European Union as a Highly Competitive Social Market Economy Legal and Economic Analysis

by Šmejkal Václav, Šaroch Stabnislav, Svoboda Pavel

The authors consider creating highly competitive social market economy, as referred to in Article 3 Paragraph 3 of the Treaty on the European Union, a highly topical goal which should not become merely a dead provision of the Lisbon Treaty. They analyse its economic and legal aspects in view of the current course of the European integration. They pose the following questions: How shall we understand this goal in today’s world? What sense does it make in the conditions of the 21st century...