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An Agenda for a Growing EuropeThe Sapir Report$
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André Sapir, Philippe Aghion, Giuseppe Bertola, Martin Hellwig, Jean Pisani-Ferry, Dariusz Rosati, José Viñals, Helen Wallace, Marco Buti, Mario Nava, and Peter M. Smith

Print publication date: 2004

Print ISBN-13: 9780199271481

Published to Oxford Scholarship Online: July 2005

DOI: 10.1093/0199271488.001.0001

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Making a bigger Europe work

Making a bigger Europe work

Chapter:
(p.122) 8 Making a bigger Europe work
Source:
An Agenda for a Growing Europe
Author(s):

André Sapir (Contributor Webpage)

Philippe Aghion (Contributor Webpage)

Giuseppe Bertola

Martin Hellwig (Contributor Webpage)

Jean Pisani-Ferry (Contributor Webpage)

Dariusz Rosati

José Viñals

Helen Wallace

Marco Buti

Mario Nava

Peter M. Smith

Publisher:
Oxford University Press
DOI:10.1093/0199271488.003.0008

This chapter examines the challenges posed by an enlarged European Union. These challenges are classified into three categories: implications for growth and cohesion, implications for macroeconomic stability, and implications for EU governance. It is argued that the EU must either abandon some of the ambitions that it is unable to commit to deliver or address governance weaknesses. A streamlined, scaled-down Union would focus on providing monetary stability, a pro-competitive environment, and development assistance.

Keywords:   European Union, enlargement, growth, cohesion, macroeconomic stability, governance

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