ABSTRACT

In Chapter 1 we pointed out that while the EEC and the ECSC have much in common, they nevertheless exhibit significant contrasts. While it is true that the Paris Treaty envisages a system of economic integration based on competitive trade, that Treaty is significantly more dirigiste than its 1957 successor. It is this dirigiste character which we emphasize in this chapter. By virtue of the powers of intervention industrial policy is much more firmly rooted in ECSC than in EEC economic policy.