The Lisbon strategy and structural reforms in Europe

Bruno Amable, Lilas Demmou and Ivan Ledezma
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Bruno Amable: Centre d'Economie de la Sorbonne – University of Paris I and CEPREMAP
Ivan Ledezma: Centre d'Economie de la Sorbonne – University of Paris I

Transfer: European Review of Labour and Research, 2009, vol. 15, issue 1, 33-52

Abstract: The Lisbon strategy, launched in 2000 to promote growth and employment by developing a highly competitive European economy, is an incoherent mixture of economic liberalism, social democratic aspirations and neo-Schumpeterian technological determinism. This article presents the macroeconomic environment of the Lisbon strategy and calls into question the generally accepted notion that Europe lags behind the USA in terms of productivity and innovation. It discusses the implications of the most important integrated guidelines that member countries should follow to implement the Lisbon agenda and argues that they represent more a neoliberal programme than a renewal of the European social model. This article also presents the results of empirical work that tested the effectiveness of the various market liberalisation measures promoted by the Lisbon agenda. These results show that one should not expect significant results in two key areas: innovation and employment.

Keywords: Lisbon agenda; structural reforms (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: The Lisbon Strategy and Structural Reforms in Europe (2009)
Working Paper: The Lisbon Strategy and Structural Reforms in Europe (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:sae:treure:v:15:y:2009:i:1:p:33-52

DOI: 10.1177/102425890901500105

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