The Barcelona Scorecard: The status of economic reform in the enlarging EU

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The Barcelona Scorecard: The status of economic reform in
the enlarging EU

Only a new ‘High Representative for Economic
Policy’ can ensure the EU meets its 2010 target of becoming “the
most dynamic and competitive knowledge-based economy in the world”.
European leaders should appoint a ‘Mr Euroland’ to drive forward
the Lisbon process of economic reform over the coming years. The
success of Javier Solana in foreign policy offers a promising
precedent.

This is one of the conclusions of The Barcelona
Scorecard, the CER’s second assessment of the EU’s progress on
economic reform. Two years on from the Lisbon summit, this paper
takes stock of what it has achieved and, equally importantly, what
remains to be done. France and Germany emerge as the ‘villains’ of
the Lisbon process in 2002. Sweden, Spain and the European
Commission are the ‘heroes’, having done most to keep the EU’s
reform efforts on track.

The EU summit at Barcelona in March 2002 made
some progress, for example in energy liberalisation. But in many
countries, tough choices have been ducked, in part owing to the
current wave of elections. As a result, the economic gap with the
US is widening, not closing. This second edition of the scorecard
also includes an analysis of the performance of the candidate
countries of central and eastern Europe. The new members could
provide a fresh impetus to the Lisbon process, as they have
undertaken radical structural economic reforms and will rightly
expect current member-states to come into line.

For more Centre for European Reform (CER)
analyses go to the

CER website.  

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