Il progetto europeo come motore di crescita e il confronto con gli Stati Uniti: la politica industriale dopo il "Rapporto Sapir"
This paper proposes three propositions for the future of European industrial policy, based on a discussion of the Report 'An Agenda for a Growing Europe' (Sapir et al., 2004). My first proposition is that the growth gap between US and EU indeed exists, it is not a statistical artefact, in spite of the considerations by Blanchard (2004) and others. The competitive pressure of Asian economies compels Europe to react to such gap in the short term. Second, the EU enlargement offers a growth potential, beyond the narrow horizons of national capitalism in the EU member states. Economic integration with the enlargement countries should be firmly pursued, and public investment in infrastructure, cofinanced by EU structural funds will help. This policy, however, is not sufficient to fill the gap with the US. Third, I suggest that a European industrial policy should not be based only or mainly on products market liberalization. An ingredient in an EU industrial policy should be a long term strategy for European-wide public procurement policy, not just for infrastructures, but for hi-tech industries as well. This policy would need a delegation of national funds to supra-national spending agencies, looking at the US experience. We suggest a more radical reform of the EU budget as the one proposed by Sapir et al. (2004).
If 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.
When requesting a correction, please mention this item's handle: RePEc:mul:j0hje1:doi:10.1430/21153:y:2005:i:4:p:707-730. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.