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Questions tagged [eu]

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3
votes
2answers
152 views

Why there are no famous software/IT companies in Europe? (unlike USA)

Both USA and Europe have highly developed economies with famous car, aircraft, food, oil etc. companies. However, when it comes to IT - USA has Google, Facebook, Amazon, Dell, Cisco, Microsoft, Red ...
8
votes
1answer
236 views

How much would the EU budget reduce by after Brexit?

Would it reduce the budget of some €133bn by the gross amount after the rebate but before any spending from the EU into the UK (€17bn, about 12.5% according to Table 6, Page 11 of the 2017 draft ...
3
votes
2answers
124 views

Why does the European Union give subsidies to farmers?

According to neoclassical economics, subsidies are a solution to correct for the existence of externalities in consumption or production. What is the economic rationale/justification for such ...
7
votes
2answers
88 views

How can median wages be significantly different in two neighboring countries with open borders?

As an example, take Germany and Czech Republic. Both are members of the EU and therefore trade barriers between the two countries are minimal. However the median salary in Germany is nearly 3 times as ...