IDEAS home Printed from
   My bibliography  Save this article

Zur Zukunft der Europäischen Union aus ordnungspolitischer Perspektive


  • Schnabl Gunther
  • Müller Sebastian


Der Artikel untersucht die Auswirkungen der sehr lockeren Geldpolitik der Europäischen Zentralbank auf die Wirtschaftsordnung und den europäischen Integrationsprozess aus ordnungspolitischer Perspektive. Es wird argumentiert, dass lange Zeit die von Deutschland geprägte Wirtschaftsordnung nach Eucken (1952) ein Grundpfeiler für Wachstum, Wohlstand und sozialen Zusammenhalt in Europa war. Es wird gezeigt, dass die Geldpolitik der Europäischen Zentralbank mit Euckens (1952) konstituierenden Prinzipien den wirtschaftlichen Grundpfeiler des europäischen Integrationsprozesses untergraben hat. Da die geldpolitischen Rettungsaktionen negative Verteilungseffekte haben und das Wachstum bremsen, wird mit einer daraus resultierenden wachsenden politischen Polarisierung die Akzeptanz des europäischen Integrationsprozesses geschwächt. Es wird ein zeitnaher Ausstieg aus der sehr lockeren Geldpolitik empfohlen, um die Zukunft der Europäischen Union zu sichern.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Schnabl Gunther & Müller Sebastian, 2018. "Zur Zukunft der Europäischen Union aus ordnungspolitischer Perspektive," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 68(1), pages 3-34, March.
  • Handle: RePEc:bpj:ordojb:v:68:y:2018:i:1:p:3-34:n:4

    Download full text from publisher

    File URL:
    Download Restriction: For access to full text, subscription to the journal or payment for the individual article is required.

    As the access to this document is restricted, you may want to look for a different version below or search for a different version of it.

    Other versions of this item:

    References listed on IDEAS

    1. Schäfer, Andreas & Schneider, Maik T., 2015. "Endogenous Enforcement Of Intellectual Property, North–South Trade, And Growth," Macroeconomic Dynamics, Cambridge University Press, vol. 19(05), pages 1074-1115, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    JEL classification:

    • B25 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Historical; Institutional; Evolutionary; Austrian; Stockholm School
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes


    Access and download statistics


    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:bpj:ordojb:v:68:y:2018:i:1:p:3-34:n:4. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Golla). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.