Market functionality, Institutional reforms, Institutional organizations, Social market economy, Political convergence, Economic governance, Economic Security Council, Eco-social development, European eco-social territory
Abstract
This presentation will examine market functionality in relation to the reform of
institutions and key national and international institutional organizations. With
reference to the causes of the current, now global, financial and credit crisis, I
shall attempt to explore the need for reform of the role of the state and of some
international institutional organizations, making the economic system less vulnerable
to crises, more able to function for the benefit of a regulated ‘social market
economy’, on both the European Union and global levels.
