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Ahead of Us

Posted: March 18th, 2005 | Author: Vitor | Filed under: World |

The US economy is 20 years ahead of that of the EU and it will take decades for Europe to catch up, according to a new study from professor Pavle Sicherl:

The study compares the EU to the US in terms of GDP, R&D, productivity and employment by “time distances” between the two regions and forecasts how many years the EU will take to catch up with the US, and under what conditions of growth.
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