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Regional Development Strategies And Policies Is Federalism Better From Economic Point Of View?

Author

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  • Alina Georgeta, Ailinca

    (Scientific researcher 3rd degree, "Victor Slavescu" Centre for Financial and Monetary Research, Bucharest, The House of Romanian Academy, Calea 13 Septembrie no. 13, Romania)

Abstract

Everything we knew to be well-defined economically, politically and socially before COVID-19 seems like a thing of the past. The pandemic has swept all countries of the world, and Europe and especially the European Union makes no difference. Thus, this article aims to investigate empirically, through quarterly data, before and during the pandemic, whether federalism offers a better economic and social response compared to the unitary state regime, analyzing in tandem the realities of three federal states (Germany, Belgium and Austria) with developments of three states with other political regimes of the EU28.

Suggested Citation

  • Alina Georgeta, Ailinca, 2020. "Regional Development Strategies And Policies Is Federalism Better From Economic Point Of View?," Management Strategies Journal, Constantin Brancoveanu University, vol. 50(4), pages 5-15.
  • Handle: RePEc:brc:journl:v:50:y:2020:i:4:p:5-15
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    More about this item

    Keywords

    federalism; stabilization; crisis; EU28;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

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