By Marc Pilkington

This publication examines the unforeseen convergence among the better schooling platforms of India and France. This has resulted as a result of hyperlinks among better schooling funding and monetary development within the gentle of the data triangle and the Lisbon process, which has lately been changed by way of the Horizon 2020 scheme. the present nation of Indo-French cooperation is highlighted and mentioned intimately, with bankruptcy four co-authored via in demand Indian student Geeta Nair, and it's endorsed that the potential Indo-French wisdom administration method will offer a aggressive virtue within the modern wisdom economic system.

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Innovation Union aims to create an innovation-friendly environment that makes it easier for great ideas to be turned into growthenhancing and job-creating products and services. 3. Youth on the move is designed to enhance the performance of education systems, and reinforce the international attractiveness of higher education. 2 Sustainable Growth 4. Resource-efficient Europe aims to foster the decarbonizing of the economy, to increase the use of renewable resources, modernize the transport sector and promote efficiency.

The European Commission sets forth the objectives (where it wants to be by 2020) that pertain respectively to employment, research and innovation, climate change, energy, education and poverty alleviation: – Seventy-five per cent of the 20–64 age group should be employed – R&D should account for 3 % of EU GDP – A 20 % (or even 30 %) reduction in CO2 emissions compared to 1990 levels, 20 % of the energy, on the basis of consumption, coming from renewables and a 20 % increase in energy efficiency. These are the 2/20/20 climate/energy targets.

Somehow, at the time, European leaders probably envisioned the emergence of a European superpower that could challenge the supremacy of the United States, without being detrimental to its defining social commitments. Economic catching up with the US economy, and even outperformance, was often brought up as a strategic goal enshrined in the Lisbon Strategy. The 1990s were a tremendously successful decade for the US economy. This was a time of strong economic growth (GDP increased continuously from 1991 to the tragic 9/11 attacks, making it the longest recorded expansion in US history), steady job creation, low inflation, rising productivity and a surging stock market resulting from a combination of rapid technological changes (for instance, the birth of mass Internet), with the triumph of new monetary consensus (Pilkington 2013).

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