The European Commission has just published the “EU Industrial Structure Report 2013: Competing in Global Value Chains”. According to the study, there are signs of a tentative recovery in EU industrial and service performance, although not all sectors have regained their pre-crisis level of development.
The report bases its analysis on productivity and its underlying drivers, finding that inter-linkages between manufacturing and services are growing as products become more sophisticated and incorporate higher services content.
It also examines the position of the EU in global value chains as well as the impact of the crisis and tepid recovery on long-term structural trends.
Download the “EU Industrial Structure Report 2013: Competing in Global Value Chains” here.