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Sustainable Economic Integration: The Experience of the European Union

In: Economic Integration in Asia: Towards the Delineation of a Sustainable Path

Author

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  • Andrea Mairate

Abstract

Over the last half century, the European Union (EU) has been associated with close economic integration, resulting in increasing flows of goods, capital and finance, labour and services across countries. This has fuelled convergence in incomes and living standards, which led to a unique experience of the European economic model. This convergence process has slowed down and even gone into reverse in parts of Europe, notably the southern periphery. The EU needs to make its model of growth and economic integration more sustainable in order to face emerging challenges in terms of competitiveness, better use of natural resources and poverty reduction.

Suggested Citation

  • Andrea Mairate, 2014. "Sustainable Economic Integration: The Experience of the European Union," Palgrave Macmillan Books, in: Bernadette Andreosso-O’Callaghan & Jacques Jaussaud & Maria Bruna Zolin (ed.), Economic Integration in Asia: Towards the Delineation of a Sustainable Path, chapter 2, pages 7-23, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-43293-3_2
    DOI: 10.1057/9781137432933_2
    as

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