The Growth-Oriented Economic Policy of the EU
Growth is slow in the EU, but growth potentialities remain high, in spite of the exit of the UK and in spite of the COVID-19 pandemic, and we can observe a disparity between reality and potentialities. Does the persistent difference between expected and real benefits mean that the EU integration model is not working? No. It continues to be effective, because it is rule-based. However, these rules are not enough to grasp all the potentialities of integration. We need a better-integrated single European market and a more open trade policy, in the framework of health, security, safety, energy, environment and labour standards, establishing the rules of the competition, but leaving the economic agents free to act.
The book explores Brexit, capital markets, energy, health and bilateral trade policies with the main European partners, in the light of their effects and contribution to European growth. It emerges that this huge trade block is vital but must find the political capacity to move towards a closer integration, to close the gap between reality and potentiality.
The text will appeal to a public interested in the economic problems of the EU, and will be of interest to policy makers and all those who are involved in the process, from proposals to decisions, of making a more integrated Europe.
Angelo Santagostino is Jean Monnet ad personam Chair in European Economic Integration in the Department of Economics of Ankara Yildirim Beyazit University, Turkey, where he delivers courses on Integration Theories, EU Policies and Economic Development. He firstly obtained his JM Chair in 1997 at Brescia University, Italy. His work is focused on the EU integration process and on classical liberal thought, especially its origins. His interest in the European integration took his research beyond economics, to reflections on the common cultural patrimony of Europe. He has published book chapters and a number of journal articles, and is a regular contributor to the Giornale di Brescia. He is a member of the Mont Pelerin Society, the American Economic Association, and the Ankara International Rotary Club.
Dr Burçak Müge Vural holds an MA in Money and Banking from Dokuz Eylül University, Turkey, and an MSc in European Political Economy from the London School of Economics, where she spent time as a Jean Monnet Scholar. She obtained her PhD from Dokuz Eylül University in 2007, before spending time as a Postdoctoral Visiting Scholar at Glasgow University, UK. Her recent publications include “Fresh Produce Regulation and Implementation of International Food Safety Standards in Turkey: Implications for Export Markets” and “Quantifying the Trade and Welfare Effects of EU Aflatoxin Regulations on the Dried Fruit Industry”. She is currently Vice-Chair of the Department of EU Studies and the International Economic Relations Centre at Dokuz Eylül University.
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