Toward Modern European Industrial Policy
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 adop...
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| Format: | Article |
| Language: | English |
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University of Primorska
2014-06-01
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| Series: | Managing Global Transitions |
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| Online Access: | http://www.fm-kp.si/zalozba/ISSN/1581-6311/12_179-194.pdf |
| _version_ | 1811199473274060800 |
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| author | Matjaž Nahtigal |
| author_facet | Matjaž Nahtigal |
| author_sort | Matjaž Nahtigal |
| collection | DOAJ |
| description | 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 manoeuvre 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. Modern industrial policy presupposes high-quality public institutions with highly competent administration. It requires autonomy and accountability of the public administration to counter the pressures of various interest groups. The proposal to revive and articulate modern types of industrial policies across the EU is a call for comprehensive economic and social restructuring. The task of modern industrial policy is to organize and strengthen capabilities of restructuring
in the direction of high-productivity activities. |
| first_indexed | 2024-04-12T01:48:52Z |
| format | Article |
| id | doaj.art-e37e65ae790d4b20807585bdf741072e |
| institution | Directory Open Access Journal |
| issn | 1581-6311 1854-6935 |
| language | English |
| last_indexed | 2024-04-12T01:48:52Z |
| publishDate | 2014-06-01 |
| publisher | University of Primorska |
| record_format | Article |
| series | Managing Global Transitions |
| spelling | doaj.art-e37e65ae790d4b20807585bdf741072e2022-12-22T03:53:00ZengUniversity of PrimorskaManaging Global Transitions1581-63111854-69352014-06-01122179194Toward Modern European Industrial PolicyMatjaž Nahtigal0University of Primorska, SloveniaThe 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 manoeuvre 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. Modern industrial policy presupposes high-quality public institutions with highly competent administration. It requires autonomy and accountability of the public administration to counter the pressures of various interest groups. The proposal to revive and articulate modern types of industrial policies across the EU is a call for comprehensive economic and social restructuring. The task of modern industrial policy is to organize and strengthen capabilities of restructuring in the direction of high-productivity activities.http://www.fm-kp.si/zalozba/ISSN/1581-6311/12_179-194.pdfEuropean industrial policy‘old’ and ‘new’ industrial policyEuropean legal constraintsregional development |
| spellingShingle | Matjaž Nahtigal Toward Modern European Industrial Policy Managing Global Transitions European industrial policy ‘old’ and ‘new’ industrial policy European legal constraints regional development |
| title | Toward Modern European Industrial Policy |
| title_full | Toward Modern European Industrial Policy |
| title_fullStr | Toward Modern European Industrial Policy |
| title_full_unstemmed | Toward Modern European Industrial Policy |
| title_short | Toward Modern European Industrial Policy |
| title_sort | toward modern european industrial policy |
| topic | European industrial policy ‘old’ and ‘new’ industrial policy European legal constraints regional development |
| url | http://www.fm-kp.si/zalozba/ISSN/1581-6311/12_179-194.pdf |
| work_keys_str_mv | AT matjaznahtigal towardmoderneuropeanindustrialpolicy |