Economic crisis and industiral policy in the Union: the need for a long-term vision of industrial development

Abstract

In this chapter, we discuss the need for industrial policy in the Union beyond the crisis. The Union is currently an economic giant but a political miniature. We argue that adopting an industrial policy as a long-term vision of industrial development could resolve this paradox. What is needed is a political leadership such as that which guided and regularly relaunched the European economic integration process throughout its history