The field of European economic governance and austerity policies: Exploratory elements (2002–2012)

2021 ◽  
Vol 2 (1) ◽  
pp. 47-82
Author(s):  
Frédéric Lebaron ◽  
Didier Georgakakis
Keyword(s):  
Current Debate ◽  
Paradigm Change ◽  
Economic Governance ◽  
Structural Reforms ◽  
Strong Continuity ◽  
Relational Dynamics ◽  
European Economic ◽  
Policy Choices ◽  
European Institutions ◽  
The Eu

Abstract In this paper, we establish the theoretical topography of a sample of these actors, their dispositions and their resources to grasp the relational dynamics (including the dynamics of inertia and of change) at work in the translation of the economic, social and political inputs into policy choices. This way of doing seems to us a good means to contribute to the current debate on the unexpected resilience of austerity policies and the need for ‘structural reforms’ at the EU level. How to explain, indeed, that whereas many observers thought after the first Obama election that the end of 2000 would mark a ‘lasting paradigm change’ to neo-Keynesianism the advisability of pursuing a new policy was so rapidly shut down? How to sociologically contribute to explain the strong continuity of the former paradigm inside European institutions and simultaneously the rather marginal adjustments it underwent?

Economic Governance of a Populist Government

2021 ◽  
Vol 45 (1) ◽  
pp. 48-63
Author(s):  
Panagiotis Liargovas ◽  
Nikolaos Apostolopoulos
Keyword(s):  
Growth Rate ◽  
The Political ◽  
Economic Governance ◽  
Structural Reforms ◽  
The Third ◽  
Political Choices ◽  
Of Greece ◽  
The Eu

Abstract The focus of this article is on the main aspects of economic governance in Greece during the period 2015–19 where the syriza-anel coalition party was in power. In August 2015, the syriza-anel government faced the dilemma either to accept a new agreement with the EU partners (as eventually happened) or go bankrupt and leave the Eurozone, becoming detached from EU solidarity mechanisms. A third program was agreed, offering Greece an additional €86 billion loan over a three-year period. The third programme was unnecessary considering that the syriza-anel governance inherited 0.8% growth rate and some progress in the structural reforms demanded during the first two agreements in 2010 and 2011. However, the political choices made had the consequence of Greece returning to recession in 2015 and 2016.

scholarly journals SUSTAINABILITY AND DIGITALIZATION: DOUBLE STRATEGY GUIDELINES IN NATIONAL DEVELOPMENT

2020 ◽  
pp. 42-56
Author(s):  
Eugene Eteris
Keyword(s):  
National Development ◽  
Economic Governance ◽  
Baltic States ◽  
Progressive Development ◽  
Baltic Countries ◽  
European Institutions ◽  
Smart Specialisation ◽  
To Come ◽  
The Baltic ◽  
The Eu

The article’s aim is to show the development of global and European actions in sustainability and digitalisation, which provide a background in the Baltic States’ efforts to streamline their economic governance according to modern challenges. The research focuses on revealing the essence of the European institutions’ activity in transforming the Baltic States’ economic growth towards more sustainable and digital policies. Therefore, the research methods include mainly, though not exclusively, the European Commission’s recommendations and actions concerning sustainability and digital agenda/economy in the Baltic States, for example, through analysis of these states’ “smart specialisation strategies” and their efficiency. Several Baltic States have already adopted sustainability and digital agenda plans and strategies. These aspects of modern growth are going to define the EU states and the Baltic countries progressive development in the years to come. Finally, the paper formulates some conclusions and recommendations, both theoretical and practical, in the Baltic States’ adaptations to new sustainability and digital paradigm in the countries’ perspective growth.

scholarly journals Two Effects of the European Financial Crisis

2014 ◽  
Vol 5 (2) ◽  
pp. 46-60 ◽  
Author(s):  
Edgar J. Saucedo Acosta ◽  
Samantha Rullán Rosanis
Keyword(s):  
Financial Crisis ◽  
Risk Premium ◽  
Economic Governance ◽  
Eu Member States ◽  
Political Costs ◽  
European Institutions ◽  
Political Effects ◽  
High Level ◽  
The Impact ◽  
The Eu

AbstractBackground: The European financial crisis has affected most of the EU member states, and European institutions have had to create new financial instruments to counter the impact. Most effects in the economic and political spheres can be attributed to high unemployment and changes in governments in peripheral countries (Greece, Ireland, Portugal, Spain and Romania). Objectives: The aim of this paper is to demonstrate the economic and political effects of the European financial crisis in some peripheral countries that have implemented austerity policies. Methods/Approach: The methodology used is mixed: an analysis of the primary economic variables of the selected countries in comparison to those of countries with low-risk premium was performed, and the relation between the bailouts and elections was presented. Results: The exacerbation of the crisis in the Eurozone is mainly due to the high political costs of austerity measures and not the high level of public spending and/or the alternations in the governments of peripheral countries. Conclusions: The European financial crisis is primarily a result of weak economic governance, and its effects are differentiated. The peripheral countries possess the highest rates of unemployment, and there is a higher tendency towards political instability in rescued countries.

On the Future of the Financial Redistribution across Member States in the EU

2006 ◽  
Vol 56 (1) ◽  
pp. 1-43
Author(s):  
Sándor Richter
Keyword(s):  
Value Added ◽  
The Other ◽  
Current Debate ◽  
Member States ◽  
New Member States ◽  
Financial Position ◽  
Cross Member ◽  
Expenditure Structure ◽  
The Eu ◽  
Made In

The order and modalities of cross-member state redistribution as well as the net financial position of the member states are one of the most widely discussed aspects of European integration. The paper addresses selected issues in the current debate on the EU budget for the period 2007 to 2013 and introduces four scenarios. The first is identical to the European Commission's proposal; the second is based on reducing the budget to 1% of the EU's GNI, as proposed by the six net-payer countries, while maintaining the expenditure structure of the Commission's proposal. The next two scenarios represent radical reforms: one of them also features a '1% EU GNI'; however, the expenditures for providing 'EU-wide value-added' are left unchanged and it is envisaged that the requisite cuts will be made in the expenditures earmarked for cohesion. The other reform scenario is different from the former one in that the cohesion-related expenditures are left unchanged and the expenditures for providing 'EU-wide value-added' are reduced. After the comparison of the various scenarios, the allocation of transfers to the new member states in terms of the conditions prevailing in the different scenarios is analysed.

Programming the Common Market: The Making and Failure of a ‘Dirigiste’ Europe, 1957–1967

2021 ◽  
pp. 1-15
Author(s):  
Hugo Canihac
Keyword(s):  
European Integration ◽  
European Economic Community ◽  
Early Years ◽  
Practical Reasons ◽  
Economic Governance ◽  
Economic Community ◽  
European Economic ◽  
History Of ◽  
The Common

This article contributes to the debate about the history of the political economy of the European Economic Community (EEC). It retraces the efforts during the early years of the EEC to implement a form of ‘European economic programming’, that is, a more ‘dirigiste’ type of economic governance than is usually associated with European integration. Based on a variety of archives, it offers a new account of the making and failure of this project. It argues that, at the time, the idea of economic programming found many supporters, but its implementation largely failed for political as well as practical reasons. In so doing, it also brings to light the role of economists during the early years of European integration.

European Union Law

2021 ◽  
Author(s):  
Margot Horspool ◽  
Matthew Humphreys ◽  
Michael Wells-Greco
Keyword(s):  
European Union ◽  
Environmental Law ◽  
Research Topics ◽  
European Union Law ◽  
European Institutions ◽  
The Subject ◽  
Free Movement Of Goods ◽  
The Uk ◽  
Substantive Law ◽  
The Eu

Titles in the Core Text series take the reader straight to the heart of the subject, providing focused, concise and reliable guides for students at all levels. The eleventh edition of European Union Law provides a systematic overview of the European institutions and offers thorough, wide-ranging coverage of the key substantive law topics, including separate chapters on competition, discrimination, environmental law and services. It also features a new chapter on the EU and its relationship with third countries, including the UK. Incisive analysis of the governing themes and principles of EU law is consistently delivered, while chapter summaries, critical questions, further reading suggestions and the new ‘Brexit checklist’ feature help to guide the reader through the subject and support further research. Topics covered also include supremacy and direct effect, the European Courts, general principles, free movement of goods and persons and citizenship.

EU-Sanktionspolitik in geopolitischen Zeiten: Europas schärfstes Außeninstrument und seine Herausforderungen

IG ◽  
2020 ◽  
Vol 43 (4) ◽  
pp. 278-294
Author(s):  
Niklas Helwig ◽  
Juha Jokela ◽  
Clara Portela
Keyword(s):  
Decision Making ◽  
European Union ◽  
Current Debate ◽  
Global Competition ◽  
The European Union ◽  
The United Kingdom ◽  
Policy Tool ◽  
Restrictive Measures ◽  
Fine Tune ◽  
The Eu

Sanctions are one of the toughest and most coercive tools available to the European Union (EU). They are increasingly used in order to respond to breaches of international norms and adverse security developments in the neighbourhood and beyond. However, the EU sanctions policy is facing a number of challenges related to the efficiency of decision-making, shortcomings in the coherent implementation of restrictive measures, as well as the adjustments to the post-Brexit relationship with the United Kingdom. This article analyses these key challenges for EU sanctions policy. Against the backdrop of an intensifying global competition, it points out the need to weatherproof this policy tool. The current debate on the future of the EU provides an opportunity to clarify the strategic rationale of EU sanctions and to fine-tune the sanctions machinery.

The institutional development of skills formation in Lithuania and Ukraine: Institutional settings, critical junctures and policy transfer

2021 ◽  
pp. 174549992110574
Author(s):  
Vidmantas Tūtlys ◽  
Daiva Bukantaitė ◽  
Sergii Melnyk ◽  
Aivaras Anužis
Keyword(s):  
Theoretical Approach ◽  
Driving Forces ◽  
Institutional Development ◽  
Policy Transfer ◽  
Historical Institutionalism ◽  
Policy Choices ◽  
Institutional Settings ◽  
Critical Junctures ◽  
The Eu

The paper compares the institutional development of skills formation in Lithuania and Ukraine by focusing on the implications of the post-communist transition and Europeanization and exploring the role of policy transfer. The research follows the theoretical approach of historical institutionalism and skills formation ecosystems. Despite similar critical junctures typical for the institutional development of skills formation in Lithuania and Ukraine within this timeframe, the existing differences of these development pathways can be explained by the different policy choices and different impacts of the institutional legacy. The main implication of integration with the EU for skills formation in Lithuania and Ukraine is related with enabling holistic and strategic institutional development of skills formation institutions. The paper concludes that policy transfer was one of the key driving forces and capacity-building sources in the development of skills formation institutions in both countries.

Fighting disinformation. The impact of the Covid-19 on youth trust in European Institutions

2021 ◽  
pp. 71-89
Author(s):  
Lucia D’Ambrosi ◽  
Isabel Iniesta ◽  
Mariaeugenia Parito ◽  
Ricardo Pérez-Calle
Keyword(s):  
Multivariate Analysis ◽  
Young People ◽  
Quantitative Study ◽  
Sense Of Belonging ◽  
Analysis Method ◽  
Eu Integration ◽  
European Institutions ◽  
Communicative Actions ◽  
The Impact ◽  
The Eu

The pandemic crisis and the linked infodemic are extraordinary cases to test the EU capability to manage the disinformation disorder, especially towards young people. This paper aims to analyse the impact of the EU communicative actions regarding disinformation about Covid-19, on trust and sense of belonging in young Italian and Spanish university students. The research presents an exploratory and quantitative study that uses a second-generation multivariate analysis method. The results show that trust can be very well the resource on which EU communicative actions may positively impact. Nevertheless, our study reveals that the EU in-stitutions measures have not increased sense of belonging in EU integration.

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