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...facing from globalisation, ageing population, and the emergence of a worldwide information society. They resolved that economic and social reforms had to take place in the context of "a positive strategy which combines competitiveness and social cohesion", and reaffirmed that the European social model, with its developed systems of social protection, must underpin the strategy.
At Lisbon the European Union "set itself a new strategic goal for the next decade: to become the most competitive and dynamic knowledge-based economy in the world, capable of sustainable economic growth with more and better jobs and greater social cohesion."
This was to be achieved through a range of policies including a sound macro economic policy mix that is conducive to high growth, completing the Internal Market, investing in people and combating social exclusion. EU leaders pledged to aim for full employment in Europe, in a society accommodating the personal choices of women and men. The Lisbon Strategy sets specific targets on economic growth, employment and social cohesion that reflect the aim of the Strategy.
The Council also adopted the open method of coordination between Member States, at different levels of decision-making, as a means to achieve these ends.
Ambitious Objectives
The Lisbon Strategy is about reaching ambitious objectives in the economic, social and sustainability field through a strategy of innovation and by investing in a knowledge society. Lisbon is not about wage cuts or competition on the...
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More articles from EFTA Bulletin (Switzerland)
The Lisbon Strategy in brief., March 01, 2006
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Letters from the EEA EFTA States to the EU.(ANNEX)(European Free Trade..., March 01, 2006
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