Macro Pulse EU: Europe’s Productivity Gap Looks Narrower on PPP Measures
Europe’s productivity challenge remains real, but purchasing power parity (PPP)-adjusted GDP per capita points to a more nuanced story than headline US exceptionalism suggests, with country-level divergence increasingly important.
In the latest Credit Compass, Gordon Kerr examines how Europe can turn high savings, skilled labour, and industrial capacity into greater strategic autonomy. Listen to Gordon Kerr’s insights on: Apple | Spotify | YouTube or visit kbra.com/macrocredit.
PPP-adjusted income comparisons suggest Europe’s relative economic position is more nuanced than the familiar US exceptionalism narrative suggests. Germany’s…
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