> The S. European economies suffer from a lack of ability to compete on this basis: the ability for people to work together in large teams to develop sophisticated products at scale. Vast numbers of people don't even recognize the kind of professionalism and specialization required to work in these organizations - and I means even simple things like product management, product marketing, a bunch of basic financial ops roles etc...

Would you mind providing a source on this point? Intuitively I thought of it as a cultural issue regarding work ethics and vacation time. This is a bit surprising to me.