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Die prekäre alte Normalität der EU und die Notwendigkeit zur Reform
[The EU’s Precarious Old Normal and the Need for Reform]

Author

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  • Hubert Gabrisch

    (Wiener Institut für Internationale Wirtschaftsvergleiche)

Abstract

Zusammenfassung Die EU befindet sich seit 2008 im Krisenmodus. Die Sehnsucht nach der alten Normalität ist das große politische Ziel, aber eine Rückkehr zum Status quo ante wäre nicht wirklich wünschenswert. Leider besitzt die europäische Politik kein Konzept für die Zukunft der EU nach der COVID-19-Pandemie. Das könnte sich als existenzielles Problem für die EU in ihrer derzeitigen Gestalt erweisen. Der Artikel analysiert den inneren Zusammenhang der verschiedenen Krisen seit 2008, zeigt Möglichkeiten für eine Reform der Architektur der EU in den zentralen Feldern Fiskal- und Geldpolitik auf, warnt vor weiteren Krisen und vor einer Marginalisierung der EU im globalen Maßstab.

Suggested Citation

  • Hubert Gabrisch, 2021. "Die prekäre alte Normalität der EU und die Notwendigkeit zur Reform [The EU’s Precarious Old Normal and the Need for Reform]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 101(10), pages 814-820, October.
    • Handle: RePEc:spr:wirtsc:v:101:y:2021:i:10:d:10.1007_s10273-021-3031-1
    DOI: 10.1007/s10273-021-3031-1
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    References listed on IDEAS

    as
    1. Fischer, Christoph, 2007. "An assessment of the trends in international price competitiveness among EMU countries," Discussion Paper Series 1: Economic Studies 2007,08, Deutsche Bundesbank.
    2. Hubert Gabrisch & Karsten Staehr, 2015. "The Euro Plus Pact: Competitiveness and External Capital Flows in the EU Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 53(3), pages 558-576, May.
    3. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 3.
    4. repec:ces:ifodic:v:15:y:2017:i:1:p:19307482 is not listed on IDEAS
    5. Gabrisch, Hubert & Staehr, Karsten, 2014. "The euro plus pact: cost competitiveness and external capital flows in the EU countries," Working Paper Series 1650, European Central Bank.
    6. Paul Tucker, 2014. "The lender of last resort and modern central banking: principles and reconstruction," BIS Papers chapters, in: Bank for International Settlements (ed.), Re-thinking the lender of last resort, volume 79, pages 10-42, Bank for International Settlements.
    7. Battiston, Stefano & Delli Gatti, Domenico & Gallegati, Mauro & Greenwald, Bruce & Stiglitz, Joseph E., 2012. "Liaisons dangereuses: Increasing connectivity, risk sharing, and systemic risk," Journal of Economic Dynamics and Control, Elsevier, vol. 36(8), pages 1121-1141.
    8. Hans-Werner Sinn, 2015. "The Greek Tragedy," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 68(1), pages 03-33, May.
      • Hans-Werner Sinn, 2015. "The Greek Tragedy," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(1), pages 5-35, June.
    9. Hubert Gabrisch, 2016. "Zur Kritik der Kapitalmarktunion [A Critique of the Capital Markets Union]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 96(12), pages 891-899, December.
    10. Alan Blinder & Michael Ehrmann & Jakob de Haan & David-Jan Jansen, 2017. "Monetary Policy after the Crisis," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(1), pages 12-13, 04.
    11. Alan Blinder & Michael Ehrmann & Jakob de Haan & David-Jan Jansen, 2017. "Monetary Policy after the Crisis," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 15(01), pages 12-13, April.
    12. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 2.
    13. Alan Blinder & Michael Ehrmann & Jakob de Haan & David-Jan Jansen, 2017. "Necessity as the mother of invention: monetary policy after the crisis," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 32(92), pages 707-755.
    14. Luigi Bonatti & Andrea Fracasso & Roberto Tamborini, 2020. "COVID-19 and the Future of Quantitative Easing in the Euro Area: Three Scenarios with a Trilemma," DEM Working Papers 2020/11, Department of Economics and Management.
    15. Engelbert Stockhammer, 2011. "Peripheral Europe's debt and German wages: the role of wage policy in the Euro area," International Journal of Public Policy, Inderscience Enterprises Ltd, vol. 7(1/2/3), pages 83-96.
    16. Hubert Gabrisch & Martina Kämpfe, 2013. "The new EU countries and euro adoption," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 48(3), pages 180-186, May.
    17. Ongena, Steven & Moreno Ibáñez, Antonio & 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.
    18. Editorial Article, 0. "Contents," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 3.
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    More about this item

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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