Research project | Updated 26/05/2011 
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After a ten years growth strategy - the Lisbon Strategy - that gave rise to unsatisfying - though sometimes encouraging - results, the EU needs to renew its development model in order to tackle, on the one hand, the financial, economic and social consequences of the worst economic crisis in post-war history and, on the other hand, the global challenges faced by the EU, such as global competition, technological development, population ageing and climate change. These short and long term common challenges, together with the interdependence between EU economies, ask for common action.

In this context, the EU Member States need, more than ever, to have a common growth strategy. Considering that the EU 2020 Strategy, which aims at a smart, sustainable and inclusive growth, is a key and horizontal question for EU's future, Notre Europe contributes actively in its definition and implementation, giving a special attention to the following questions:

 

New paradigm

The EU 2020 strategy needs to ensure full recovery from the economic crisis and allow the transition to a renewed growth model which fosters the synergies between the economic, social and environmental dimensions. The EU development strategy should aim at creating a competitive and inclusive low-carbon EU economy.

Implementation

The EU 2020 Strategy should not only be a vision for Europe; to achieve the expected results, the governance of the strategy has to be improved.

The Open Method of Coordination, in which an exchange of best practices and peer pressure is supposed to encourage Member States to adapt and adjust their economic and social policies, is insufficient to stimulate common action and to deliver the strategy goals. We need stronger tools. We need a "sticks and carrots" strategy: EU funding should be conditional on results and compatibility with the objectives of the EU 2020 strategy.

There should also be a clear share of responsibilities between European institutions and national governments. The European Commission's priority should be to reinforce EU action in the field of EU shared competences.

Communication and Ownership

A reinforced ownership through a better communication and cooperation between the national authorities, the European Commission and the stakeholders is a crucial factor in delivering the new strategy.

The European and national parliaments, the regional and local authorities, the socio-economic actors and the social partners: they must all have a role to play in the new strategy. Involving more actors will increase the pressure on national administrations and on the EU to deliver results. Communication must be used as a €œpressure tool.

EU Budget Reform

The post-2013 EU budget must reflect the EU 2020 key policy priorities but it must avoid opposing the "old"  EU policies to the "new"  EU priorities. The EU must have the means to match its ambitions. Therefore, the EU budget must be increased, namely through the creation of an EU own resource. Two possible own resources are an EU carbon tax, which would strengthen the EU budget and would simultaneously contribute to the transition to a low carbon economy, or a financial transaction tax.

In addition, the idea of borrowing money via the issue of EU bonds, that was first launched by Jacques Delors via his 1993 plan for growth, competitiveness and employment, must be put on the table, namely to fund key EU projects.

Link with CAP and Cohesion Policy

The coordination of the EU 2020 Strategy with the Cohesion Policy and the Common Agricultural Policy has to be improved.

On the other hand, the potential of agriculture to actively address the challenges formulated in the Europe 2020 Strategy needs to be highlighted. It is imperative that the link between the CAP, which is the most integrated EU policy, and the Strategy be re-established and deepened. Beyond 2013, the CAP should foster innovation, ensure the conditions for sustainable agriculture from an economic and environmental point of view, preserve natural resources, ensure the availability of food supplies and contribute to territorial cohesion, growth and job creation in rural areas.

External dimension

The EU 2020 strategy has to be outward-looking and, rather than preparing the EU for globalisation, it must aim at shaping it.

The EU external action must support the EU 2020 strategy in an active way. The building of a competitive and inclusive low-carbon EU economy has to go along with the promotion of the European values on the international scene. The EU won't be successful in tackling global challenges if it acts alone, as it would face the unfair competition of other countries which don't have the same preferences in term of the equilibrium between the economic, social and environmental dimensions.

 




In view
Agenda | 09/06/2010
Notre Europe and the Institut Royal Elcano organised on the 24th of June a European expert seminar in Madrid: 9.30-5.00 at the Instituto de Crédito Oficial (ICO). Notre Europe and the Real Instituto Elcano jointly organise an experts seminar in Madrid on the 24th of June. On the 1st of June 2010 in Merida, the Spanish presidency submitted to the Ministers of Agriculture, gathered in an informal meeting, a working paper explaining CAP's contribution to the Europe 2020 Strategy. This seminar aims at furthering the debate on the contribution of farming and the CAP to the new EU's priorities.
See also
Policy brief by Sofia Fernandes, Elvire Fabry | 16/06/2010
On the occasion of the European Council of the 17th and 18th of June, Elvire Fabry and Sofia Fernandes, Research Fellows at Notre Europe, analyse in this paper what is at stake in terms of deliberation and communication around the Europe 2020 strategy in order to take it, in the months to come, from the "nebulous state" - full of objectives only - in which it now finds itself to a more "solid state," i.e. a fully-fledged strategic implementation. This paper is in line with the proposals advanced in the "Think Global-Act European" report to the Spanish-Belgian-Hungarian Trio Presidency published in March 2010.
Our news | 12/05/2010
Notre Europe asked some members of its Board of Administration and Notre Europe's Committee to give their opinion on the Europe 2020 Strategy. Guy Verhofstadt, Maria João Rodrigues and Laurent Cohen-Tanugi present us their point of view.
Policy brief by Tommaso Padoa-Schioppa | 21/05/2010
We could pretend to be unaware that the crisis threatened the European Union itself as long as only a bank, an area of industry, or a neighboring country were affected. However, when it hit a country like Greece, a member of the euro group, it became self-evident that while Europe may not be to blame, it could well become the great global crisis' main victim. [...] Thus Europe is once again facing both an opportunity and a risk at the same time. The Union today needs to complete its project, and thus it has an opportunity to do so.
Project leader
Research Fellow. Socio-economics Affairs.
Email: sfernandes@notre-europe.eu