Authors Iain Begg | Gabriel Glöckler | Anke Hassel ... - The Europaeum

n A new determination to rebuild and strengthen the Single Market
with structural reforms to strengthen competition.
n A stronger framework for macroeconomic coordination what
promotes growth and facilitates strictly defined social investments
that offer high economic and social returns.
n Moves to single EU external representation in the economic field.
n New EU-wide “fairness” rules for financial regulation, tax
coordination and corporate governance.
n A consistent emphasis throughout on sustainability and the
promotion of low-carbon transition.
n A comprehensive EU Budget reform that makes EU aid conditional
on policy reforms by member states and addresses the twin
challenges of demography and globalisation with modern social
policies to raise the quality of human capital, increase workforce
participation and better integrate migrant and ethnic minority
communities.
This framework should acknowledge the need for differentiated
approaches toward common goals given the EU’s increased diversity. This
is a moment in the history of “Europe” as political project that will test the
mettle of the EU’s leaders and challenge the principles of its raison d’etre.
Ultimately, as the recent BRUEGEL memos to the new Commission
illustrate, 3 it is a moment that demands strong leadership from José
Manuel Barroso as the newly appointed President of the Commission and
assuming Lisbon is ratified, the new President of the Council. It is, quite
rightly, an “exceptionally difficult task”.
A new capitalism now needs to be built and the EU should play a significant
role in building it. The set of distinguished contributions that follows in
this publication aims to sculpt this process, outlining its many obstacles
but also its manifold opportunities.
Chapter 1 – Roger Liddle 29