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Remarks on the Future Challenges of the European Union

In: 50 Years of EU Economic Dynamics

Author

Listed:
  • András Inotai

    (Institute for World Economics of the Hungarian)

Abstract

In recent years, many experts and politicians have started talking about a ”crisis” in Europe. This view has been supported not only by the latest negative developments in the European Union represented by the refusal of the Constitutional Treaty both by the majority of the French and the Dutch citizens or the unholy and unproductive debate on the next financial framework covering the period between 2007 and 2013. Protracted sluggish growth in the key member countries, stubborn and high level unemployment, the lack of and unwillingness to reform as well as the emerging new protectionism in some member countries provide evidence which seems to strengthen the arguments and the general feeling of a ”crisis”. Moreover, the latest enlargement, the really historical development in Europe in the last decade, has also been assessed responsibility for the deadlock of the integration process, the new challenges and the declining importance of the European economy.

Suggested Citation

  • András Inotai, 2007. "Remarks on the Future Challenges of the European Union," Springer Books, in: Richard Tilly & Paul J. J. Welfens & Michael Heise (ed.), 50 Years of EU Economic Dynamics, chapter 0, pages 261-274, Springer.
    • Handle: RePEc:spr:sprchp:978-3-540-74055-1_18
    DOI: 10.1007/978-3-540-74055-1_18
    as

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