Europe’s new division of labour

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Series Details No.48, June-July 2006
Publication Date June 2006
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Author says that there is an emerging demarcation within the EU. Western Europe does not have a future as a producer of low value-added, mass manufactured goods. Eastward enlargement has added a pool of 40-odd million low-cost workers to the EU single market. Industries like car manufacturing and ICT are taking advantage of this. However, author concludes that 'In a globalised economy, both old and new members will have to work hard to stay competitive'

Source Link http://www.cer.org.uk/publications/bulletin-issue/48
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