Institutions, Governance and Economic Growth in the EU: Is There a Role for the Lisbon Strategy?
AbstractIn order to ensure that the internal market delivers (growth, jobs) in the face of a changing market and technological environment (internal market liberalisation, globalisation, the knowledge-based economy) and to take advantage of the opportunities that it presents, the European Union (EU) needs to create an adequate institutional framework that promotes its efficiency potential and adaptive capacity. In the reality of European mixed economies, its capacity to solve the structural problems that impair productivity and economic growth in Europe hinges very much on governance, in particular when reforms to realise international synergies and complementarities or policy-learning with a view to common goals involve not only the EU but as well the Member State level. The Lisbon Agenda can be considered an exercise of policy coordination that needs to ensure that Member Statesâ over-regulated economies comply both with liberalisation in the Single Market and with an adequate European-wide institutional environment for sustainable growth without coordination mismatches, protectionism and market segmentation. This ultimately raises the question, central to this paper, of the adequate governance level and of the regulatory model to adopt (systems competition and/or European regulation).
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Springer in its journal Intereconomics.
Volume (Year): 42 (2007)
Issue (Month): 1 (January)
Contact details of provider:
Web page: http://www.springerlink.com/link.asp?id=113472
Other versions of this item:
- Annette Bongardt & Francisco Torres, 2007. "Institutions, Governance and Economic Growth in the EU: is there a role for the Lisbon Strategy?," Working Papers de Economia (Economics Working Papers) 45, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
- Francisco Torres & Annette Bongardt, 2007. "Institutions, Governance and Economic Growth in the EU: is there a role for the Lisbon Strategy," NIPE Working Papers 19/2007, NIPE - Universidade do Minho.
- F15 - International Economics - - Trade - - - Economic Integration
- P48 - Economic Systems - - Other Economic Systems - - - Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
- F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
- H73 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Interjurisdictional Differentials and Their Effects
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Annette Bongardt, 2005. "Competition Policy and EU Governance," Working Papers de Economia (Economics Working Papers) 28, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
- AndrÃ© Sapir, 2005.
"Globalisation and the reform of European social models,"
- André Sapir, 2006. "Globalization and the Reform of European Social Models," Journal of Common Market Studies, Wiley Blackwell, vol. 44(2), pages 369-390, 06.
- André Sapir, 2006. "Globalization and the reform of European social models," ULB Institutional Repository 2013/167139, ULB -- Universite Libre de Bruxelles.
- André Sapir, 2006. "Globalisation and the reform of European social models," ULB Institutional Repository 2013/8112, ULB -- Universite Libre de Bruxelles.
- Oecd, 2005. "The Benefits of Liberalising Product Markets and Reducing Barriers to International Trade and Investment in the OECD," OECD Economics Department Working Papers 463, OECD Publishing.
- Sjef Ederveen & Albert van der Horst & Paul Tang, 2005. "Is the European EConomy a Patient and the Union its Doctor? On Jobs and Growth in Europe," Economics Working Papers 035, European Network of Economic Policy Research Institutes.
- Olivier Blanchard, 2004.
"The Economic Future of Europe,"
NBER Working Papers
10310, National Bureau of Economic Research, Inc.
- Klaus-Dirk Henke* & Wolf Schäfer & Jacques Pelkmans & Ian Cooper, 2006. "Subsidiarity in the European Union," Intereconomics: Review of European Economic Policy, Springer, vol. 41(5), pages 240-257, September.
- Ark, Bart van, 2005. "Does the European Union need to revive productivity growth," GGDC Research Memorandum 200575, Groningen Growth and Development Centre, University of Groningen.
- Annette Bongardt & Francisco Torres, 2007.
"Is the “European Model” viable in a globalized world?,"
Working Papers de Economia (Economics Working Papers)
46, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
- Francisco Torres & Annette Bongardt, 2007. "Is the ‘European Model’ viable in a globalized world?," NIPE Working Papers 20/2007, NIPE - Universidade do Minho.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.