Checking date: 04/06/2024

Course: 2024/2025

Industrial Policy, State Aid Control and Economic Sovereignty
Master in European Economic Governance (Plan: 474 - Estudio: 377)

Coordinating teacher: SIOTIS , GEORGIOS

Department assigned to the subject: Economics Department

Type: Compulsory
ECTS Credits: 3.0 ECTS


Skills and learning outcomes
Description of contents: programme
Common themes across courses: The common themes is the economic analysis of European economic governance and the articulation and coherence of the economic policies analyzed in each of the proposed subjects. The existence of a single market together with a common monetary policy in the absence of a political union presents unique challenges to the European economic construction. The diversity and nature of the actors involved (ECB, national fiscal policies, European budget, independent authorities that ensure the functioning of the single market, etc.) creates potential tensions and requires specific mechanisms for their resolution. Specific topics of each subject: Industrial Policy, State and Control and Economic Sovereignty: the emergence of strategic competition across economic blocks (US, China) or Brexit raise new challenges pertaining to the definition and articulation of an industrial policy in the Eurozone. State aid rules, that apply across the EEA will play a central role in the defense of Europe¿s economic sovereignty The EU is quite unique in having supranational control of allowable state aid. Even in federal structures such as the US, federal and state governments are free to dispense state aid as they wish. The case of Chinas and other BRICs is even more salient. Balance between state aid control to maintain a level playing field in the EU vs. impeding state support to match state support for non-Member States. The elusive search of an EU industrial policy. Definition of strategic industries, wisdom of limits on FDI. Economic sovereignty as the ability to defend the social market economy model.
Learning activities and methodology
Clase teórica / Theoretical lessons Clases prácticas / Practical lessons Tutorías / Office hours Trabajo individual del estudiante / Individual student work Exámenes parciales y finales / Continuous and final assesments
Assessment System
  • % end-of-term-examination 60
  • % of continuous assessment (assigments, laboratory, practicals...) 40

The course syllabus may change due academic events or other reasons.