Reforming Europe by the people, for the people: an adaptive, acceptable, and accountable reform programme
Europe’s lack of economic dynamism and mobility, the so-called Eurosclerosis , is not a fatality. Barriers to entry and exit for workers, firms, innovators and investors reduce the continent’s ability to transition to a modern knowledge economy, and create powerful vested interests resisting change. However, there exists a potential coalition ready to challenge the statu quo ante, on the condition that they feel empowered in the design of reform through appropriate governance structures; that they be fairly represented in the distribution