Christa Randzio-Plath Consideration should also be given to the problem of transparency and broader participation in the decision-making process for economic coordination and employment policy(policy mix) at national and European level. It is necessary that through more systematic involvement of national parliaments and social partners the parliaments and civil society fully participate in the further development of the integrated guidelines package and national progress reports. CONCLUSIONS This paper leads to the following main conclusions: (i) The Lisbon Process should aim to reach its ambitious objectives in the economic, social and sustainability dimensions through a strategy of inno­vation and by investing in a knowledge society. (ii) All attempts to narrow the Lisbon Agenda to the sole pillar of competiti­veness and to forget about the social and environmental dimension should be rejected. European integration is based on the social market economy, competition and solidarity, economic and social cohesion. European integration is not about competition between member states. The Lisbon Strategy is not a pure market strategy. (iii) The Lisbon Strategy needs further progress in the European internal mar­ket. Better regulation is needed with social minimum standards. The latest example is the Directive on Services. A single market cannot be realised without strict conditions. (iv) A growth-friendly investment-led and employment intensive macroecono­mic policy regime is needed. Efforts have to be organised. To repeat an old idea from the 1990s: 1% of GDP EU-wide should be spent on a European growth and employment pact in addition to national initiatives in order to bring the European economy to the fore. The poor outcomes have nothing to do with structural weakness and rigidities which existed in Europe when growth was good and reaching between 2.5% and 3%(1995-2000). The investment plan should not only focus on infrastructure in general but also on investment in social infrastructure from lifelong learning to childcare and care for the elderly, a special plan on gender. (v) Increasing ownership of the Lisbon Agenda does not only address the European institutions and the governments of the member states. The 52