Europe

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Europe

The geographical region of Europe includes over 44 countries and 752m people. It had the third largest total GDP of the continents in 2018 at 21.9 trillion USD. Average GDP per capita was 34,485 USD, which is highest among the regions. It also had the highest level of exports in 2018 at 10tr USD. From the 15th century, Spain, Portugal, the Netherlands, French and British all developed colonial empires. The Spanish and Portuguese enjoyed the mineral wealth of the new world. While all these countries used African slaves to develop tobacco or sugarcane industries in the new world. In the late nineteenth century, Germany, Belgium, and Italy also began to develop colonial empires. The Netherlands was the forerunner in terms of finance and trade, with the world’s first stock exchange in 1602. Britain led the way with industrialisation in the 18th century, which made steam rather than slaves and gold the new wealth of nations. Trade was becoming global and Europe led the way. By the late 19th century, Germany had also industrialised. Its growing commercial and naval rivalry with Britain contributed to the start of WW1. WW1 saw the emergence of the USA as a superpower and the break-up of the imperial European powers; European colonial empires were to survive until after WW2. The devastation of WW2 brought a determination for a new common future. The European Coal and Steel Community was formed in 1951. This became the European Economic Community in 1957, the European Union in 1993, and monetary union in 2001. The end of the cold war in 1989, saw NATO expand into Eastern Europe followed by the European Union. Many former soviet- Bloc countries have grown strongly through the 1990s and 2000s, including Poland, Czechia, and Estonia. Yugoslavia disintegrated in 1991, but Slovenia and Croatia are now EU members and the Western Balkans aspire to membership. Throughout the 2000s, the relative importance of the German economy grew. In recent years, Europe has been tested by the Greek debt crisis (2009-10), the crisis in Ukraine (2013), the Syrian refugee crisis (2015-16), and Brexit (2016-2020). But despite these challenges, Europe will continue to grow as it enjoys the fruits of trade and further integration.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]

Jim O’Neill: The Return of Fiscal Policy

As we enter the last quarter of 2019 (and of the decade), cyclical indicators point to a slowing world economy amid wide-ranging structural challenges. There are plenty of issues to

EBRD: Investing in Sustainable Infrastructure Helps Advance the UN’s SDG Agenda

At the beginning of this year, the European Bank for Reconstruction and Development (EBRD) created the Sustainable Infrastructure Group (SIG). The bank merged its energy and infrastructure businesses to capitalise

Delen Private Bank and Digitalisation: A Perfect Blend of Technology and Personal Service

Delen Private Bank is specialised in asset management and estate planning for private clients. Group Delen has over 41 billion euros in assets under management. Delen is one of the

Simon Tribelhorn: Sustainability Matters

The Principality of Liechtenstein and its financial centre take a holistic approach to sustainability, aligned with the UN’s Sustainable Development Goals. “Climate change” is a term on everyone’s lips, and
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Implementing the UN SDGs: A Job for Everyone, Everywhere

Everyone seems to agree that the UN Sustainable Development Goals (SDGs) make perfect sense. Countries and companies, individuals and industries are proudly flaunting their commitment to the United Nations 2030

Wey to go! Education Group has Interests of Students at Heart

Wey Education solves the problems of the one-size-fits-all education system. It challenges the outdated bricks-and-mortar buildings and mandatory PE lessons with the flexibility and autonomy of online learning. Times are

Lord Waverley: Drone Industry Needs a Coherent Voice — and Some Interest From Investors

Drones are changing the way in which we interact with one another. From commercial applications to lifesaving transportation, drones are a reality which cannot be ignored. The potential of these

Ida, Data and Women’s Health: It’s Win-Win with the Clue App

From investment opportunities to the pursuit and provision of venture capital, the purse strings of financial dealings are very often controlled by men. Very often, but — as Ida Tin
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Gender Specifics of Brain Function: a Path to Improved Health Balance

In terms of structure, female and male brains differ only marginally. But new studies on brain function — and pathology — are challenging the medical community to take a closer

Women, Science and Robots: The Gender (R)evolution Ushers-in Precision Medicine

In Germany, a team developing an AI-based human resource tool thought they had found a way to feed their system data while respecting privacy laws: they used information from newspapers

Lord Waverley – Blockchain: New Way of Doing Business in a Changing World

Blockchain is little understood, but it will simplify transactions, improve reliability and reduce costs. Focusing on blockchain technology today will ensure being relevant tomorrow. To better understand the potential of

Vice-Prime Minister Kocho Angjushev: Pulling Macedonia Out of a Limbo and Into the European Union

What’s in a name? In the case of Macedonia, an entire country’s future. Macedonia, a candidate for accession to the European Union since 2005 and equally anxious to join NATO,
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