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The European Social Market Model in Crisis

At a Crossroads or at the End of the Road

Bibliographic Data

ID8019207
AuthorsAnita Pelle (0000-0001-9115-4264, University of Szeged, corresponding author)
Year2013
Volume2
Issue3
Pages131-146
Publication date2013-07-12
Open AccessYes
TypeARTICLE
VenueSocial Sciences (JOURNAL)
Journal identifiersISSN: 2076-0760 • E-ISSN: 2076-0760
PublisherMDPI AG (PUBLISHER • IT)
DOI10.3390/socsci2030131
OpenAlexW2168839544
LanguageEN
Citations received1
References cited9

The European Union (EU) can be regarded as one economic region and this way its competitiveness can be defined and examined. However, there are huge tensions within the European region that raise questions about whether there exists a European economic region and thus “European competitiveness” at all. Unlike some of its largest competitors, Europe still has not overcome the financial and economic crisis that burst out in 2008. In fact, Europe is now struggling with its own crisis, being rather a new chapter than the natural continuation of the global processes. The whole story of the European integration has been the story of economic and social cohesion. In this respect, there does exist a European social market model. But there is a huge dilemma related to this model that has to be faced: on one hand, high European social standards can only be met if competitiveness is maintained but, on the other hand, these expectations on behalf of European societies appear as a mere disadvantage in cost-competitiveness in the global arena. The issue is complex and calls for balanced and sophisticated thinking. In this sense, European competitiveness is the competitiveness of the whole European social market model—highly challenged these days

Competitor analysis · Dilemma · Disadvantage · Economic system · Economics · Economy · European debt crisis · European economy · European integration · European social model · European union · Financial crisis · International trade · Macroeconomics · Market economy · Political science · European Socioeconomic and Political Studies · European Union Policy and Governance · Law · Regional Development and Policy

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Citations per year0.08
Citation span2014 - 2014 (1)
Highly citedNo

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