Suchergebnisse

Europäische Wirtschaftspolitik.

Themen: Parteipräferenz; Beurteilung der persönlichen
finanziellen Situation; Sicherheit des eigenen Arbeitsplatzes;
präferierte wirtschaftspolitische Maßnahmen zur Überwindung
der Rezession in Europa; Präferenz für eine europäische oder
nationale Lösung der Wirtschaftsprobleme; Präferenz für die
Verwendung von Subventionen an Industriezweige oder
infrastrukturelle Projekte; Präferenz für
Arbeitslosenunterstützung oder Wirtschaftsförderung durch
Schaffung neuer Arbeitsplätze; Verbleib oder Rückzug aus der
EG als Reaktion auf die momentane Wirtschaftskrise; Verhalten
bei einer angenommenen Volksabstimmung über die Maastrichter
Verträge; Selbsteinschätzung auf einem Links-Rechts-Kontinuum;
Alter bei der Beendigung der Schul- bzw.
Universitätsausbildung.

Demographie: Geschlecht; Alter; Schulbildung; Alter bei Schulabschluss;
Berufstätigkeit; Haushaltseinkommen; Haushaltsgröße;
Haushaltszusammensetzung; Region.

AbstractForecasting the economic policy uncertainty in Europe is of paramount importance given the ongoing sovereign debt crisis. This paper evaluates monthly economic policy uncertainty index forecasts and examines whether ultra‐high frequency information from asset market volatilities and global economic uncertainty can improve the forecasts relatively to the no‐change forecast. The results show that the global economic policy uncertainty provides the highest predictive gains, followed by the European and US stock market realized volatilities. In addition, the European stock market implied volatility index is shown to be an important predictor of the economic policy uncertainty.

The article deals with the influence of the European Commission in the field of economic policy in the European Union (EU) since the beginning of the 21st century. Starting from reflections on the guiding idea of supranationality the question arises if and how the Commission has increased its influence on the economic policies of the EU Member States. The role of the EU's long-term strategies like the European Green Deal are analysed by applying the approach of Evolutionary Institutionalism. Has the European Commission induced institutional change and improved its own institutional fitness? Which role does the European Green Deal play in European economic policy?

Received 20.09.2020. The theme of the role and place of ordoliberal views in contemporary European economic policy has attracted attention of many researchers. While some scholars raise their concerns about the ongoing ordoliberalization of Europe and criticize the ordoliberal foundations of the European Union, the others call for the restoration of the ordoliberal principles in economic policy and argue about the necessity of ordoliberal reforms. This article is focused on this discussion and aims to assess the various arguments that use the ordoliberal issue to justify their positions. The analysis leads to the conclusion that this discussion very often faces misinterpretations of the main outlook of the ordoliberal theory, what can be explained by the dominant role of Germany in the European political scene, complexity of the relationship between ordoliberalism and the social market economy model, as well as by political, economic and ideological motives. For ordoliberals, the main task for the state was to create and maintain a competitive order that will allow market forces to distribute the wealth according to merits and will result in what can be called achievement of social justice. Meanwhile, it has become apparent that European policymakers have noticeably eschewed the competitive order proposals, and modern arrangements of the European economy might be better characterized in terms of regulatory capitalism and managed competition. Moreover, it can be argued that the raising concentration of economic power makes the appeals for the return to the ordoliberal principles very reasonable. The Freiburg school ideas continue to be a real alternative not only to the neoclassical mainstream, but also to the socialist wishes to control and direct economic and social processes.

THIS ARTICLE ANALYZES THE ROLE PLAYED BY DOMESTIC POLITICAL CONSIDERATIONS IN THE EVOLUTION OF SPANISH EUROPEAN ECONOMIC POLICY BETWEEN 1986 AND 1994. THE ARTICLE FINDS THAT EUROPEAN POLICIES OF THE PARTIDO SOCIALISTA OBRERO ESPANOL (PSOE) GOVERNMENT, PARTICULARLY THOSE RELATED TO ECONOMIC AND MONETARY UNION (EMU), SHIFTED OVER THE EARLY 1990S, COMING TO ACCORD GREATER PRIORITY TO SHORT-TERM NATIONAL INTERESTS.

Although the roots of the European Union lie in economic integration, the EU's economic policy competences and possibilities are narrowly limited in European primary law. Nevertheless, the influence of the EU, and in particular the European Commission, on economic policies of the member states is clearly visible and tangible. The focus of European economic policy is on the coordination of member state policies by the European Commission. It uses strategic planning instruments such as 10-year strategies, guidelines, and reform recommendations, which it bundles within the European Semester. European economic policy-makers are actually faced with the task of limiting the acute socio-economic consequences of the Covid-19 pandemic on the one hand, and finding answers to the structural challenges posed by globalisation, digitisation, and climate change on the other. A common European economic policy is becoming increasingly necessary, and expectations are growing. The European Commission is trying to combine these two tasks - the stimulation of the European economy and the sustainable transformation of national economies - with the new European recovery fund "Next Generation EU". The European Green Deal will become the guiding principle for both economic policy coordination and economic policy at the national level. This reorientation of European economic policy towards sustainable and decarbonised growth will promote the Europeanisation and, in the long term, the unitarisation of national economic policies

Although the roots of the European Union lie in economic integration, the EU's economic policy competences and possibilities are narrowly limited in European primary law. Nevertheless, the influence of the EU, and in particular the European Commission, on economic policies of the member states is clearly visible and tangible. The focus of European economic policy is on the coordination of member state policies by the European Commission. It uses strategic planning in­struments such as 10-year strategies, guidelines, and reform recommen­dations, which it bundles within the European Semester. European economic policy-makers are actually faced with the task of limiting the acute socio-economic consequences of the Covid-19 pandemic on the one hand, and finding answers to the structural challenges posed by globalisation, digitisation, and climate change on the other. A com­mon European economic policy is becoming increasingly necessary, and expectations are growing. The European Commission is trying to combine these two tasks – the stimulation of the European economy and the sustainable transformation of national economies – with the new European recovery fund "Next Generation EU". The European Green Deal will become the guiding prin­ciple for both economic policy coordination and economic policy at the national level. This reorientation of European economic policy towards sustainable and decarbonised growth will promote the Europeanisation and, in the long term, the unitarisation of national economic policies. (Autorenreferat)