European Union and the Challenge to Change the World Order: Integration Mechanisms Analysis

Abstract

The article is aimed at presenting selected mechanisms of managing the
economy in the European Union as well as tracing its major tendencies taking
place under the influence of the economic crisis (2008–2010). The author
focuses especially on the issue of the effectiveness of management in the
European Union. Moreover, he presents the results of the proposed changes
for the peripheral countries in the East-Central Europe.