scholarly journals The political economy of agri-environmental measures: An empirical assessment at the eu regional level

2012 ◽  
Vol 6 (3-4) ◽  
pp. 71-82 ◽  
Author(s):  
Danilo Bertoni ◽  
Alessandro Olper
Keyword(s):  
Political Economy ◽  
Political Institutions ◽  
Econometric Model ◽  
Regional Level ◽  
The Political ◽  
Negative Externalities ◽  
Economic Determinants ◽  
Positive Externalities ◽  
Environmental Measures ◽  
The Eu

The paper deals with the political and economic determinants of EU agri-environmental measures (AEMs) applied by 59 regional/country units, during the 2001-2004 period. Five different groups of determinants, spanning from positive and negative externalities, to political institutions, are highlighted and tested using an econometric model. Main results show that AEMs implementation is mostly affected by the strength of the farm lobby, and the demand for positive externalities. At the same time it emerges a prominent role played by political institutions. On the contrary, AEMs do not seem implemented by the willingness to address negative externalities.

An Ever Further Apart Union? National and European Attachments in the European Union

2006 ◽  
Author(s):  
Tracey Raney
Keyword(s):  
European Union ◽  
Identity Formation ◽  
Identity Construction ◽  
Political Institutions ◽  
Active Role ◽  
The Political ◽  
The European Union ◽  
Political Identities ◽  
Political Identification ◽  
The Eu

This paper is about the ways that citizens perceive their place in the political world around them, through their political identities. Using a combination of comparative and quantitative methodologies, the study traces the pattern of citizens’ political identifications in the European Union and Canada between 1981 and 2003 and explains the mechanisms that shape these political identifications. The results of the paper show that in the EU and Canada identity formation is a process that involves the participation of both individuals and political institutions yet between the two, individuals play a greater role in identity construction than do political institutions. The paper argues that the main agents of political identification in the EU and Canada are citizens themselves: individuals choose their own political identifications, rather than acquiring identities that are pre-determined by historical or cultural precedence. The paper makes the case that this phenomenon is characteristic of a rise of ‘civic’ identities in the EU and Canada. In the European Union, this overarching ‘civic’ identity is in its infancy compared to Canada, yet, both reveal a new form of political identification when compared to the historical and enduring forms of cultural identities firmly entrenched in Europe. The rise of civic identities in both the EU and Canada is attributed to the active role that citizens play in their own identity constructions as they base their identifications on rational assessments of how well political institutions function, and whether their memberships in the community will benefit them, rather than on emotional factors rooted in religion or race. In the absence of strongly held emotional identifications, in the EU and Canada political institutions play a passive role in identity construction by making the community appear more entitative to its citizens. These findings offer new theoretical scope to the concept of civic communities and the political identities that underpin them. The most important finding presented in the paper is that although civic communities and identities are manufactured by institutions and political elites (politicians and bureaucrats), they require thinking citizens, not feeling ones, to be sustained.   Full text available at: https://doi.org/10.22215/rera.v2i4.179

ESMA as a Residual Lawmaker: The Political Economy and Constitutionality of ESMA’s Product Intervention Measures on Complex Financial Products

2021 ◽  
Author(s):  
Pablo Iglesias-Rodríguez
Keyword(s):  
Political Economy ◽  
Investor Protection ◽  
The Political ◽  
Regulatory Arbitrage ◽  
Financial Products ◽  
Intervention Measures ◽  
Binary Options ◽  
The One ◽  
National Competent Authorities ◽  
The Eu

AbstractThis article proposes that product intervention constitutes a form of residual lawmaking by ESMA that allows it to tackle aspects of investor protection not addressed by EU incomplete financial laws. Whilst product intervention may bring about certain advantages and may contribute to mitigating regulatory arbitrage problems, it constitutes a highly intrusive regulatory mechanism that raises important questions concerning: (a) ESMA’s rationale and motivations for its use; (b) its compliance with the EU constitutional framework; and (c) its adequacy for the regulation of complex financial products. This article addresses these questions through an analysis of the rationale and consequences of ESMA’s product intervention measures on binary options and contracts for differences of May 2018–July 2019, and of recent reforms of ESMA’s powers. It offers three main contributions to the existing literature. First, it contributes to the literature on administrative discretion and agencies’ rulemaking through an analysis of the political economy of ESMA’s deployment of product intervention powers and, also, of what this reveals about the relationships between ESMA and the EU Institutions, on the one side, and ESMA and National Competent Authorities, on the other. Second, it contributes to the literature on the constitutionality of EU agencies through an examination of the compliance of ESMA’s product intervention measures with EU constitutional law and requirements. Third, it examines whether product intervention constitutes an adequate mechanism to address problems pertaining to investor protection in complex financial products markets and, in doing so, it contributes to the scholarly discussion on complex financial products’ regulation.

scholarly journals The Political Economy of Brexit: Why Making It Easier to Leave the Club Could Improve the EU

2016 ◽  
Vol 51 (4) ◽  
pp. 214-219 ◽  
Author(s):  
Annette Bongardt ◽  
Francisco Torres
Keyword(s):  
Political Economy ◽  
The Political ◽  
The Eu

scholarly journals Fiscal and Other Rules in EU Economic Governance: Helpful, Largely Irrelevant or Unenforceable?

2017 ◽  
Vol 239 ◽  
pp. R3-R13 ◽  
Author(s):  
Iain Begg
Keyword(s):  
Political Economy ◽  
Fiscal Rules ◽  
The Political ◽  
Stability And Growth Pact ◽  
Economic Governance ◽  
Eu Member States ◽  
Growth Pact ◽  
Macroeconomic Imbalances ◽  
Eu Economic Governance ◽  
The Eu

EU Member States, particularly in the Euro Area, have been pushed to adopt more extensive and intrusive fiscal rules, but what is the evidence that the rules are succeeding? The EU level Stability and Growth Pact (SGP) has been – and remains – the most visible rule-book, but it has been complemented by a profusion of national rules and by new provisions on other sources of macroeconomic imbalance. Much of the analysis of rules has concentrated on their technical merits, but tends to neglect the political economy of compliance. This paper examines the latter, looking at compliance with fiscal rules at EU and Member State levels and at the rules-based mechanisms for curbing other macroeconomic imbalances. It concludes that politically driven implementation and enforcement shortcomings have been given too little attention, putting at risk the integrity and effectiveness of the rules.

Agricoltori bio-etici in Calabria. Processi di integrazione tra reti alternative di produzione e di consumo

2009 ◽  
pp. 188-205
Author(s):  
Anna Elia
Keyword(s):  
Political Institutions ◽  
Organic Agriculture ◽  
Farmers Markets ◽  
Strong Connection ◽  
Agriculture Sector ◽  
Local Actors ◽  
Development Plans ◽  
Environmental Measures ◽  
Small Producers ◽  
The Eu

- The organic agriculture sector shows points of contact with the peasant model of farming because of the strong connection existing between production and nature. In Calabria, the incapacity of political institutions to re-modulate the EU environmental measures framework in a negotiated planning with local actors (by the Rural Development Plans) has caused the marginalization or exclusion of many small farmers. Nevertheless they have found by themselves solutions for the valorization of local productions. Drawing on the experience of the "bio-market of Nicastro", promoted by small producers adopting "ethical ways of farming", this paper aims to analyze the networks involving producers and different local actors and their actions in order to develop a negotiated agricultural framework.Key words: bio-ethical farmers; alternative networks; organic agriculture; farmers markets; peasant agriculture; self certification.

scholarly journals The Political Economy of Redistribution Policy

2019 ◽  
pp. 519-541
Author(s):  
Luna Bellani ◽  
Heinrich Ursprung
Keyword(s):  
Political Economy ◽  
Public Choice ◽  
Political Institutions ◽  
The Political ◽  
Economic Relationships ◽  
The Public ◽  
Generic Models ◽  
Redistribution Policy ◽  
Choice Analysis ◽  
Beliefs And Attitudes

The authors review the literature on the public-choice analysis of redistribution policies. They restrict the discussion to redistribution in democracies and focus on policies that are pursued with the sole objective of redistributing initial endowments. Since generic models of redistribution in democracies lack equilibria, one needs to introduce structure-inducing rules to arrive at a models whose behavior realistically portrays observed redistribution patterns. These rules may relate to the economic relationships, political institutions, or to firmly established preferences, beliefs, and attitudes of voters. The chapter surveys the respective lines of argument in turn and then present the related empirical evidence.

Emergency Keynesianism 2.0: The political economy of fiscal policy in Europe during the Corona Crisis

2020 ◽  
pp. 16-26
Author(s):  
Cornel Ban
Keyword(s):  
Political Economy ◽  
Fiscal Policy ◽  
Crisis Management ◽  
The Self ◽  
Fiscal Crisis ◽  
The Political ◽  
Evidence Based ◽  
Spending Cuts ◽  
Deep Recession ◽  
The Eu

Fiscal policy is the sum of decisions on taxation and spending that one takes in an economy, particularly in times of crisis. As such, it is of existential importance in the life of a society. Known for its recent waves of spending cuts and tax increases (austerity) during recessions (Blyth, 2013), 2020 Europe has had a more expansionary fiscal policy than ever before. How do we make sense of this shift? To answer this question, let us draw on select insights from three political economy literatures on fiscal crisis management. The first is the literature on learning. For its proponents, changes in fiscal policy are powered by evidence-based, yet politically mediated cognitive updating in the corridors of power. Plainly put, policymakers are keen students of what changes in their environment. This literature has showed that a great deal of learning took place in the EU since 2010 in particular (Schmidt, 2020; Kahkhaji and Radaelli, 2017; Dunlop and Radaelli, 2019). Its main implication for fiscal policy under corona is that between 2010 and 2015 the EU leaders learned about the limits of austerity and the virtues of more spending and tax cuts in a recession. Consequently, one would expect that when a deep recession arrives again (and it did in the spring of 2020), they would not be tempted to do a rerun of the self-defeating policies of the 2010-2012 period. As Keynes put it, “when the facts change, I change my mind.”

Crisis? What Crisis? EU Enlargement and the Political Economy of European Union Social Policy

2005 ◽  
Vol 4 (2) ◽  
pp. 207-215 ◽  
Author(s):  
Rob Sykes
Keyword(s):  
European Union ◽  
Political Economy ◽  
Social Policy ◽  
Turning Point ◽  
Eu Enlargement ◽  
The Political ◽  
Social Strategies ◽  
The Future ◽  
The Eu

This article considers the character of EU social policy and in particular the linkages between the EU's economic and social strategies. Arguably, the most recent enlargement of the EU represents a turning point for the future of EU social policy, though there is disagreement about its future if not so much about the causes of this crisis. The article concludes that the future political economy of EU social policy and indeed of the EU itself may be subject to fundamental changes.

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