IDEAS home Printed from https://ideas.repec.org/a/liu/liucej/v22y2025i2p191-216.html

Comparative economics in a changing world and the role of Europe

Author

Listed:
  • Enrico Marelli, Marcello Signorelli

Abstract

In this paper, we briefly discuss the variety of topics and methods of Comparative Economics and how it evolved over time, not only based on new interpretations and paradigms, but also due to new historical facts as well as a rapidly changing economic, institutional, and geopolitical context in the world. Great transformations have occurred in the last decades, especially after the fall of the Soviet Union and the supposed “end of history.” However, history never ends, and we are witnessing profound changes not only in individual countries but also in the international economic order, accompanied by attacks on multilateralism and an evident “slowbalization” in international trade, not to mention the innovations and developments – still largely unpredictable – related to Artificial Intelligence and the so-called Fourth Industrial Revolution. We analyze in particular the delicate position of the European Union, in consideration of its long-run decline as an economic power and its recent failures in acting as a protagonist in a turbulent world; yet its actuality and perspectives should be preserved, also by rediscovering and strengthening its initial values.

Suggested Citation

  • Enrico Marelli, Marcello Signorelli, 2025. "Comparative economics in a changing world and the role of Europe," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 22(2), pages 191-216, December.
    • Handle: RePEc:liu:liucej:v:22:y:2025:i:2:p:191-216
    as

    Download full text from publisher

    File URL: https://ejce.liuc.it/articles/ejce040.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Paul de Grauwe, 2013. "Design Failures in the Eurozone: Can they be fixed?," Europe in Question Discussion Paper Series of the London School of Economics (LEQs) 7, London School of Economics / European Institute.
    2. Giovanni S. F. Bruno & Misbah Choudhry Tanveer & Enrico Marelli & Marcello Signorelli, 2017. "The short- and long-run impacts of financial crises on youth unemployment in OECD countries," Applied Economics, Taylor & Francis Journals, vol. 49(34), pages 3372-3394, July.
    3. Misbah Tanveer Choudhry & Enrico Marelli & Marcello Signorelli, 2012. "Youth unemployment rate and impact of financial crises," International Journal of Manpower, Emerald Group Publishing Limited, vol. 33(1), pages 76-95, March.
    4. Wladimir Andreff, 2021. "Comparative Economic Studies in Europe," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-03232011, HAL.
    5. Scott Auriat, 2025. "Collapse and convergence: the economic impact of EU membership and institutional improvements in post-Soviet countries," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 22(1), pages 3-43, June.
    6. Pompeo Della Posta & Enrico Marelli & Marcello Signorelli, 2020. "A market‐financed and growth‐enhancing investment plan for the euro area," Metroeconomica, Wiley Blackwell, vol. 71(3), pages 604-632, July.
    7. Silvia Dal Bianco & Chiara Amini & Marcello Signorelli, 2017. "The Impact of the Global Financial Crisis and the Role of External and Internal Factors in Emerging Economies," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 53(2), pages 229-249, February.
    8. Vittorio Valli & Donatella Saccone, 2009. "Structural Change and Economic Development in China and India," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 6(1), pages 101-129, June.
    9. Marcello Signorelli & Misbah Choudhry & Enrico Marelli, 2012. "The Impact of Financial Crises on Female Labour," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 24(3), pages 413-433, July.
    10. Wladimir Andreff, 2021. "Comparative Economic Studies in Europe," Post-Print hal-03232011, HAL.
    11. Misbah Tanveer Choudhry & Enrico Marelli & Marcello Signorelli, 2016. "Age dependency and labour productivity divergence," Applied Economics, Taylor & Francis Journals, vol. 48(50), pages 4823-4845, October.
    12. Enrico Marelli & Marcello Signorelli (ed.), 2010. "Economic Growth and Structural Features of Transition," Studies in Economic Transition, Palgrave Macmillan, number 978-0-230-27740-3, November.
    13. Josef C Brada & Enrico Marelli & Marcello Signorelli, 2014. "Introduction: Young People and the Labor Market: Key Determinants and New Evidence," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 556-566, December.
    14. Giovanni S F Bruno & Enrico Marelli & Marcello Signorelli, 2014. "The Rise of NEET and Youth Unemployment in EU Regions after the Crisis," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 592-615, December.
    15. Saccone, Donatella & Posta, Pompeo Della & Marelli, Enrico & Signorelli, Marcello, 2022. "Public investment multipliers by functions of government: An empirical analysis for European countries," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 531-545.
    16. Nicola Acocella, 2022. "Unemployment and inflation in the European Monetary Union: A new approach?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 19(1), pages 3-29, June.
    17. Misbah Tanveer Choudhry & Enrico Marelli & Marcello Signorelli, 2012. "Youth unemployment rate and impact of financial crises," International Journal of Manpower, Emerald Group Publishing Limited, vol. 33(1), pages 76-95, March.
    18. Nicola Acocella, 2022. "Unemployment and inflation in the European Monetary Union: A new approach?," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 19(1), pages 3-29, June.
    19. Demidova, Olga & Marelli, Enrico & Signorelli, Marcello, 2015. "Youth labour market performances in the Russian and Italian regions," Economic Systems, Elsevier, vol. 39(1), pages 43-58.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Liotti, Giorgio, 2020. "Labour market flexibility, economic crisis and youth unemployment in Italy," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 150-162.
    2. Signorelli, Marcello & Choudhry, Misbah Tanveer, 2015. "Symposium: Youth labour market and the “Great Recession”," Economic Systems, Elsevier, vol. 39(1), pages 1-2.
    3. Enrico MARELLI & Elena VAKULENKO, 2014. "Youth Unemployment in Italy and Russia: Aggregate Trends and the Role of Individual Determinants," Working papers of the Department of Economics - University of Perugia (IT) 0001/2014, Università di Perugia, Dipartimento Economia.
    4. Enrico Marelli & Elena Vakulenko, 2016. "Youth unemployment in Italy and Russia: Aggregate trends and individual determinants," The Economic and Labour Relations Review, , vol. 27(3), pages 387-405, September.
    5. Iva Tomic, 2016. "What drives youth unemployment in Europe?," Working Papers 1601, The Institute of Economics, Zagreb.
    6. Iva TOMIĆ, 2018. "What drives youth unemployment in Europe? Economic vs non‐economic determinants," International Labour Review, International Labour Organization, vol. 157(3), pages 379-408, September.
    7. Marcello Signorelli, 2017. "Youth unemployment in transition economies," World of Labour, LISER, pages 401-401, November.
    8. Dunsch, Sophie, 2017. "Youth and gender-specific unemployment and Okun's law in Germany and Poland," Discussion Papers 397, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    9. Iacopo Odoardi, 2020. "Can parents’ education lay the foundation for reducing the inactivity of young people? A regional analysis of Italian NEETs," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 37(1), pages 307-336, April.
    10. Giovanni S F Bruno & Enrico Marelli & Marcello Signorelli, 2014. "The Rise of NEET and Youth Unemployment in EU Regions after the Crisis," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(4), pages 592-615, December.
    11. Luis René Cáceres, 2021. "Youth Unemployment and Underdevelopment in Honduras," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 13(2), pages 1-61, February.
    12. Hans Dietrich, 2013. "Youth unemployment in the period 2001–2010 and the European crisis – looking at the empirical evidence," Transfer: European Review of Labour and Research, , vol. 19(3), pages 305-324, August.
    13. Ondřej Dvouletý & Martin Lukeš & Mihaela Vancea, 2020. "Individual-level and family background determinants of young adults’ unemployment in Europe," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 47(2), pages 389-409, May.
    14. Peterson K. Ozili, 2025. "Macroeconomic determinants of unemployment in ECOWAS countries," International Journal of Sustainable Economy, Inderscience Enterprises Ltd, vol. 17(4), pages 373-396.
    15. Jeremy W Bray & Brooks Depro & Dorren McMahon & Marion Siegle & Lee Mobley, 2016. "Disconnected Geography: A Spatial Analysis of Disconnected Youth in the United States," Journal of Labor Research, Springer, vol. 37(3), pages 317-342, September.
    16. Barbara Ermini & Luca Papi & Francesca Scaturro, 2016. "Over-education among italian Ph.D. graduates. Does the crisis make a difference?," Mo.Fi.R. Working Papers 126, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    17. Josef C Brada & Marcello Signorelli, 2012. "Comparing Labor Market Performance: Some Stylized Facts and Key Findings," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 54(2), pages 231-250, June.
    18. Dunsch, Sophie, 2015. "Okun's law and youth unemployment in Germany and Poland," Discussion Papers 373, European University Viadrina Frankfurt (Oder), Department of Business Administration and Economics.
    19. Deepika Chahal & Anju Rani, 2025. "Socio-Economic Determinants of Unemploymentin Rural Haryana, India," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(3), pages 167-186.
    20. G. S. F. Bruno & M. T. Choudhry & E. Marelli & M. Signorelli, 2014. "Youth Unemployment: Key Determinants and the Impact of Crises," AIEL Series in Labour Economics, in: Miguel Ángel Malo & Dario Sciulli (ed.), Disadvantaged Workers, edition 127, chapter 0, pages 121-148, Springer.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • P0 - Political Economy and Comparative Economic Systems - - General
    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General
    • P51 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Analysis of Economic Systems
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

    Statistics

    Access and download statistics

    Corrections

    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:liu:liucej:v:22:y:2025:i:2:p:191-216. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Laura Ballestra (email available below). General contact details of provider: https://edirc.repec.org/data/liuccit.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.