Since its foundation more than 60 years ago, the European Union (EU) has become the modern world’s greatest “convergence machine,” propelling poorer, and newer, member states to become high-income economies, and delivering to its citizens some of the highest living standards and lowest levels of income inequality in the world. Today, however, Europeans are increasingly recognizing that convergence is not automatic.
This site uses cookies to optimize functionality and give you the best possible experience. If you continue to navigate this website beyond this page, cookies will be placed on your browser. To learn more about cookies, click here.