In this first seminar Daniel Gros will discuss the need for Europe to strengthen its focus on high-tech industries. Most of the relatively low growth in the EU economy is due to the near absence of high-tech sectors in Europe. Over the last two decades Europe’s industry has stuck to mid-tech sectors, investing in incremental innovation, even more than in the US, while missing out completely on the emerging high-tech sectors. Correcting this deficit will take a long time and requires creating more opportunities for structural adjustment in Europe.

About Daniel Gros

Daniel Gros is Director of the Institute for European Policymaking at Bocconi University.

Between 2020 and 2022 he was Distinguished Fellow and Member of the Board of the Centre for European Policy Studies (CEPS). Before that, was the director of CEPS since 2000. In 2020, he held a Fulbright fellowship and was a visiting professor at the University of California, Berkeley. In March-June, 2022 he was visiting Research Fellow at the Robert Schuman Centre of the European University Institute, Florence.

Gros is also currently an adviser to the European Parliament. Previously he worked at the International Monetary Fund and collaborated with the European Commission as economic adviser to the Delors Committee, which developed plans for the euro. He has been a member of high-level advisory bodies to the French and Belgian governments and advised numerous central banks and governments, including Greece, the United Kingdom, and the United States at the highest political level.

He has published extensively on international economic affairs, including on monetary and fiscal policy, exchange rates, banking, and climate change. He is the author of several books and editor of Economie Internationale and International Finance. He has taught at several leading European universities and contributes a globally syndicated column on European economic issues to Project Syndicate. He holds a PhD in economics from the University of Chicago.