“If we don’t innovate, it will be China and the US making the calls,” warns Philippe Aghion

A “core” group of European countries should work with allies to boost innovation and collectively counter the growing dominance of the US and China, a Nobel Prize-winning economist has said.

Philippe Aghion argued that willing EU countries should deepen economic and research ties with like-minded partners, such as Canada, to help shape a geopolitical order increasingly being driven by Washington and Beijing.

“We should have a core set of countries, including Canada and possibly Singapore and others… who embrace common values,” said Aghion, who won the 2025 Nobel Prize for his work on innovation and economic growth.

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