As a regular blogger, I have an unusual vantage on what’s happening in the World, especially in Europe. In the last two years, I have traveled extensively in Asia and seen how Asia’s millennials are better prepared than most of Europe’s millennials, ignoring the children of the privileged and wealthy, of course.
Let me share some of my observations.
These days, China, Russia and Japan, have strong leaders, with vision and clearly focused on strategic priorities. They are delivering enormous strategic change, improving the competitiveness of their economies.
Meanwhile, the UK, Germany, France and the US are being led by political-fixers. These political fixers focus on short-term political advantage and subordinate strategy. Politics at national, European and local level is about compromise and fire-fighting. Muddled economic thinking in Europe has led to excessive use of austerity, rather than addressing the strategic and structural challenges.
Because of the short-sightedness of political leaders in Germany, France and the UK, Europe is in decline, with enormous numbers of young people, millennials, out of work and probably facing the social exclusion of a life without work.
As an expert in strategy and delivering radical change, I see enormous waste and absence of focus. Politicians and bureaucrats at European, national and local level, are content on
feathering their own nests.
Recently, I have been blogging about the absence of an effective European policy on energy that addresses strategic challenges. I have also cited that the way that the EC paternalistically doles out funds to the likes of Cyprus is dysfunctional, politically driven, without a strategic reference point.
Any thoughts on reversing Europe’s decline?