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EU’s Industrial Policy for the globalisation era: From knowledge to competitiveness
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An Integrated Industrial Policy for the Globalisation Era
Importance of industry
• Manufacturing industry and associated services creates wealth and jobs through high productivity
• More than 50% of private sector employment
• 75% of exports and 80% of R&D
• Industry solution-provider to tackle societal challenges
A fresh approach to Industrial Policy
• Promoting competitiveness and sustainability
• Integrating full range of EU policies
• Member States: improving the business environment
• Regular reporting competitiveness policies and performance
Key actions
• Improving the business environment• Strengthening the Single Market • Industrial innovation strategy • Promoting Sustainability• Facilitating industrial change• Capitalising on globalisation• Improving sectoral policy frameworks • Member State competitiveness
Improving the business environment
• Smart Regulation: competitiveness-proofing ex post fitness checks
• Improving Access to finance SME finance Impact of financial reforms
Strengthening the Single Market
• Single Market Improving market surveillance Creating a market for business services IPR enforcement
• Improving infrastructure address transport and energy bottlenecks continue to liberalise energy markets
• Faster standardisation
Industrial innovation policy
• More timely development and commercialisation of technologies
• Innovation in traditional manufacturing
• E-skills for advanced users
• Encouraging clusters and better cross-border co-operation
Promoting Sustainability
• Develop 2050 Low Carbon Roadmap
• Monitor voluntary industry initiatives
• Sustainable Industrial Policy: eco-design
• Eco-innovation
• Energy-intensive industries
• Raw material initiative
Facilitating industrial change
• Mainly responsibility of social partners
• Consult on European framework for restructuring
• Globalisation Adjustment Fund
• Cohesion policy and Structural Funds
• Rescue/restructuring Guidelines
Capitalising on Globalisation
• Impact assessment of trade negotiation mandates and ex post analysis
• Pursue market access and close monitoring of partner trade policies
• International regulatory co-operation
• Closer relationship with neighbourhood
• Strategy on access to raw materials
Targeted Approach to Sectors
• Space policy
• Clean and energy-efficient vehicles
• Health and Pharmaceuticals
• Sustainable construction
• Bio-based markets
• Chemicals and construction innovation
• Cultural and creative industries
Governance - 1
• Annual report on EU and MS industrial competitiveness and performance
• Quantitative approach: Most relevant, available and timely indicators
covering all dimensions of competitiveness 27 country profiles compare national
performances with EU averages (measured in standard deviations).
• Qualitative approach: 27 country chapters with a detailed analysis
based on quantitative and qualitative information.
Governance - 2
• Horizontal chapter with key findings for all competitiveness dimensions
• Peer reviews and good practice on: Competitiveness-proofing/ smart regulation Small businesses through SBA Access to finance Market surveillance and IPR enforcement Key enabling technologies Environmental technologies
The processes - 1• Europe 2020:
contribute to the Annual Growth Survey for the next Spring European Council (December 2010 - January 2011)
Member States present their structural policies in the framework of their National Reform Programmes in April 2011
contribute to the integrated economic surveillance (April –June 2011)
The processes - 2• Industrial Competitiveness (article 173
TFEU) Draw and adopt implementation plans for the
exchange of best practice and peer reviews – start implementation
Fact finding missions in Member States Assessment of National Reform Programmes 2011 Report to Council on Member States
competitiveness and on progress made under the Industrial policy flagship (November 2011)
Council issues «guidelines» on industrial policy