In the next 25 years I question how the EU will avoid marginalization between Asia and the US? The US is more dynamic and entrepreneurial. From Apple, Google, Microsoft, Facebook to Pinterest, the list goes on. There’s low investment cost for incorporation, 600% more skilled immigration, congruent legal and professional standards across all states, and 20% more productivity per worker/year. Asia has cheaper manufacturing, growing disposable income and a favourable investment climate. Both have higher patent rates and less labour/tax issues. Given the advances in technology and the higher gains conceivable by those who adopt faster, these facts can quickly become more pronounced.
So how will EU leadership plan to address these issues during political instability, and lack of leadership in the first place? Europeans need to realize the debate needs to be beyond national pride at this point.