Show simple item record

dc.contributor.authorBowen, Harry
dc.contributor.authorSleuwaegen, Leo
dc.date.accessioned2017-12-02T14:17:15Z
dc.date.available2017-12-02T14:17:15Z
dc.date.issued2004
dc.identifier.urihttp://hdl.handle.net/20.500.12127/1519
dc.description.abstractA perception of declining EU competitiveness has intensified calls for structural reforms within the EU. This paper examines recent evidence on changes in relative EU competitiveness and considers the observed changes in relation to the evolving competitive environment facing EU firms during the past two decades. Our analysis suggests that recent declines in EU competitiveness reflect an adjustment (or lack thereof) within the EU in response to an evolutionary “Third Step” in the process of EU integration: global market integration. We find that, starting from the mid-1990s, the EU began to face unprecedented increases in external sources of competition. The rising competition from external sources has created pressures for EU firms to alter their organizational and product market strategies to meet the challenge of a globally integrating market. While many leading EU firms are found to have responded to this challenge, EU firms remain hampered by anachronistic EU product and labor market regulations. The growing calls for structural reform therefore reflect the increased external competitive pressure on EU firms as they attempt to respond to growing global competition and to thereby strengthen their global competitiveness. JEL Classification: D21, F02, F23, L10, O40 Keywords: Competitiveness, European Integration, Foreign Competition, Globalization.
dc.language.isoen
dc.publisherVlerick Business School
dc.subjectStrategic Context & International Business
dc.titleEuropean integration: the third step
refterms.dateFOA2019-10-14T12:44:42Z
dc.source.issue19
dc.source.numberofpages43
vlerick.knowledgedomainStrategy
vlerick.supervisor
vlerick.typecommWorking paper
vlerick.vlerickdepartmentEGS
dc.relation.urlhttp://public.vlerick.com/Publications/8ffe9fc3-69a9-e011-8a89-005056a635ed.pdf
dc.identifier.vperid49825
dc.identifier.vperid28098
dc.identifier.vpubid1655


Files in this item

Thumbnail
Name:
Bowen_H_WP_EuropeanIntegration ...
Size:
240.1Kb
Format:
PDF

This item appears in the following Collection(s)

Show simple item record