Cosmin Marinescu (Faculty of Economics Academy of Economic Studies Bucharest, Romania)
Abstract
Recent evolutions in Europe raise questions on the viability of the actual economic and social model that defines the European construction project. In this paper, I will try to explain the viability of institutional European model that stick between free market mechanisms and protectionism. The main challenge for the EU is about the possibility to bring together the institutional convergence and the wellbeing for all Europeans. If „development through integration” seems to be harmonization through „institutional transplant”, how could then be the European model one sufficiently wide open to market which creates the prosperity so long waited for by new member countries?
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Find related papers by JEL classification: F00 - International Economics - - General - - - General F50 - International Economics - - International Relations and International Political Economy - - - General