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Framing the European Union: The Status Quo Shift

Author

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  • Raluca OPRESCU

    (Academy of Economic Studies, Doctoral School of International Business and Economics, Bucharest, Romania)

Abstract

The paper aims to examine the current situation of EU from various perspectives and uphold that in order to move forward, EU first needs to change. The framework of this article is an imaginary snapshot of the European Union, based on which the colors, shadows, objects in the picture are observed. By adjusting the “focal distance” depending on the degree of depth of the analysis, the main goal is to break down into components the whole image and assess the overall status quo. Using exploratory research based on qualitative methods, the article seeks answers to the following questions: “Does the present image of EU indicates the necessity of a metamorphosis? What could be EU’s motivation for changing?” Europe’s snapshot doesn’t reveal a homogeneous “chromatic spectrum” as the screen capture is rather sprinkled with budget deficits, high unemployment rates in peripheral countries and it pinpoints that EU is still the “community of multiple speeds”.

Suggested Citation

  • Raluca OPRESCU, 2011. "Framing the European Union: The Status Quo Shift," Review of Economic and Business Studies, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, issue 8, pages 299-308, December.
    • Handle: RePEc:aic:revebs:y:2011:i:8:oprescur
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    References listed on IDEAS

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    1. Valentin COJANU, 2010. "A strategic and operational view of competitiveness and cohesion in the European context," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 1, pages 153-168, June.
    2. Roth, Felix & Nowak-Lehmann D., Felicitas & Otter, Thomas, 2011. "Has the financial crisis shattered citizens� trust in national and European governmental institutions? Evidence from the EU member states, 1999-2010," CEPS Papers 4159, Centre for European Policy Studies.
    3. del Campo, Cristina & Monteiro, Carlos M.F. & Soares, Joao Oliveira, 2008. "The European regional policy and the socio-economic diversity of European regions: A multivariate analysis," European Journal of Operational Research, Elsevier, vol. 187(2), pages 600-612, June.
    4. Dabrowski, Marek, 2010. "The global financial crisis: Lessons for European integration," Economic Systems, Elsevier, vol. 34(1), pages 38-54, March.
    5. Baldwin, Richard E & Forslid, Rikard, 2000. "The Core-Periphery Model and Endogenous Growth: Stabilizing and Destabilizing Integration," Economica, London School of Economics and Political Science, vol. 67(267), pages 307-324, August.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    economic integration; the core-periphery model; European Single Market; uneven development; regional competitiveness;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General

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