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The Influence of Ordoliberalism in European Integration Processes - A Framework for Ideational Influence with Competition Policy and the Economic and Monetary Policy as Examples

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  • Nedergaard, Peter

Abstract

How can one study the ideational influence of ordoliberalism on European integration processes? This is the overarching question answered in this paper where I propose a refined methodology, taking into account that the influence of ordoliberalism can vary over time and, more importantly, that its influence has to be measured on the backdrop of a detailed specification of the characteristics of ordoliberalism itself compared to the strongest ideational alternatives. I have carefully identified these alternatives as interventionism (competition policy), laissez-faire liberalism (competition policy), and Keynesianism (economic and monetary policy). I show the usability of my framework; however, I also point to the fact that more analyses are needed, especially where traces of ordoliberal influence does not seem likely to find.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 52331.

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Date of creation: Dec 2013
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Handle: RePEc:pra:mprapa:52331

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Keywords: political economy; Europe; ordoliberalism; competition policy; economic policy;

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  1. Charles Wyplosz, 2006. "European Monetary Union: the dark sides of a major success," Economic Policy, CEPR;CES;MSH, CEPR;CES;MSH, vol. 21(46), pages 207-261, 04.
  2. Blyth, Mark, 2013. "Austerity: The History of a Dangerous Idea," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780199828302, October.
  3. Pierre Rosanvallon, 1987. "Histoire des idées keynésiennes en France," Revue Française d'Économie, Programme National Persée, Programme National Persée, vol. 2(4), pages 22-56.
  4. Pinar Akman & Hussein Kassim, 2010. "Myths and Myth-Making in the European Union: The Institutionalization and Interpretation of EU Competition Policy," Journal of Common Market Studies, Wiley Blackwell, Wiley Blackwell, vol. 48, pages 111-132, 01.
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