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Challenges for the EU Industrial Policy

Author

Listed:
  • Joanna Kuczewska

    (Faculty of Economics, University of Gdansk)

  • Joanna Stefaniak-Kopoboru

    (Faculty of Economics, University of Gdansk)

Abstract

Current economic problems, the institutional transformation of the European Union (EU), the successive enlargements, counteracting the effects of the economic crisis and the euro zone crisis contributed to the reduction of the activity of the European Community in the implementation of an effective internal market as well as creating favorable business environment and thereby promoting industrial competitiveness. The single market has become the least popular among businesses and consumers since its implementation. Currently a strong real economy and a competitive business sector with key position in the global supply chain are of paramount importance for the economic recovery The EU's future economic growth depends on an innovative industrial base. The aim of the article is to present results of the analysis of the European industrial policy objectives in light of the challenges of the modern economy. The key issue is to answer the question whether the current activities and tasks of the EU industrial policy might be effective in the context of challenges of the single European market and the globalization of the economy, which are affected by the negative effects of the financial and economic crisis of recent years.

Suggested Citation

  • Joanna Kuczewska & Joanna Stefaniak-Kopoboru, 2015. "Challenges for the EU Industrial Policy," Working Papers of Economics of European Integration Division 1501, The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division.
    • Handle: RePEc:gda:wpaper:1501
    as

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    File URL: http://gnu.univ.gda.pl/~keie/aio32.pdf
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    References listed on IDEAS

    as
    1. Sharp, Margaret, 1998. "Competitiveness and cohesion--are the two compatible?," Research Policy, Elsevier, vol. 27(6), pages 569-588, September.
    2. Christoph Walkner, 2004. "Issues in corporate governance," European Economy - Economic Papers 2008 - 2015 200, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    European industrial policy; industrial competitiveness; crisis;
    All these keywords.

    JEL classification:

    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • L52 - Industrial Organization - - Regulation and Industrial Policy - - - Industrial Policy; Sectoral Planning Methods

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