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The Influence of Ordoliberalism in European Integration Processes - A Framework for Ideational Influence with Competition Policy and the Economic and Monetary Policy as Examples

Author

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  • Nedergaard, Peter

Abstract

How can one study the ideational influence of ordoliberalism on European integration processes? This is the overarching question answered in this paper where I propose a refined methodology, taking into account that the influence of ordoliberalism can vary over time and, more importantly, that its influence has to be measured on the backdrop of a detailed specification of the characteristics of ordoliberalism itself compared to the strongest ideational alternatives. I have carefully identified these alternatives as interventionism (competition policy), laissez-faire liberalism (competition policy), and Keynesianism (economic and monetary policy). I show the usability of my framework; however, I also point to the fact that more analyses are needed, especially where traces of ordoliberal influence does not seem likely to find.

Suggested Citation

  • Nedergaard, Peter, 2013. "The Influence of Ordoliberalism in European Integration Processes - A Framework for Ideational Influence with Competition Policy and the Economic and Monetary Policy as Examples," MPRA Paper 52331, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:52331
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    File URL: https://mpra.ub.uni-muenchen.de/52331/1/MPRA_paper_52331.pdf
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    References listed on IDEAS

    as
    1. Charles Wyplosz, 2006. "European Monetary Union: the dark sides of a major success," Economic Policy, CEPR;CES;MSH, vol. 21(46), pages 207-261, April.
    2. Blyth, Mark, 2013. "Austerity: The History of a Dangerous Idea," OUP Catalogue, Oxford University Press, number 9780199828302.
    3. Pinar Akman & Hussein Kassim, 2010. "Myths and Myth-Making in the European Union: The Institutionalization and Interpretation of EU Competition Policy," Journal of Common Market Studies, Wiley Blackwell, vol. 48, pages 111-132, January.
    4. Pierre Rosanvallon, 1987. "Histoire des idées keynésiennes en France," Revue Française d'Économie, Programme National Persée, vol. 2(4), pages 22-56.
    5. Mueller,Dennis C., 2003. "Public Choice III," Cambridge Books, Cambridge University Press, number 9780521894753, April.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    political economy; Europe; ordoliberalism; competition policy; economic policy;

    JEL classification:

    • B59 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Other
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism

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