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After the economic crisis of 2008–2010 the Member States, instead of improving cooperation and deepening their integration within the Internal Market of the EU, began thinking about public interventions, including changes in state aid rules and the introduction of a new industrial policy. The concept of a new industrial policy is subordinated to the Europe 2020 strategy, although achieving its targets may in some instances contradict the main goal: increasing the competitiveness of the EU’s entrepreneurs. Moreover the European Commission established the goal of reversing the declining role of manufacturing, which in 2012 stood at the level of around 16 per cent of GDP, aiming to increase its level to 20 per cent of GDP by 2020, although this is not the EU industry competitiveness index. Due to the many statements, declarations and letters issued by the Member States about the need for a new industrial policy, it is important to identify the real industrial leaders of the EU and their approach to public interventions within the internal market.
EN
European economic integration and EU enlargement have enhanced transnational restructuring in multinational companies (MNCs). This allows MNCs to benefit more from local competitive advantages in their production and in their access to consumer markets and labor markets. When the central management of MNCs decides to restructure their operations and eventually close a plant, this demonstrates their impact on local workplace developments. The EU Directive on European Works Councils (EWC Directive) can thus be assessed as a case of European social policymaking providing a corrective mechanism for the democratic deficit in MNC decision-making.
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