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Policy Brief

A G2 for science?

Science is becoming increasingly globalised. The emerging economic powerhouses, particularly China, are building up their own scientific capabilities rapidly and in a targeted way. This is provoking concern within advanced economies that they might be losing their advantage in the scientific domains that can be part of the foundation for new areas of growth. Strategies […]

By: Date: April 2, 2011 Innovation & Competition Policy Tags & Topics

Science is becoming increasingly globalised. The emerging economic powerhouses, particularly China, are building up their own scientific capabilities rapidly and in a targeted way. This is provoking concern within advanced economies that they might be losing their advantage in the scientific domains that can be part of the foundation for new areas of growth. Strategies for knowledge-based growth, such as the European Union’s 2020 strategy, must take these global trends into account it they
are to deliver long-term international competitiveness.

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This paper analyses empirically how increasingly close trade relations between China and Russia might affect the European Union.

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Another slow year for the global economy

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