Harmonized Europe or European Harmony?

Romanian Journal of European Affairs, Vol. 7, No. 2, 2007

11 Pages Posted: 1 Jul 2007

See all articles by Cosmin Marinescu

Cosmin Marinescu

Academy of Economic Studies, Bucharest

Abstract

Recent evolutions in Europe raise questions on the viability of the present economic and social model that defines the European construction project. In this paper, the author will try to explain the viability of institutional European model that sticks between free market mechanisms and protectionism. The main challenge for the EU is about the possibility to bring together the institutional convergence and the welfare for all Europeans. This is the result of the view, still dominant, of European politics elite, according to which institutional harmonization is the solution of a more dynamic and prosper Europe. But, economic realities convince us that, more and more, a harmonized, standardized Europe is not necessarily identical with a Europe of harmony and social cooperation. If "development through integration" seems to be harmonization through "institutional transplant", how could then be the European model one sufficiently wide open to market, which creates the prosperity so long waited for by new member countries?

Keywords: economic model, institutions, economic integration, competition

Suggested Citation

Marinescu, Cosmin, Harmonized Europe or European Harmony?. Romanian Journal of European Affairs, Vol. 7, No. 2, 2007. Available at SSRN: https://ssrn.com/abstract=997256

Cosmin Marinescu (Contact Author)

Academy of Economic Studies, Bucharest ( email )

6, Romana Square, District 1
Bucharest, 010374
Romania

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