Achieving the Lisbon Strategy: Compensating for Lost Time

Warsaw School of Economics, Institute for International Studies, Economic Papers, Vol. 38, pp. 21-30, 2005

Indiana University Robert H. McKinney School of Law Research Paper No. 2013-10

13 Pages Posted: 18 Mar 2013 Last revised: 4 Jan 2016

Date Written: March 8, 2013

Abstract

This 2005 paper evaluates the Lisbon Strategy that aimed to transform the European Union into the world’s most dynamic and competitive economy between the years 2000 and 2010. The paper notes that the European Union is not meeting the strategy’s goals due to a sluggish internal market, lack of reform in national labor markets, and the failure to maximize trade relations. For a better chance of success, the European Union requires better enforcement mechanisms and the Lisbon Strategy needs to become a national priority in individual member countries.

Keywords: Lisbon Strategy, European Union, economy

Suggested Citation

Ryznar, Margaret, Achieving the Lisbon Strategy: Compensating for Lost Time (March 8, 2013). Warsaw School of Economics, Institute for International Studies, Economic Papers, Vol. 38, pp. 21-30, 2005, Indiana University Robert H. McKinney School of Law Research Paper No. 2013-10, Available at SSRN: https://ssrn.com/abstract=2230266

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