McKinsey Global Institute's Opportunity for Europe Prize will award a prize pool of €100,000 to the best essays that answer the question: How could a pro-growth reform program be made deliverable by 2020, and appeal to electorates and decision makers alike at the national and European level?
The winning submission will receive €60,000, and a €25,000 prize will be awarded to the best submission by a person under 30 years of age. A further €15,000 will be awarded to the runner-ups or special mentions at the jury's discretion.
Contributions should be original and not previously submitted essays of maximum 5,000 words in length. They should:
Propose tangible reform programs, where the focus is on whether, how, and why they are politically feasible within three to five years and appeal to public opinion, propose mechanisms, communications, packaging, institutions, or other ways that help build trust and avoid moral hazard
Submissions are due by July 31 and the prize will be awarded in October 2016. They will be assessed by a panel of judges from across European academia, politics, civil society, and business, chaired by Pascal Lamy, president emeritus of the Jacques Delors Institute and former director general of the World Trade Organization.
The contest is being held under the patronage of European Commission president Jean-Claude Juncker.