The Lisbon Strategy and the economic integration

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The Lisbon Strategy and the economic integration

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On the 23rd and the 24th of March 2000, the European Council settled major goals for the next decade hoping that the European Union will ‘become the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion '. At that time the EU growth was high and the unemployment rate was decreasing. Consequently, the European Council members planned to achieve these goals by ‘improving the existing processes; introducing a new open method of coordination at all levels ' under the guidance of the European Council. Basically, the Council hoped that the economic situation and the economic integration would be enough to be a major power in the world.

Almost a decade later, the EU is trying to deal with a global economic crisis and has already changed the strategy which questioned the relation between the economic integration and the implementation of the Lisbon Strategy.

The implementation of the Lisbon Agenda through economic integration
1. Tools to create a European competitive economy with social cohesion
2. The relative success of the Strategy during the past decade
3. An overall failure of the 2000 goals
The realignments of the Lisbon Strategy and the requirements
1. The gradual realignments of the Strategy
2. The requirements focus on the coordination policies with the Member States
3. The changes involved by the Crisis and the coming threats

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[...] Official documents and others - Commission of the European Communities, Strategic report on the renewed Lisbon Strategy for growth and jobs: launching the new cycle (2008-2010), Brussels p. - Council of the European Union, Brussels European Council, Presidency Conclusions, 19-20 March 2009. - European Commision on growth and jobs, http://ec.europa.eu/growthandjobs/faqs/background/index_en.htm. - High Level Group dir. Wim Kok, Facing the challenge, The Kisbon Strategy for growth and employment, November on http://ec.europa.eu/growthandjobs/pdf/kok_report_en.pdf. - Lisbon European Council, Lisbon Growth and Jobs Strategy, 23-24 March 2000, on http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ec/00100- r1.en0.htm. [...]

[...] Finally, the rise of the China in the global economy is seen by some authors like Laurent Cohen- Tanugi as a threat that the Lisbon Strategy will not face, consequently, the Economic Integration would not be sufficient to implement this competitive economy[14] and the European policies have to be incorporated with a global policy towards the rest of the World. The Lisbon Angenda has been adopted with the idea that “growth is not an end in itself, it is a prerequisite for being able to maintain and increase Europe's prosperity and thus for preserving and enhancing our social models[15]”. [...]

[...] Mettler highlighted that the creation of the Lisbon Agenda initiated the idea of a social EU[5]. Globally speaking, the employment rate raised: employment rate rose from in 1999 to in and in addition to the jobs created in the EU, the Lisbon Agenda strengthened the harmonization of the reforms[7]. In a way there is a virtuous circle between the Lisbon Strategy and the European Economic integration, they both require and foster each other. This circle can be explained by the ‘efficiency-enhancing effects', i.e. [...]

[...] Economic integration is required but not sufficient at present[16]; the Lisbon Strategy also needs a better cooperation between the Member States and the EC and improvements in education, research, etc. as well as more harmonization of the Member States' legislation. Bibliography Books - Baldwin Wyplosz The Economics of European Integration, Mc Graw Hill Education, Berkshire p. - Jovanovic The Economics of European Integration Limits and Prospects, Edward Elgar, Cheltenham p. Articles - Barroso (J.M.), “Achieving Lisbon”, Global Agenda, Issue January 2005, pp. [...]

[...] II- The realignments of the Lisbon Strategy and the requirements A-The gradual realignments of the Strategy With the reforms in 2005, an attempt was made to adapt the Lisbon Strategy to the degradation of the economic conditions within the EU. One of the reports made by Jose Manuel Barroso highlighted that the work has to be clearly shared between the Member States and the EC and the main role of the EC is to make the Single Market. The overall re-launch was about a generalization of the measures initially taken and an insistence on their concrete implementation. [...]

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