IDEAS home Printed from https://ideas.repec.org/p/wpa/wuwpma/0501008.html
   My bibliography  Save this paper

Leitlinien für ein dauerhaftes Wachstum in der EU? Konzept und Wirkung der Grundzüge der Wirtschaftspolitik

Author

Listed:
  • Eckhard Hein

    (WSI in der Hans Böckler Stiftung)

  • Torsten Niechoj

    (WSI in der Hans Böckler Stiftung)

Abstract

The Broad Economic Policy Guidelines contain the answers of the European Com-mission and the EU-governments to the growth and employment problems in the EU. These guidelines have been the EU-economic policy concept for ten years now, but this concept has not been able to generate sustained growth in the EU. Examining the guidelines we show the weaknesses of the economic policy model behind it and outline an alternative concept which promises more growth for Europe in the long run.

Suggested Citation

  • Eckhard Hein & Torsten Niechoj, 2005. "Leitlinien für ein dauerhaftes Wachstum in der EU? Konzept und Wirkung der Grundzüge der Wirtschaftspolitik," Macroeconomics 0501008, University Library of Munich, Germany.
  • Handle: RePEc:wpa:wuwpma:0501008
    Note: Type of Document - pdf; pages: 45
    as

    Download full text from publisher

    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0501/0501008.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Truger, Achim & Hein, Eckhard, 2003. "Schlusslicht Deutschland': Resultat institutioneller Verkrustungen?," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1949 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 83(8), pages 509-516.
    2. Eckhard Hein & Thorsten Schulten & Achim Truger, 2004. "Wage trends and deflation risks in Germany and Europe," Macroeconomics 0412008, University Library of Munich, Germany.
    3. Arestis, Philip & McCauley, Kevin & Sawyer, Malcolm, 2001. "An Alternative Stability Pact for the European Union," Cambridge Journal of Economics, Oxford University Press, vol. 25(1), pages 113-130, January.
    4. Eckhard Hein & Achim Truger, 2004. "Macroeconomic co-ordination as an economic policy concept - opportunities and obstacles in the EMU," Macroeconomics 0408011, University Library of Munich, Germany.
    5. Robert Solow, 2000. "Unemployment in the United States and in Europe - A Contrast and the Reasons," CESifo Working Paper Series 231, CESifo Group Munich.
    6. Riedel, Jürgen, 2002. "Technologie- und Innovationspolitik in Sachsen," WSI Working Papers 106, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    7. Hein, Eckhard & Truger, Achim, 2005. "European Monetary Union: nominal convergence, real divergence and slow growth?," Structural Change and Economic Dynamics, Elsevier, vol. 16(1), pages 7-33, March.
    8. Bernhard Kittel & Franz Traxler, 2001. "Lohnverhandlungssysteme und Geldpolitik," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 27(1), pages 11-40.
    9. Eckhard Hein, 2004. "Die NAIRU – eine post-keynesianische Interpretation," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 1(1), pages 43-66.
    10. Bartsch, Klaus & Hein, Eckhard & Truger, Achim, 2001. "Zur Interdependenz von Geld- und Lohnpolitik: Makroökonometrische Ex-post und Ex-ante Simulationen verschiedener Szenarien für die Bundesrepublik Deutschland," WSI Working Papers 100, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    11. Hein, Eckhard, 2002. "Monetary policy and wage bargaining in the EMU: Restrictive ECB policies, high unemployment, nominal wage restraint and rising inflation," WSI Working Papers 103, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    12. Hein, Eckhard, 2003. "Die NAIRU: Eine post-keynesianische Interpretation," WSI Working Papers 113, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    13. Berger, Christiane, 2002. "Technologie- und Innovationspolitik in Bayern," WSI Working Papers 105, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    14. Dean Baker & Andrew Glyn & David Howell & John Schmitt, 2002. "Labor Market Institutions and Unemployment: A Critical Assessment of the Cross-Country Evidence," SCEPA working paper series. SCEPA's main areas of research are macroeconomic policy, inequality and poverty, and globalization. 2002-17, Schwartz Center for Economic Policy Analysis (SCEPA), The New School.
    15. Josten, Stefan Dietrich & Truger, Achim, 2003. "The political economy of growth and distribution: A theoretical critique," WSI Working Papers 111, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    16. Schulten, Thorsten, 2001. "Solidarische Lohnpolitik in Europa: Ansätze und Perspektiven einer Europäisierung gewerkschaftlicher Lohnpolitik," WSI Working Papers 92, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    17. Niechoj, Torsten, 2004. "Gewerkschaften und keynesianische Koordinierung in Europa: Chancen, Risiken und Umsetzungshürden," WSI Working Papers 121, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    18. Christopher Allsopp, 2002. "The Future of Macroeconomic Policy in the European Union," Discussion Papers 07, Monetary Policy Committee Unit, Bank of England.
    19. Truger, Achim, 2000. "Steuerreformen für mehr Beschäftigung?," WSI Working Papers 83, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    20. Robert Solow, 2000. "Unemployment in the United States and in Europe : a contrast and the reasons ; the European unemployment problem," CESifo Forum, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 1(1), pages 3-5, October.
    21. Truger, Achim & Hein, Eckhard, 2002. "Schlusslicht Deutschland': makroökonomische Ursachen," Wirtschaftsdienst – Zeitschrift für Wirtschaftspolitik (1949 - 2007), ZBW – German National Library of Economics / Leibniz Information Centre for Economics, vol. 82(7), pages 402-410.
    22. Christopher Allsopp & Michael J. Artis, 2003. "The Assessment: EMU, Four Years On," Oxford Review of Economic Policy, Oxford University Press, vol. 19(1), pages 1-29.
    23. Tangian, Andranik S., 2004. "Defining the flexicurity index in application to European countries," WSI Working Papers 122, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    24. Laurence H. Meyer, 2001. "Inflation targets and inflation targeting," Review, Federal Reserve Bank of St. Louis, issue Nov., pages 1-14.
    25. Tangian, Andranik S., 2003. "An econometric decision model for equalizing regional unemployment in West and East Germany," WSI Working Papers 115, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    26. Truger, Achim, 2003. "Germany's Poor Economic Performance in the Last Decade: It's the Macroeconomy, not Institutional Sclerosis," WSI Working Papers 118, The Institute of Economic and Social Research (WSI), Hans-Böckler-Foundation.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Broad economic policy guidelines; European Union; monetary policy; wage policy; fiscal policy; policy coordination;

    JEL classification:

    • E - Macroeconomics and Monetary Economics

    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:wpa:wuwpma:0501008. 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: (EconWPA). General contact details of provider: https://econwpa.ub.uni-muenchen.de .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.