EU LESSONS AFTER THE CRISIS AND ... BEFORE THE RECESSION

The changes that have occurred in the last decade - on one hand, the new major crisis and its consequences, and on the other hand, the exponential growth and development and the applications of new technologies and the changes that that has wrought, have changed the world as a whole and specific parts of it and individual countries. The basic theme of this work is to examine how those changes have been reflected in the conduct of economic policies globally and fragmentarily (US and EU). The outbreak of the crisis, and then the surprising renewal of protectionism confronted the EU, and then each individual country itself, with the need to find adequate responses to these challenges. It is interesting to observe how the economic ideas and behavioral models from previous times have appeared in this new era and under new circumstances neoliberalism, protectionism, industrial strategy and policy, the role of the state - and how they have become the reality in the present day. It is necessary to take a position in regard to the recent past - which is to say, more recent (economic) history - and at the same time to confront pronouncements of a coming recession. The basic theme of this paper is to discuss what we should do so that its economic effects cause the lowest level of social problems and tensions, the forms of which are industrial (development) strategy and policy, especially at the EU level.