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Rethinking Modern European Industrial Policy: Beyond the Current EU Legal Framework

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  • Matjaz Nahtigal

    (University of Primorska, Slovenia)

Abstract

The purpose of this article is to show that the current European Union (EU) legal framework is unnecessarily restrictive and unduly suppresses economic and developmental initiatives in many stagnating regions across Europe. More innovative industrial policies, instruments and measures should be adopted in a highly decentralized manner across the EU. Between the ‘laissez-faire’ and ‘dirigiste’ approaches, there is significant room to maneuver for more pro-active industrial and development policies. New forms of industrial policies could and should be reinvented and implemented across the EU – not to harm or distort competition, but rather to further enhance it. More than one form and framework exist for a Single Market and for the competition policies.

Suggested Citation

  • Matjaz Nahtigal, 2013. "Rethinking Modern European Industrial Policy: Beyond the Current EU Legal Framework," MIC 2013: Industry, Science and Policy Makers for Sustainable Future; Proceedings of the 14th International Conference, Koper, 21–23 November 2013 [Selected Papers],, University of Primorska, Faculty of Management Koper.
    • Handle: RePEc:mgt:micp13:597-611
    as

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    References listed on IDEAS

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    1. Patrizio Bianchi & Sandrine Labory (ed.), 2006. "International Handbook on Industrial Policy," Books, Edward Elgar Publishing, number 3451, June.
    2. Roberto Mangabeira Unger, 2007. "Free Trade Reimagined: The World Division of Labor and the Method of Economics," Economics Books, Princeton University Press, edition 1, volume 1, number 8473, December.
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