Europe Was Never Meant to Be a ‘Regulatory Superpower’

Europe Was Never Meant to Be a ‘Regulatory...

AI summary

Facing war in Ukraine, US pressure, Chinese competition, and internal crises, the EU’s influence is waning. The article argues that relying on regulatory power, the so‑called “Brussels Effect,” is outdated and that trade should replace it as Europe’s main lever.

Key takeaways

  • The EU’s economic output and tech sector lag behind global competitors.
  • Heavy regulations and taxes have stifled European firms’ competitiveness.
  • The “Brussels Effect” gives the EU rule‑making influence but may not sustain growth.
  • The author suggests reviving trade‑focused strategies as a stronger European tool.

Read the original at Foreign Policy

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