| By: |
Joanna Kuczewska (Faculty of Economics, University of Gdansk);
Joanna Stefaniak-Kopoboru (Faculty of Economics, University of Gdansk) |
| Abstract: |
Current economic problems, the institutional transformation of the European
Union (EU), the successive enlargements, counteracting the effects of the
economic crisis and the euro zone crisis contributed to the reduction of the
activity of the European Community in the implementation of an effective
internal market as well as creating favorable business environment and thereby
promoting industrial competitiveness. The single market has become the least
popular among businesses and consumers since its implementation. Currently a
strong real economy and a competitive business sector with key position in the
global supply chain are of paramount importance for the economic recovery The
EU's future economic growth depends on an innovative industrial base. The aim
of the article is to present results of the analysis of the European
industrial policy objectives in light of the challenges of the modern economy.
The key issue is to answer the question whether the current activities and
tasks of the EU industrial policy might be effective in the context of
challenges of the single European market and the globalization of the economy,
which are affected by the negative effects of the financial and economic
crisis of recent years. |
| Keywords: |
European industrial policy, industrial competitiveness, crisis |
| JEL: |
O25 O52 L52 |
| Date: |
2015–04 |
| URL: |
http://d.repec.org/n?u=RePEc:gda:wpaper:1501&r=ind |