European competitiveness: regaining the edge and delivering for citizens

Past event Livestream

29Jan2024

starts 14:00

ends 14:30

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🔴 WATCH: European competitiveness: regaining the edge and delivering for citizens

In this conversation off the back of the 2024 World Economic Forum in Davos, Friends of Europe’s Dharmendra Kanani and Sven Smit, Chair of the McKinsey Global Institute (MGI) and Senior Partner at McKinsey & Company, delved into the state of Europe’s competitiveness and Europe’s ability to sustain its economic prowess while ensuring tangible benefits for citizens. This conversation was based on MGI’s newly published report, ‘Accelerating Europe: competitiveness for a new era.’

As global dynamics evolve, Europe must continue to strategically position itself to compete effectively in international markets. Simultaneously, it is crucial to prioritise policies that directly impact citizens, promoting economic inclusivity, job creation and social well-being. Sustainable practices, a skilled workforce, and forward-thinking governance are pivotal components in maintaining Europe’s competitive edge. This holistic approach recognises that competitiveness extends beyond economic metrics; it is about securing a prosperous and harmonious future for the diverse population of the continent. By navigating this delicate balance, Europe can not only safeguard its competitive position but also deliver meaningful outcomes that positively impact the lives of its citizens.

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PHOTO CREDIT: : McKinsey – Sven Smit

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Sven Smit is currently spearheading McKinsey’s work on the Western European region. During his 30-year-long career at McKinsey, Smit has acquired experience on the analysis of business growth, examining the way megatrends influence it, and defining the lessons of diversified growth. As Co-Chair of MGI, he leads research on global economic trends and topics, such as productivity and growth, urbanization, innovation and technology, labour markets and the Future of Work, emerging markets and Europe’s economic outlook, focusing on the social contract and how it has changed over the past 20 years – and especially this year.

Prior to joining Friends of Europe, Dharmendra Kanani was director of policy at the European Foundation Centre (EFC). He was the England director at the Big Lottery Fund, the largest independent funder in the UK and fourth largest in the world. Dharmendra has held senior positions in the public and voluntary sectors and advisor to numerous ministerial policy initiatives across the UK.

*Consultant at Friends of Europe.

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