The EU industrial policy

Petre Prisecaru

Revista de Economie Mondiala / The Journal of Global Economics, 2016, vol. 8, issue 3

Abstract: Industrial policy is not a common policy of EU but one that belongs to national competences, the European Commission may have a coordinating role, the Economic and Social Committee may have some initiatives and the European Parliament and the EU Council may decide some support measures. For achieving the objective included in Strategy 2020 of 20% share of manufacturing industry in GDP there are action plans, supporting European legislation, Community funding programs, the European Fund for Strategic Investments promoted by Juncker. National policies in strong industrial countries have their specificity, but all aimed at modernizing the industry and increasing its competitiveness.

Keywords: re-industrialization; competitiveness; strategy; resources; innovation; investment; technology (search for similar items in EconPapers)
JEL-codes: F15 L52 O14 O33 (search for similar items in EconPapers)
Date: 2016
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