Challenges for the EU Industrial Policy

Joanna Kuczewska () and Joanna Stefaniak ()

No 1501, Working Papers of Economics of European Integration Division from The Univeristy of Gdansk, Faculty of Economics, Economics of European Integration Division

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.

Keywords: European industrial policy; industrial competitiveness; crisis (search for similar items in EconPapers)
JEL-codes: L52 O25 O52 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2015-04
New Economics Papers: this item is included in nep-cse and nep-ind
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http://gnu.univ.gda.pl/~keie/aio32.pdf First version, 2015

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