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The Euro-crisis and the failure of the Lisbon Strategy

Author

Listed:
  • B.-A. Lundvall

    (AAU - Aalborg University [Denmark])

  • Edward Lorenz

    (GREDEG - Groupe de Recherche en Droit, Economie et Gestion - UNS - Université Nice Sophia Antipolis (1965 - 2019) - CNRS - Centre National de la Recherche Scientifique)

Abstract

This chapter analyses changes in employment, the quality of work and jobs, and social cohesion over the period of the Lisbon strategy. The chapter begins by presenting a mapping of how Europe's economies work and learn, and illustrates how income equality and inequality in access to learning were linked to differences in the competitiveness of the South and the North of Europe at the beginning of the Lisbon period. The chapter then shows how mid-term changes in the governance of the Lisbon strategy in combination with the policies adopted in response to the 2008 crisis led to increasing inequality and to deterioration in the quality of jobs and work. The chapter concludes by arguing that EU 2020 reproduces the underlying weaknesses in EU governance and considers possible strategies for creating a stronger and more cohesive European Union.

Suggested Citation

  • B.-A. Lundvall & Edward Lorenz, 2014. "The Euro-crisis and the failure of the Lisbon Strategy," Post-Print hal-01086862, HAL.
    • Handle: RePEc:hal:journl:hal-01086862
    as

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    Cited by:

    1. Emília Duľová Spišáková & Barbora Gontkovičová & Emil Spišák, 2021. "Assessment of Research and Development Financing Based on the Strategies in EU: Case of Sweden, Slovakia and Romania," Sustainability, MDPI, vol. 13(15), pages 1-18, August.
    2. Lundvall, Bengt-Åke, 2017. "Is there a technological fix for the current global stagnation?," Research Policy, Elsevier, vol. 46(3), pages 544-549.
    3. Bengt-Åke Lundvall, 2016. "From manufacturing nostalgia to a strategy for economic transformation," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 43(3), pages 265-271, September.

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