUARTERLY (1963-), 71 (1). pp. 9-30. ISSN 0031-496X

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Abstract

Research on the competitiveness nexus has long underpinned economic policy theory and practice. It has focused on finding technical solutions to questions about economic growth, welfare, sustainability, and many other equally pressing issues. One might think it is challenging to make new waves in an issue that has been so actively researched. However, former European Central Bank President Mario Draghi has managed to attract the attention of economists and governmental organizations in many countries with his recently published Draghi Report on competitiveness problems in the European Union and how they can be addressed, even such experts who had not previously looked at the issue in depth joined the discussion.

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