EU Economic Law in a Time of Crisis

EU Economic Law in a Time of Crisis

Edited by Harri Kalimo and Max S. Jansson

How has the EU’s economic crisis affected the development of economic law in the Union? This book contributes to the debate by examining EU economic law from a contextual and policy-oriented perspective. The expert authors explore areas such as the EMU and the internal market, and emphasize the important fields of public procurement, taxation, and intellectual property rights. The investigation proceeds along themes such as harmonization, institutional interplay, non-economic values, and international actions. The authors conclude that, during the crisis, the attention of the Barroso Commission focused quite narrowly on the most urgent problems, failing to consider longer-term issues to spark off bold policy endeavours, and break inter-institutional blockages.

Chapter 12: A wasted crisis?

Harri Kalimo and Max S. Jansson

Subjects: law - academic, european law, law and economics


In the concluding Chapter 12, the editors to this volume, Harri Kalimo and researcher Max S. Jansson, also from the IES (VUB)) add a final layer of analysis on the basis of the area-specific enquiries of the preceding Chapters. The conclusions are framed against the book’s four, interwoven themes: they provide insights on the differences and commonalities in the areas of law in terms of the policy changes and integration, changes in the institutional landscape, the prevalence of non-economic considerations, as well as the international position of the European Union. The analysis reveals that a large part of the achievements of the crisis have indeed been about completing the EMU and the internal market for financial services, where actions were also most urgently needed. Kalimo and Jansson find the differences across the fields of economic law noteworthy, because the core of the crisis has gradually shifted towards the real economy; growth, competitiveness and investments. This calls for the Juncker Commission to focus on public procurement and intellectual property rights, which are essential in supporting progress on all three fronts. Across all the studied fields, Kalimo and Jansson conclude that the means of integration are more and more differentiated, while policy developments are becoming increasingly entangled with constitutional questions.

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