Europe Is a Developing Economy

European Straits #143

Hi, it’s Nicolas from The Family. Today, I’m discussing the idea of Europe as a developing economy, and how East Asian countries in the 20th century can be a source of inspiration.

First up this week, don’t miss my latest column in Sifted. It’s about the WeWork debacle and how we Europeans should avoid drawing the wrong lessons from the whole episode. Essentially, the fact that Adam Neumann was a fraud and that SoftBank was blind in their decision-making doesn’t mean that the music should stop. For us Europeans, there are still opportunities to build thriving hybrid businesses. Read more here: Europe, don’t draw the wrong lessons from the fall of the unicorns.

Now on to today’s focus: development economics, industrial policy, and the path forward for Europe 👇