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TABLE OF CONTENTS<br/>Overview<br/>Foreword<br/>Introduction<br/><br/>Europe: A Still Enviable lifestyle <br/>The Role of European integration in This Overal .Success <br/>The Contribution of European integration to This Overail Suceess: <br/>A Few Figures <br/>Comparative Cost of the EU and .Aid to Developing Countries' <br/>European integration :An Archimedean Lever for all Mernber States. <br/>Europe s Contribution Underestimated of Even Denied<br/>A Suecess That Respecis Diversitv at the Sarne Time<br/>A Balance Sheet in .Jeopardy?<br/>A Kev Indicator: Labour Productivity<br/>Work Productivitv: An Essential Parameter for Quality of Life too <br/>Social and Societal Ills <br/>Europe: Heading for a Better Place<br/><br/>TITLE I EUROPE AND PROSPERITY <br/>Europe and tho horns of plenty<br/>Chapter 1 Completing the Single Market<br/>Introduction: A Large Single Market. Rernarkably Compact and... Under-Exploited<br/>A Single Market<br/>General Benefits<br/>Benefits for Consumers<br/> Other Benefits for Businesses<br/>Internal Market and External Dimension<br/>Europe and Direct Investment in the resto of the World<br/>Direct lnvestment in the EU<br/>Denonstrating the benefits of the Single Markel Through the Absurd: <br/>The United Kingdorn After Brasil <br/>2.A Large Market...in a Smail Arca<br/>3.A Large Market that Is Clearly tinder-Efticient <br/>4.A Large Market rhat Is Incrcasingly Under-Eflicient<br/>A Weak Single Market in Services <br/>Protectionism has the Wind in its Sails <br/>A. A Single Market to Be Completed and Liberalised <br/>1. Towards A Barrier-Free Playing field particularly for SMFs: <br/>Mutual Recognition of Goods and Services Current Situation <br/>In Favour of a Genuine General Priciple of mutual Recognition <br/>No Restrictions Without Prior Authorisation from the European Commission<br/>lnmediate Gains in Econonics Dynamisrn <br/>A .Plavground Finally Open to SMEs <br/>Médium-Term Gains (i):More Self Financing <br/>,Mediun-Term Gains (i): More Investment in, R& D&I<br/>Possible Accornpaniing .Measures for:Mutual Recognition <br/>Completing the Single Market Is vïtal for the European Social <br/>Democratic Model. <br/>2. A Large Playing Field Where the Rules Are Better Respected <br/>Towards a more Effective Crackdown on Protectionist Measures <br/>Need for a Change of Mindsed Maily on the Part of Member States<br/>3. For a Great Playground. Not a Morgue: Toards a Recalibration <br/>Of European Regulations<br/>4. Towards a Positive Dynamic with Unsu.spected Cascade Potential <br/>5. A Great Plaground Despite Linguistie Diversity<br/>Beyond solutions Potenticil <br/>B. A Single Market to Be Strengthened and Irnproved <br/>Over the Long Temi: Six Priorities <br/>How Can the Dynamic proposed abive be consolidated and Sustaned.<br/>1. A Frameork Conducive to R&D&l<br/>Bat Where are the European products and Services of Tomorrow?<br/>A Persistent Lack of R&D&J <br/>The Crucial Importance o[ Completing the Internal Market <br/>For Scientific and Technological Progress <br/>Aggravating Factors <br/>A few areas for Irnprovetnent<br/>(i)Facilitating the Filing of Palenis <br/>(ii) More Funding <br/>The Financial System in General? <br/>Towards a Framework That Encourages Private Invcstment? <br/>More Public Funding <br/>More State Aid and Other National Public Funding?<br/>More European Public lunding? <br/>Public Seed Funding aLever ftr lrivate lnvestmcnt <br/>(iii) Research, Entreprcneurship and Nlarkct Inicraction <br/>Towards a Genuine European Research Arca (ERA)<br/>(v) Promoting Science and Technology Courses<br/> (vi) Miscellaneous<br/>2. A Dynamic. Eco-Responsible Industrial Polic That Respect <br/>Competition Law and Is Well-Informed<br/>Benefus of Reindustrialisation<br/>EU Industrial Policy ResponsabiIities<br/>A New Strategy<br/>Reindustrialisation and Eco-Responsibility<br/>Industrial Policv and Competition Law<br/>Dvnamic Yes but with Discenrment <br/>3. A Safer More Ffticient and More Complete European Financial System<br/>Part One. the Benefits of a Strong Financial .Svstern for Europe<br/>(i)Finance; A Sccond Engine for the Real Economy <br/>(ii) The Financial System: The Equivalente of an Export Sector <br/>(III)The Euro: A Potential Additional Driving Force<br/>(iv) Finance. the Technological Revolution and Other Chailenges<br/>Of OurTirne.. <br/>(v) Finance: A Relatively Clean Sector <br/>Part two: Weaknesses ia the J'olkv Pursued Since lhe Financial Crisis<br/>(i)A Cancer Fhat Vias Nol f3een Eradicated: Bad Bank Deht <br/>(ii) lncreasingly Burdensorne, 1)estructivc and Ineifective Regulation in lts Place <br/>Part Three: Some suggesfions<br/>(i)For a More Targeted Approach<br/>(ii) LeL Us Rehabilitate Financial Innoation and Invest In Financial Education <br/>(iii) Fora StructuralíModern Supply-Side Policy <br/>(iv) Towards More Market Finance? Na III-Considered Debate - towards a Miultipolar European Financial Sector<br/>For a More Aware Europe That Looks After [ts <br/>On Interests <br/>4.Worker Mobility and the Development of Human Capital<br/>Mobilitv<br/>(i)An Asset Against Unemployment - The Prospect Of a Better Life <br/>ii) Mobility: A Freedom That Is Insufficiently Used<br/> (iii) Mcchanismsto Promote Personal Mobilitv. <br/>(iv) Suggestions for Other Mobility Incentives<br/> (v) Freedom of Movement and Solidarit<br/>Human development<br/>(i)EU responsibilities in Employment. Education and Training <br/> (ii) Towards l3etier Support for Workers Wanting tu Start A Family?<br/>(iii) Music, Images and Languages.. <br/>(iv) Towards a Reorganisation ofEducation Systems? <br/>5. Transport <br/>Transport Networks and Prosperiiv <br/>European Deficiencies <br/>Investments to Be Planned and carred Out <br/>Environmental Dimension<br/>More Balanced and Cornplementari modes of Transport<br/>(i) Inland waterway Transport<br/>(ii) Rail Motorways and Combined rransport<br/>(iii) What About Road and Air Transport?<br/>Complementary and .alternative measures<br/>6. Energy<br/>Issues<br/>Energy Self-Sufficiencv<br/>Diversification of supply<br/>The Place and Role of Nuclear Power? <br/>Securitv of Suppy and Whether or Not Energv Sources cam be controlled<br/>For a Principie of Neutrality <br/>Cost of energv<br/>European .Achievements in Renewable Energv and Energy efficiency<br/>R&D&l and energy<br/>Another Kev Index: The Energv intensity Rate <br/>Energy sr Intensitv and Efficiencv :A Shared Responsibiliíy. <br/>C. Preferred Method: A Structural or Modern Supply-Side Policy <br/>and a Systematic Search for Added Value <br/>1. Working on the So-CalIed Missing Factors: A Structural or Modern <br/>Supply-Side Policy<br/>,structural or .modern Supppy policv: Avoiding Confusion <br/>The EU Ability to Pursue a Structural ,modern Supply-Side Policy <br/>2. Any European Initiative Must Deliver Significant Added Value<br/>Toward More Stringenz monitoring of Compliance winh the Principie <br/>of Subsidjarjtv<br/>3.The Principie of an Open Market Economy With Free competition <br/>In Favour o favour of a more Binding Principle of Respect for an Open <br/>Market Economy<br/>yés to a Leve Playing Field, to a European Level Dying Field<br/>4. Towards a Virtuous triangle of the Eco-Responsible Social Market Economy<br/>A Twelfth Dunk whose neck needs wringing: The Race<br/>To the Boiton<br/>For a clever welt tempered Approach<br/>Towards a Fair Share of the fruits of new Regulation<br/>5. A Major Asset for European Societ: Standard<br/>Some examples of European Standard.s<br/>Standards Implications for European legislators<br/>6. Towards self linitation and More Evaluation<br/> Concice Legal Framework<br/>Towards Independent Impact: lssess,nents<br/>7. Conclusion: Towards a Structural Modern Suppy Policy for the Internal Market<br/>What Gains in GDP cam be Expected From the above Proposals?. <br/>D. Afterword: Two Piltars to Maintain. the Cornmon Commercial and Competition Policies<br/>1. Common Comrnercial Policy<br/>2. The Contribution of European Competition Law<br/>The Role and Added válue of antitrust Law and merger Control<br/>A PoIicy work Reviewing'<br/>Chapter 2 Prosperity and the Public Sector<br/>A. Sound Public Finances and Budgetary Responsibility<br/>Pillar of European Integration<br/>A Discipline That Respects National Diversity<br/>perception of budgetary Discipline in the member States <br/>Heality Public Einances: An Asset or aweakness for Europe?<br/>The maastricht criteria: not all That Ineffective<br/>Towards a Change in European budgetarv Rides <br/>European integration. fiscal Responsibility and solidarity<br/>mechanisms<br/> <br/>B.Fiscal Governance and Macroeconornic Surveillance <br/>1.The European Semester<br/>Other Topics examined<br/>The European Semester a Potential Goidmine <br/>(i)Budget Preparation Procedure<br/>(ii) Composition of Budgets<br/>(iii.) Managing Member States Public Debi <br/>(iv) Extending the Areas Covered<br/>2.Multilateral Surveiliance<br/>Are we moving Towards an extension of .Surveillance to include <br/>Major Econonic. Societal and enviromentaI Balances ? <br/>C.ECB Monetary Policy<br/>Underlying Principies<br/>Temperarments and Trends Since 2008<br/>Risks and Challenges<br/>D.The European Recovery Plan <br/>Assessment<br/>E.Control of State Aid and SGEIs: An Incentive to Better Design <br/>Public Initiatives<br/>Why is State aid Banned in Principle?<br/>The Discipline of state aid Control<br/>Towards a,, improvement in State aid I,aw <br/>Services na General econonic interest SGEIs.<br/>(i)Notion<br/>(ii) SGEI and Respect for National Diversity<br/>(iii) The SGEI Matrix . <br/>(iv) lowards an Improement in the SGEI Discipline? <br/>F.An Economic Policy That Respects an Open Market Econoniy <br/>With Free Competition<br/>Presetation <br/>Pretential of the principle<br/>So What are the best Interventions?<br/>Open economy and public economic action<br/>Foresig/u: The Link Between lhe Principie qfan Open ;tlarkei <br/>Lcononv and PubIic Ecunomic iction<br/>(i)Pubiic initiative. Vilhancing Economic Market Activity <br/>(ii) No Premature or Excessive Pub!ic intervernion<br/>(iii) Typology ofCombinations Between Privare and PuhIic <br/>Enitiatives<br/>(iv) The Principie of lhe Open Eeonomy and Fechnoiogicai <br/>Change<br/>(v) The Potential for Promoting Efficient Resource Aliocation<br/>Conciusions and Costing ofGains From the Public Sector <br/>UnionProject <br/><br/>TITLE II DEVELOPMENT AND SOLIDARITY<br/>Chapter 1Economic, Social and Territorial Cohesion Policy<br/>A.Cohesion Policy Throung the Structural Fund<br/>The Structural Funds<br/>An. Assessnent of the Work of the Structural Funds<br/>(i)Positive Elernenis<br/>(ii) Impairments <br/>(iii) Suggestions <br/>B.The Work of the European Investment Bank (EEBC<br/>C.The European lnvestrnent Fund (EIF) <br/>D.The Juncker Pian, InvestEU. the EIB and the EIF <br/>Towards a STrengihening of the EU Financial Actio Rather <br/>Than Its Budgetary capacity? <br/>E. The Potential of Economic. Social and Territorial Cohesion <br/>Policy<br/>Towards a Afore Structured Europe?<br/>Towards Greater Coordination bettween member states<br/>Towards Strengthening Each member states<br/>F.Conclusion<br/>Chapter 2 Social Europe, Social .Justice, Social Democracy<br/>Why Is There So Much Social Disillusionment Wiih. <br/>and Even Distrust of Europe? <br/>Europe Social Responsibility <br/>Solutions?<br/>A Structural, modern and Comprehensive Supplv Policy?<br/>Towards .more Proactive, Even more invasive and Authoritarian <br/>measures? <br/>(i)Towards the introduction of a Minimum Hourly Wage? <br/>(ii) Tovards a Compensatory Allowance for Low-Productivity <br/>workers? <br/>(iii) Social Responsibility, of Cornpanies and Public Authorities? <br/>(iv) A Tax on Wealth? <br/>(v) Shareholder of bondholder in the EU Company?<br/>(vi) Social Mobilit<br/> (vii) Birth Rale and Family Policy<br/><br/>TITLE III EUROPE AND ECO-RESPONSIBIL1TY<br/>Chapter 1 Protection of the Environmenl - combating<br/>Climate Warrning <br/>Review of european . action<br/>Bui now it s time to Shift lnto Overdrive <br/>(i)One Priority: Technical Progress<br/>(ii) For a Global. Svsternaiic and Graduated Approach<br/>(iii) A Pragrnatic. Lclectic and 1 lolistie Approach <br/>(iv) Iowards a Carbon lax? <br/>(v)General Mobilisation' <br/>For a Resource .tíanagemem Sociey <br/>Chapter 2 The Common Agricultura] Policy (CAP) <br/>CAP:An Engine That Is Rapidly Overpowered or Even Oversized<br/>From the Outset <br/>The CAPSome Perplexing findings<br/>Some Areas for improvement? <br/><br/>TITLE IV EUROPE, GREATER FREEDOMS AND DEMOCRACY <br/>Chapter 1 Europe, a Tool to Protect Values., the Rule of Law and Freedoms<br/>Europe, The Protection of minorities and the Cohahitation<br/>Of Comnunities<br/>Europe and Democracy<br/>Europe. the Rule of Law. and Freedoms <br/>Europe:A Counterweight, a Force for moderatian and Questioning <br/>Tb%iards ,4dditional Contributions ia !reedo,n and Dmocraci<br/>Chapter 2 Where is the European Political Society (at)?<br/>A European Polítical Society Is still missing <br/>Causes of the Absence of a European Política! Society<br/>Towards Better Identification of the Respective roles<br/>Of the .memher States and the European union <br/>Some proposals for the Emerence of a European Polítical Society<br/><br/>TITLE V EUROPE AND ITS NEIGHBOURS: GENEROSITY, STABILITY AND SECURITY<br/>Chapter 1 Development and Migration Policies<br/>A. Developrnent Aid Policy<br/>B.Migration Policy <br/>Chapter 2 Defence Policy <br/>Conclusions<br/>Europe:A Gentle way of life<br/>Threatened<br/>A Sign of Our Loss of Speed: <br/>Productivity at half Mast<br/>A Gentle way of life can Nevertheless <br/>Be Saved and Strengthened <br/>A Major Asset to Be Exploited to the Full: The Domestic Market <br/>Towards Generalised Mutual Recognitiion 0f goods and Services <br/>SMEs in ali Member States, Get Up! <br/>For a Minimum Organisational Base Common to all companies <br/>More Public Education on the Single Market<br/>Towards a Recalibration and Moderation of the EU Standard-Setiing Actívity<br/>Other Urgent Measures <br/>AT the Sarne Tirne, a Supportive framework <br/>(i)R&D&I Efforts <br/>Technical Progress Is Vital for Europe<br/>For a Substantial Reduction in the Cost of Patents<br/>More Lncenties to Innovate <br/>Towards More lnvesrnient in R&D&I <br/>Other Measures to Promote Research <br/>(ii)Reindustrialising Europe <br/>No turning Back lit: Eco-Responsible Reindustrialisation<br/>No turning Back (ii: An Industrial Policy That Rcpect <br/>Market Economy Where Competition is Free <br/>And innovative<br/>(iii) A Financial Sector Ihat Is Healthv, Liberated. Complete <br/>and Innovative All at lhe Sarne Time<br/>The uneheeked Cancer of Bad Bank Debt <br/>The unsuccessful and Poorly Adapted Altempt of Shift <br/>To Market finance <br/>For a multipolar financial System<br/>For an inovative Financial Sysiem and More Financial Education<br/>(iv) People Mohilitv and Human Capital <br/>Mobility Initiatives<br/>Fraining and 1 luman Capital Dcvelopment <br/>lowards a !etier Work-Life Balance<br/>(v) Transport <br/>(vi) Energy Policy <br/>Preferred methods and Instruments for Establishing a Supportive framework <br/>(i)A Structural Modern Supply Policy <br/>(ii) A Sytematic Search for Added Value<br/> (iii) Towards a Virtuous Triangle of the Fco-Responsible Social Market Economv <br/>(iv) Towards the Development of More Standards<br/>.An lmproved Single Market: Added Value in Figures<br/>B. The EU: A Booster for Public Managernent <br/>(i) Guaranteeing the Key Balances<br/>The sustainabiIitv of Public Finances <br/>Price Stability<br/>Monitoring macroeconomic, Social and Environmental Balances<br/> (ii) Towards More Proactive and Effective Public Action <br/>Beyond Balances: A Contribution to a More Proactive Approach<br/>Beyond Balances (ii): Structural improvements in Public Managernent<br/>Greater Respect for the Principle of a Market Economy<br/> EU: An Opportunity to Renew Private-Public Interaction<br/>Some Private-Public Synergies<br/>Added Value of Financial lnstruments in the Pursuit <br/>of General lnterests <br/>Improving Public Actiori in the EU: Forecast Results <br/>C. Prioritv for lnvestment <br/>Target Figures <br/>D. For a More Inclusive Society<br/>The Contribution of a Comprehensive Structural Policv to Social Justice<br/>If the Structural Policv Is Inadequate. a More Proactive Approach <br/>Is.needed <br/>E. The Environrnental Challenge: Fundamental but Not the Most <br/>Difficult for Europe<br/>F. Democracy and Freedoms: Precious Assets to Be Preserved And Strengthened <br/>G. Foreign Policy <br/>H. The European Union <br/>A Booster and a Lever <br/>Targets for 2030<br/>Appendix: Practical Recommendations <br/><br/><br/><br/> |
