Reformatting the European Integration Process: Opportunities and Risks for the Ukraine-EU Association. Conclusions and Proposals
Volodymyr Sidenko, Senior Research Fellow at the Razumkov Centre, prepared policy recommendations regarding Ukraine’s European integration.
The research arrived at the following main conclusions:
- The crisis processes in the development of European integration and the EU, which hit them in the second decade of the 21st century, were born by deeply enrooted internal factors closely linked with the objectively wave-like nature of socio-economic and technological development. They are not unique to the EU experience, as crises accompanied, from time to time, the development of the European integration process. The unambiguous multidimensional nature of the crisis processes and their complex nature should not be misleading: in fact, we are dealing with various aspects (facets) of a general crisis process in the development of European integration.
- The main primary sources of current crisis processes are significant contradictions and asymmetries in the mechanisms of the Euro area and the declared policy of the EMU completion. The mechanisms already implemented in the Euro area do not take into account the existing differences among member states regarding the level of economic development, the maturity of regulatory economic institutions and competitiveness potential. European integration is in urgent need of reshaping, which would breath-in new energy into it.