Post-COVID Recovery Programs: The US and the EU Strategies to jump start their Economies and make them fit for the future
|Tue. June 29, 2021
10:00 am - 11:00 am
Unprecedented investment plans driven by high political profiles on both sides of the Atlantic. Join us for a high-level discussion about the US and EU's strategies for global competitiveness and opportunities for investors.
Europe is embarking on a transition towards climate neutrality and digital leadership. The EU COVID Recovery Fund, will invest €750 billion in rebuilding the European economy. The U.S. Jobs Plan foresees 1 trillion US$ to create millions of good jobs, rebuild the US infrastructure, and position the United States to be more competitive. According to the administration, the American Jobs Plan will invest in America in a way not seen since the US built the interstate highways and won the Space Race.
The EU strategy focuses on:
● Green transition, supported by the European Green Deal
● Digital transition, supported by the EU’s digital strategy
● Competitiveness on the global stage, where Europe will leverage the influence of its single market to set global standards
Similar to that the US approach to the economic recovery will emphasize:
● Investments in highways, rebuild bridges, upgrade ports, airports and transit systems
● The Environment by clean drinking water, a renewed electric grid, and high-speed broadband
● Upgrade manufacturing capabilities & skills, to secure US supply chains
● Deliver clean drinking water, a renewed electric grid, and high-speed broadband
While the US's post WWII 'New Deal' was similarly transformative, the forward-looking and comprehensive pan-European approach the European Union is taking showcases a new level of commitment to the European Project - one we have not seen before, neither in scale nor strategic dimension.
Both the EU and the US recovery plans will present a multitude of opportunities for US and European investors to participate in the execution of these projects, engage with partners on the ground on either side of the Atlantic and by offering or accessing funding for these initiatives. Join us to hear what YOU need to know and how to get involved.
● Kerstin Jorna, Director-General of the Directorate-General for Internal Market, Industry, Entrepreneurship & SMEs, EUROPEAN COMMISSION
● Thomas Barrett, Chairman, OECD INFRASTRUCTURE GOVERNANCE FORUM
● Angel Ubide, Managing Director, CITADEL LLC
● Simon Wells, Chief European Economist, HSBC BANK
● Rolf Alter, Economist, Fellow, HERTIE SCHOOL OF GOVERNANCE [Moderator]
10:00am EDT / 16:00 CET
EACCNY Members: Free
EACCNY non-Members: Free