IDEAS home Printed from https://ideas.repec.org/a/ces/ifosdt/v73y2020i09p78-88.html
   My bibliography  Save this article

For Stability and Growth in Germany and Europe – Dare a More Market-Friendly Regulatory Policy!

Author

Listed:
  • Ludger Schuknecht

Abstract

Germany has so far coped quite well with the Covid-19 crisis. Many are now calling for more government action, more government spending, and more intervention. Ludger Schuknecht, on the other hand, argues for a market-friendly regulatory policy with better regulation and a more efficient tax system to strengthen the framework for investment. Internationally, he claims, it is not protection and the renationalization of production that is called for, but open markets and market mechanisms in climate protection.

Suggested Citation

  • Ludger Schuknecht, 2020. "For Stability and Growth in Germany and Europe – Dare a More Market-Friendly Regulatory Policy!," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 73(09), pages 78-88, September.
    • Handle: RePEc:ces:ifosdt:v:73:y:2020:i:09:p:78-88
    as

    Download full text from publisher

    File URL: https://www.ifo.de/DocDL/sd-2020-09-schuknecht-stabilitaet-wachstum-europa.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Schuknecht,Ludger, 2020. "Public Spending and the Role of the State," Cambridge Books, Cambridge University Press, number 9781108791700, January.
    2. Andreas Schleicher & Ludger Schuknecht, 2019. "Bildung, Ausbildung, Fortbildung: Herausforderungen aus internationaler Perspektive," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 72(15), pages 20-35, August.
    3. António Afonso & Ludger Schuknecht & Vito Tanzi, 2005. "Public sector efficiency: An international comparison," Public Choice, Springer, vol. 123(3), pages 321-347, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Ant—nio Afonso & Ludger Schuknecht & Vito Tanzi, 2023. "The size of government," Chapters, in: António Afonso & João Tovar Jalles & Ana Venâncio (ed.), Handbook on Public Sector Efficiency, chapter 1, pages 6-31, Edward Elgar Publishing.
    2. Ludger Schuknecht, 2022. "Public Spending and Government Performance in Europe and Asia: Tigers Today and in the Future," Working Papers REM 2022/0233, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    3. António Afonso & João Tovar Jalles & Ana Venâncio, 2021. "Taxation and Public Spending Efficiency: An International Comparison," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 63(3), pages 356-383, September.
    4. World Bank, 2015. "Central America Social Expenditures and Institutional Review," World Bank Publications - Reports 22672, The World Bank Group.
    5. António Afonso & José Alves, 2023. "Are fiscal consolidation episodes helpful for public sector efficiency?," Applied Economics, Taylor & Francis Journals, vol. 55(31), pages 3547-3560, July.
    6. Kelbesa Megersa & Danny Cassimon, 2015. "Public Debt, Economic Growth, and Public Sector Management in Developing Countries: Is There a Link?," Public Administration & Development, Blackwell Publishing, vol. 35(5), pages 329-346, December.
    7. Ionela Munteanu & Adriana Grigorescu & Elena Condrea & Elena Pelinescu, 2020. "Convergent Insights for Sustainable Development and Ethical Cohesion: An Empirical Study on Corporate Governance in Romanian Public Entities," Sustainability, MDPI, vol. 12(7), pages 1-17, April.
    8. Antonio Afonso & Hüseyin Sen & Ayse Kaya, 2021. "Government Size, Unemployment and Inflation Nexus in Eight Large Emerging Market Economies," Hacienda Pública Española / Review of Public Economics, IEF, vol. 235(1), pages 133-170, March.
    9. Amir B. Ferreira Neto & Joshua C. Hall, 2019. "Economies of scale and governance of library systems: evidence from West Virginia," Economics of Governance, Springer, vol. 20(3), pages 237-253, September.
    10. Brijesh C. Purohit, 2015. "Efficiency in Education Sector: A Case of Rajasthan State (India)," Working Papers 2015-121, Madras School of Economics,Chennai,India.
    11. Blesse, Sebastian & Diegmann, André, 2022. "The place-based effects of police stations on crime: Evidence from station closures," Journal of Public Economics, Elsevier, vol. 207(C).
    12. Ascari, Guido & Rankin, Neil, 2007. "Perpetual youth and endogenous labor supply: A problem and a possible solution," Journal of Macroeconomics, Elsevier, vol. 29(4), pages 708-723, December.
    13. Christl, Michael & Köppl-Turyna, Monika & Kucsera, Dénes, 2018. "Public sector efficiency in Europe: Long-run trends, recent developments and determinants," Working Papers 14, Agenda Austria.
    14. Long Qian & Yunjie Zhou & Ying Sun, 2023. "Regional Differences, Distribution Dynamics, and Convergence of the Green Total Factor Productivity of China’s Cities under the Dual Carbon Targets," Sustainability, MDPI, vol. 15(17), pages 1-26, August.
    15. Gaspar, Ví­tor & Afonso, António, 2006. "Excess burden and the cost of inefficiency in public services provision," Working Paper Series 601, European Central Bank.
    16. Philippe K. Widmer & Peter Zweifel, 2008. "Public Good Provision in a Federalist Country: Tiebout Competition, Fiscal Equalization, and Incentives for Efficiency in Switzerland," SOI - Working Papers 0804, Socioeconomic Institute - University of Zurich, revised Dec 2010.
    17. Alimi, R. Santos, 2018. "Growth effect of government expenditures in West African countries: A nonlinear framework," MPRA Paper 99108, University Library of Munich, Germany, revised Mar 2019.
    18. Utpal Kumar De & Christopher P. P. Shafuda, 2023. "Performance and Efficiency of Public Sector in Independent Namibia," South Asian Journal of Macroeconomics and Public Finance, , vol. 12(2), pages 160-185, December.
    19. Hyeri Choi & Min Jae Park, 2019. "Evaluating the Efficiency of Governmental Excellence for Social Progress: Focusing on Low- and Lower-Middle-Income Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(1), pages 111-130, January.
    20. Maria Ciubotaru & Vasile Hincu, 2016. "Implementing Performance-Based Budgeting in Republic of Moldova," Risk in Contemporary Economy, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, pages 267-272.

    More about this item

    Keywords

    Industrie; Investitionspolitik; Ordnungspolitik; Marktmechanismus; Deutschland; Europa;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ces:ifosdt:v:73:y:2020:i:09:p:78-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klaus Wohlrabe (email available below). General contact details of provider: https://edirc.repec.org/data/ifooode.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.