Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

Video March 8, 2018

Growing United

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.