Macroeconomic thought at the European Commission in the 1970s: the first decade of the annual economic reports

I. Maes
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I. Maes: National Bank of Belgium

BNL Quarterly Review, 1998, vol. 51, issue 207, 387-412

Abstract: The work seeks to better understand how economic thought changes at policy institutions, as compared to academic institutions. The prevalence of academic economics during the 1970s introduced pronounced changes in the Annual Economic Reports of the European Commission. These changes, touted by economic analysts as a naturally complex process, focused primarily on the effect of evolving policy institutions on the economic well-being of the European Commission. One of the most dramatic changes that occurred during the period is the rise of Keynesian economics, which was eventually followed by the dominance of monetarism and supply-side economics.

Keywords: European Union; European Commission; Macroeconomics; Keynesian economics (search for similar items in EconPapers)
JEL-codes: E02 E12 F15 (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:psl:bnlaqr:1998:42

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