The competitive edge of the European Union’s economy has risen over the past decade while that of the United States has eroded, according to a new study by a nonpartisan research group published Wednesday.
The report by the Information Technology and Innovation Foundation found that the United States ranked sixth among 40 countries and regions, based on 16 indicators of innovation and competitiveness. The EU minus Bulgaria and Romania, which joined the bloc in 2007, ranked 20th, but its score improved by 9.4 since 1999, while the American economy placed last in terms of improvement.
