Abstract
Getting ready for the sun after the storm. Short-term solutions for the current financial/economic crisis are consistent with the social market economy. However, these solutions may hamper the effectiveness of the common market, which should be defended by the centre-right. In the absence of political integration, the common market is the foundation of the EU and remains its greatest achievement. If the market loses its credibility, then the EU itself is at risk as an institution.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Altomonte, C., & Nava, M. (2005). Economics and policies of an enlarged Europe. Cheltenham: Edward Elgar.
Bekker, S., & Wilthagen, T. (2008). Europe's pathways to flexicurity: Lessons presented from and to the Netherlands. Intereconomics 43(2), 68–111.
Buti, M., Turrini, A., van den Noord, P. & Biroli, P. (2008). Defying the ‘Juncker Curse’: Can reformist governments be re-elected?’. Brussels: European Commission, Directorate-General for Economic and Financial Affairs, Economic Papers 324. http://ec.europa.eu/economy_finance/publications/ publication12586_en.pdf/.
Cable, V. (1999). Globalization and global governance. London: Chatham House Papers.
European Commission. (2005a). Working together for growth and jobs: A new start for the Lisbon Strategy. Communication to the Spring European Council. COM (2005) 24. Brussels, 2 February. http://ec.europa.eu/growthandjobs/pdf/COM2005_024_en.pdf/.
European Commission. (2005b). Eurobarometer 64. Full Report. http://ec.europa.eu/ public_opinion/archives/eb/eb64/eb64_fr.pdf/.
European Commission. (2006). Eurobarometer 66. Full Report. http://ec.europa.eu/ public_opinion/archives/eb/eb66/eb66_en.pdf/.
European Commission. (2007a). Evaluation of the performance of network industries providing services of general economic interest. Commission Staff Working Document. SEC (2007) 1024. Brussels, 12 July. http://register.consilium.europa.eu/pdf/en/07/st11/st11933.en07.pdf/.
European Commission. (2007b). The European interest: Succeeding in the age of globalisation. Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions. COM(2007) 581 final. Brussels, 3 October. http://ec.europa.eu/growthandjobs/pdf/COM2007_581_en.pdf/.
European Commission. (2007c). Eurobarometer 68. Full Report. http://ec.europa.eu/ public_opinion/archives/eb/eb68/eb_68_en.pdf/.
European Commission. (2008a). Communication from the Commission on the European Competitiveness Report 2008. COM (2008) 774 final. Brussels, 28 November. http://ec.europa.eu/enterprise/enterprise_policy/competitiveness/doc/ compet_rep_2008/com_2008_0774.pdf/.
European Commission. (2008b). Eurobarometer 70: First Results. http://ec.europa.eu/ public_opinion/archives/eb/eb70/eb70_first_en.pdf/.
European Commission. (2008c). Fifth progress report on economic and social cohesion: Growing regions, growing Europe. Communication of the Commission. COM (2008) 371 final. Brussels, 19 June. http://eur-lex.europa.eu/LexUriServ/ LexUriServ.do?uri=COM:2008:0371:FIN:EN:PDF.
European Council. (2000). Presidency conclusions. Lisbon European Council, 23–24 March.
Grahl, J., & Teague, P. (1990). European Community social policy: Present scope and future direction. Journal of European Integration, 22(2), pp. 194–211.
Habermas, A. J. (1984). What does a legitimation crisis mean today? Legitimation problems in late capitalism. In: W. Connoly (Ed.) Legitimacy and the State (pp. 1–20). New York: New York University Press.
Kok report (2004). The Lisbon strategy for growth and employment. Report from the High Level Group chaired by Wim Kok.
Konrad-Adenauer-Stiftung. (2008). Jena Manifesto for the renewal of the Social Market Economy. Available at www.sozialemarktwirtschaft.eu.
Monti, M. (2000). Competition in a social market economy. Speech at the Conference of the European Parliament and the European Commission on ‘Reform of European Competition law’. Freiburg, 9/10 November.
Monti, M. (2008). Financial crisis and the market economy. Speech at the Seminar in the Consiglio per le relazioni tra Italia e Stati Uniti. New York, 11 December.
Munkhammar, J. (2007). The guide to reform: How policymakers can pursue real change, achieve great results and win re-election. Stockholm: Timbro/ Stiftelsen Fritt Näringsliv.
Offe, C. (1984). Contradictions of the welfare state. London: Hutchinson/MITP.
Pisani-Ferry, J., & Sapir, A. (2006). Last exit to Lisbon. Bruegel Policy Brief 2. http://www.bruegel.org/uploads/tx_btbbreugel/pdf_140306_lisbon.pdf/.
Sapir report. (2003). An agenda for a growing Europe. Making the EU economic system deliver. Report from an Independent High Level Group chaired by André Sapir.
Sartori, G. (1987). The theory of democracy revisited. Chatham, N.J.: Chatham House Publisher.
Schumpeter, J. A. (1942). Capitalism. socialism, and democracy. New York: Harper and Row.
Tremonti, G. (2008). Social market economy? Inaugural lecture delivered at the Università Cattolica to mark the opening of the academic year. Milan, 19 November.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2009 Constantinos Karamanlis Institute for Democracy, Athens
About this chapter
Cite this chapter
Riela, S. (2009). The EU Needs a Social Market Economy, Now More Than Ever. In: Arvanitopoulos, C. (eds) Reforming Europe. The Constantinos Karamanlis Institute for Democracy Series on European and International Affairs. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-00560-2_10
Download citation
DOI: https://doi.org/10.1007/978-3-642-00560-2_10
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-00559-6
Online ISBN: 978-3-642-00560-2
eBook Packages: Humanities, Social Sciences and LawPolitical Science and International Studies (R0)