Intereconomics

, Volume 51, Issue 6, pp 348–352 | Cite as

The Future of European Growth Policies: Resetting Integration

Special Issue

Abstract

This note argues that one should lay the focus of future European growth policy on integration and technology. This focus should be on maximising the growth effects of their interaction, with an emphasis on the importance of deep integration. The note provides three examples that show how deep integration has contributed to stop the relative economic decline in the UK vis-à-vis the EU founding members; how deep integration increased productivity in Sweden, Austria, and Finland compared to that in Norway; and how a key mechanism to advancements in the new EU member states has been the capacity of deep integration to generate institutional change.

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Copyright information

© ZBW and Springer-Verlag Berlin Heidelberg 2016

Authors and Affiliations

  1. 1.Department of Economics and FinanceBrunel UniversityUxbridge, LondonUK

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