This paper aims to indicate that an economic recovery of the European economy can be pulled by an increase of the aggregate demand and by the adoption of a new European cohesion policy having an industrial and a territorial dimension. The paper illustrates a theoretical model: the model of the...

This paper aims to indicate that an economic recovery of the European economy can be pulled by an increase of the aggregate demand and by the adoption of a new industrial policy having a territorial dimension. While the Domar's and Thirlwall's model indicates that growth is determined by the...

Trade theory and economic geography suggest that the removal of trade barriers is likely to bring about more economic specialisation and potentially more diverse development paths between countries and regions. Thus, the deepening and extending European integration should be accompanied by an...

This paper calls for a fresh look at industrial policies in the light of recent trends and developments in the global economy. In particular, five new challenges and their implications for industrial policies are discussed. These have been neglected in the debate on industrial policy and include...

The aim of this study is to consider the main factors affecting the industrial policy in Central and Eastern European Countries (CEECs) by elucidating the issues such as; the connection between competitiveness and industrial policy, innovation, manufacturing, green growth and environment. The...

This book presents an analysis of a wide range of studies on the issue of national and regional competitiveness. For the first time, we identify leading foreign theoretical schools that form the theory of national and regional competitiveness in the world economy system. We further determine...

In the European Union industrial policy is pursued at two levels – supranational and national. No matter that the EU has competence only to carry out actions to support, coordinate or supplement the actions of the Member States, it exerts a significant influence on their industrial policies....

The southern European periphery suffered a severe setback in its catching-up process versus Western Europe after the financial crisis with GDP dropping by 10% between 2008 and 2012 and unemployment increasing to 20% for Greece, Portugal and Spain. We analyze first the reason for this setback,...

The process of industrialization brought to the forefront of concerns the research of new sources of economic growth and of employment, as a result of an unbalanced economic growth or of the strong decline of some economic branches or sectors, while others take the role of economic growth...

In this paper we examine the main transformations that are affecting European automotive industry and which challenges, in particular due to the transition to new forms of propulsion, the industry is going to face. The automotive industry is central to the European economy and the nature of the...