Framing the European Union: The Status Quo Shift

Raluca Oprescu ()
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Raluca Oprescu: Academy of Economic Studies, Doctoral School of International Business and Economics, Bucharest, Romania

Review of Economic and Business Studies, 2011, issue 8, 299-308

Abstract: The paper aims to examine the current situation of EU from various perspectives and uphold that in order to move forward, EU first needs to change. The framework of this article is an imaginary snapshot of the European Union, based on which the colors, shadows, objects in the picture are observed. By adjusting the “focal distance” depending on the degree of depth of the analysis, the main goal is to break down into components the whole image and assess the overall status quo. Using exploratory research based on qualitative methods, the article seeks answers to the following questions: “Does the present image of EU indicates the necessity of a metamorphosis? What could be EU’s motivation for changing?” Europe’s snapshot doesn’t reveal a homogeneous “chromatic spectrum” as the screen capture is rather sprinkled with budget deficits, high unemployment rates in peripheral countries and it pinpoints that EU is still the “community of multiple speeds”.

Keywords: economic integration; the core-periphery model; European Single Market; uneven development; regional competitiveness (search for similar items in EconPapers)
JEL-codes: O52 R11 R50 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:aic:revebs:y:2011:i:8:oprescur

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