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In The Maelstrom Of Crises: The European Union And The ‘Zeitenwende’

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  • Hubert Gabrisch

Abstract

This essay aims to promote discussion on fundamental reforms of the European Union (EU). Its thesis is that the global turning point triggered by multiple crises affects the entirety of the EU architecture and that reforms can therefore not be limited to piecemeal reforms in individual areas. Methodologically, the essay takes an ideology-critical approach with what is commonly referred to as “neoliberalism” at its centre. As a result, the essay draws a Union that gains its own sovereignty through democratic reforms in decisionmaking.

Suggested Citation

  • Hubert Gabrisch, 2023. "In The Maelstrom Of Crises: The European Union And The ‘Zeitenwende’," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 68(236), pages 7-27, January –.
    • Handle: RePEc:beo:journl:v:68:y:2023:i:236:p:7-27
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    References listed on IDEAS

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    4. John Bone & John Hey & John Suckling, 2004. "A Simple Risk-Sharing Experiment," Journal of Risk and Uncertainty, Springer, vol. 28(1), pages 23-38, January.
    5. Kurt Rothschild, 2009. "Neoliberalism, EU and the Evaluation of Policies," Review of Political Economy, Taylor & Francis Journals, vol. 21(2), pages 213-225.
    6. Hubert Gabrisch, 2020. "Elements, origins and future of Great Transformations: Eastern Europe and global capitalism," The Economic and Labour Relations Review, , vol. 31(2), pages 172-190, June.
    7. Moreno Ibáñez, Antonio & Ongena, Steven & Ventula Veghazy, Alexia & Wagner, Alexander F., 2022. "“Long GFC†? The Global Financial Crisis, Health Care, and COVID-19 Deaths," CEPR Discussion Papers 15900, C.E.P.R. Discussion Papers.
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    Keywords

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    JEL classification:

    • B13 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Neoclassical through 1925 (Austrian, Marshallian, Walrasian, Wicksellian)
    • E14 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Austrian; Evolutionary; Institutional
    • F55 - International Economics - - International Relations, National Security, and International Political Economy - - - International Institutional Arrangements
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe
    • P00 - Political Economy and Comparative Economic Systems - - General - - - General

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