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By Bruno COLMANT, Ph.D., member of the Royal Academy of Belgium
Mario Draghi has worked for the typical sound and big business, from investment banker to Central Bank President to Prime Minister. A pragmatic, neo-liberal economist, he is adept at supply-side theory but also expansionary monetary policies, insisting on labor deregulation and excessive bureaucracy as brakes on growth and innovation. In February 2012, he told the Wall Street Journal that the European social model was dead (in English: is gone). Five months later, however, he saved the euro amid sovereign crises with his now-legendary "whatever it takes to preserve the euro."
So it's no surprise that he has just published a report on Europe's competitiveness. This text postulates...
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