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The New Knowledge Economy in Europe

A Strategy for International Competitiveness and Social Cohesion

Edited by Maria João Rodrigues

Knowledge is fast becoming one of the main sources of wealth, yet it can also become a source of inequalities. The New Knowledge Economy in Europe attempts to determine whether it is possible to hasten the transition towards a knowledge-based economy and enhance competitiveness with increased employment and improved social cohesion across Europe. The book is an amalgamation of the scientific and political agendas which led to the European strategy for the knowledge-based economy adopted by the European Union.
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A Strategy for International Competitiveness and Social Cohesion


273 Portuguese Presidency of the European Union Document from the Presidency Employment, economic reforms and social cohesion – towards a Europe based on innovation and knowledge Lisbon, January 2000 1. COORDINATING EFFORTS TO ACHIEVE A NEW STRATEGIC GOAL 1.1. A new strategic goal Europe, as it enters the new millennium, demands a new vision and a longterm strategy. While retaining all that is best in its traditions and values, Europe must develop as a civilisation which bases its economic and social prosperity on the advancement of knowledge, cultural diversity and cohesion and which plays an active role in promoting a more balanced, peaceful and harmonious world order. A new strategic goal needs to be defined for the next ten years: to make the European Union the world’s most dynamic and competitive area, based on innovation and knowledge, able to boost economic growth levels with more and better jobs and greater social cohesion. 1.2. An affirmative strategy A new period is beginning in the process of European construction. The European Union is gaining substance economically, socially and politically. Initiatives in the area of common foreign and security policy and a common area of freedom, security and justice add to the great achievements of the single market and the single currency. The enlargement process too is now in full swing. These are major historical milestones in the affirmation of the European project. Despite the economic recovery, serious social problems continue to exist, 275 276 Annexes such as unemployment, social exclusion...

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