scholarly journals Enduring the great recession: Economic integration in the European Union

2021 ◽  
Author(s):  
Lauren Peritz ◽  
Ryan Weldzius ◽  
Ronald Rogowski ◽  
Thomas Flaherty
Keyword(s):  
European Union ◽  
Economic Integration ◽  
Great Recession ◽  
The European Union ◽  
The Great Recession

scholarly journals The European Union Green Deal: Clean Energy Wellbeing Opportunities and the Risk of the Jevons Paradox

Energies ◽  
2021 ◽  
Vol 14 (14) ◽  
pp. 4148
Author(s):  
Estrella Trincado ◽  
Antonio Sánchez-Bayón ◽  
José María Vindel
Keyword(s):  
Climate Change ◽  
European Union ◽  
Great Recession ◽  
International Institutions ◽  
Smart Cities ◽  
Clean Energy ◽  
The European Union ◽  
The Great Recession ◽  
Financial Framework ◽  
The Common

After the Great Recession of 2008, there was a strong commitment from several international institutions and forums to improve wellbeing economics, with a switch towards satisfaction and sustainability in people–planet–profit relations. The initiative of the European Union is the Green Deal, which is similar to the UN SGD agenda for Horizon 2030. It is the common political economy plan for the Multiannual Financial Framework, 2021–2027. This project intends, at the same time, to stop climate change and to promote the people’s wellness within healthy organizations and smart cities with access to cheap and clean energy. However, there is a risk for the success of this aim: the Jevons paradox. In this paper, we make a thorough revision of the literature on the Jevons Paradox, which implies that energy efficiency leads to higher levels of consumption of energy and to a bigger hazard of climate change and environmental degradation.

scholarly journals The populist politics of Euroscepticism in times of crisis: A framework for analysis

Politics ◽  
2018 ◽  
Vol 38 (3) ◽  
pp. 253-262 ◽  
Author(s):  
Andrea LP Pirro ◽  
Paul Taggart
Keyword(s):  
European Union ◽  
Great Recession ◽  
Political Process ◽  
The Political ◽  
The European Union ◽  
The Great Recession ◽  
Introductory Article ◽  
Multiple Shocks ◽  
Analytical Tools

The European Union has been recently exposed to the multiple shocks of the Great Recession, the migrant crisis, and Brexit. Populist parties have been, either directly or indirectly, considered the principal beneficiaries of these crises in light of their Eurosceptic profiles. In this introductory article, we lay out the conceptual and analytical tools necessary to identify populist Eurosceptic actors, and systematically tackle the under-explored link between populist Eurosceptic framing and the unfolding of the different European crises. While we provide a framework to assess (alleged) changes in the framing of these parties, we also contend that these parties may have released effects in the political process by conditioning shifts in the positions on Europe of their mainstream competitors. In doing so, we define a set of possible interactive scenarios.

scholarly journals Bank rescues and fiscal policy in the European Union during the great recession

2016 ◽  
Vol 63 (2) ◽  
pp. 211-230 ◽  
Author(s):  
Jesús Ferreiro ◽  
Catalina Gálvez ◽  
Carmen Gómez ◽  
Ana González
Keyword(s):  
European Union ◽  
Great Recession ◽  
Public Support ◽  
The European Union ◽  
Budgetary Impact ◽  
The Public ◽  
The Great Recession ◽  
Considerable Impact ◽  
Fiscal Impulse ◽  
The Impact

The outbreak of the economic and financial crisis in 2008, the socalled Great Recession, has made that many European Union countries have made massive interventions in their banking and financial systems. These interventions have had a considerable impact in the public finances of these countries. The aim of the paper is to analyze the impact on the national public budgets of the measures of public support to problem financial institutions carried out between the years 2008 and 2013, and to study how this budgetary impact has affected to the fiscal imbalances and to the strategies of fiscal impulse and consolidation implemented along these years.

scholarly journals Could the Recession have Been Shortened in Romania after the 2009 Crisis? A Short Answer Given by Fiscal Multipliers during Recessions

2015 ◽  
Vol 7 (11) ◽  
pp. 170
Author(s):  
Radu Soviani
Keyword(s):  
European Union ◽  
Great Recession ◽  
The European Union ◽  
Simple Method ◽  
Fiscal Multipliers ◽  
The Great Recession ◽  
Fiscal Adjustment ◽  
Fiscal Adjustments ◽  
One Year

<p>The experience of the large fiscal adjustments shows their efficiency depends mainly on how much is to be adjusted, the factors that contributed to the fiscal disequilibrium and their structure (discretionary or imposed by the economic environment), the size and the quality of the adjustment measures and the pace of reaction of the fiscal authorities. In this paper we analyze the size of the fiscal adjustment of the Romanian economy during the recession of 2009-2012 relatively to previous large fiscal adjustments in the European Union before the Great Recession. We determine if the measures that were taken in Romania were properly sized by using a simple method for determining the fiscal multipliers for the Romanian economy, based on recent findings of the international literature. Our findings show that the fiscal adjustment made in Romania between 2009-2012 was the fastest in the European Union with the highest yearly pace (we use as reference the adjustments prior to the Great Recession) and that the Romanian recession could have been shortened by at least one year. Our findings provide an argument that the austerity measures might cure an economy but if their size is improper, it might lower their long term potential.</p>

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