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Shaping The Future Of The European Union: Quo Vadis Eu?

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  • Alina Ligia Dumitrescu

Abstract

This article tries to answer the question "Quo vadis EU?", based on the analysis of the five scenarios launched in the White Paper on the Future of Europe by the European Commission in March 2017. The research uses a multidisciplinary methodology which involves the empirical analysis of the economic phenomena together with the study of EU policies and documents, Eurostat data and the literature on this topic. The SWOT analysis is used to summarize the findings on the impact of “a much more union together” scenario. To this aim, the strengths, the weaknesses, the opportunities and the threats to the European Union as a whole and its Member States are identified. In the final part of the article, the author formulates its own opinion that favours a federal EU scenario.

Suggested Citation

  • Alina Ligia Dumitrescu, 2017. "Shaping The Future Of The European Union: Quo Vadis Eu?," Revista de Economie Mondiala / The Journal of Global Economics, Institute for World Economy, Romanian Academy, vol. 9(2), pages 67-76.
    • Handle: RePEc:iem:journl:v:9:y:2017:i:2:p:67-76
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    File URL: http://iem.ro/rem/index.php/REM/article/view/579/640
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    More about this item

    Keywords

    EU; scenarios; SWOT; single market; federalism;
    All these keywords.

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • N24 - Economic History - - Financial Markets and Institutions - - - Europe: 1913-
    • N34 - Economic History - - Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy - - - Europe: 1913-
    • N44 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: 1913-
    • P17 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Performance and Prospects

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