Europeanization and the Mechanics of Economic Policy Adjustment
To explain divergence in member-state policy adjustment in response to the economic pressures of globalization and Europeanization (distinguished from European integration as the impact of EU level decisions on national level policies and institutions), this paper identifies five mediating factors: economic vulnerability, political institutional capacity, policy legacies, policy preferences, and discourse. In addition to these factors, it outlines four institutional adjustment pressures, including when an EU model is required, recommended, suggested, or not, to help explain the differential outcomes to Europeanization, whether policy inertia, absorption, or transformation. To illustrate, it focuses on the policy responses of three countries, France, Britain, and Germany, in such sectors as monetary policy, financial services, telecommunications, electricity, transport, the environment, and employment.
Volume (Year): 5 (2001)
Issue (Month): (06)
|Contact details of provider:|| Web page: http://www2.wu-wien.ac.at/ecsa/Email: |
More information through EDIRC
|Order Information:||Web: http://eiop.or.at/eiop/|
When requesting a correction, please mention this item's handle: RePEc:erp:eiopxx:p0066. 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: (Editorial Assistant)
If references are entirely missing, you can add them using this form.