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Global challenges – including climate change, geopolitical conflict, erosion of democratic principles and social inequalities – affect people's daily lives and future prospects. A collective European response over the next 10 years could help to address these challenges – and offer benefits worth up to €3 trillion a year. This represents around 18 % of EU gross domestic product (GDP), equivalent to €6 700 per citizen every year. Referring to the European Parliament's work during the 2019-2024 term ...

This study has been drawn up by the European Added Value Unit within the European Parliament's Directorate-General for Parliamentary Research Services. It is part of a research project to better define the concepts of the cost of non-Europe and of European added value. The study recounts the development of these concepts and specifically how they have been used to support the European Parliament's work in setting the legislative agenda. It also presents their theoretical underpinnings and the main ...

Although European integration is a key driver of growth, peace, environmental protection and social prosperity, persistent challenges remain and potential crises can be anticipated. Looking forward, a number of possible pathways are open to Europe. The European Parliament favours the path of ambitious, collective EU action, where significant potential gains can be realised, not only for today, but also for various possible future scenarios. This study seeks to support the European Parliament in defining ...

This EPRS paper focuses on the economic benefits of common action at European level and the risk involved if the current coronavirus crisis and its aftermath were to stall or reverse the process of European integration. It attempts to quantify the losses from: (i) any gradual dismantling of the EU project - where cautious estimates suggest that erosion of the EU single market alone would cost the European economy between 3.0 and 8.7 per cent of its collective GDP (this would be existing 'European ...