Some Introductory Thoughts

Alberto Giovannini ()
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Alberto Giovannini: Columbia Business School

Chapter Chapter 2 in The Liberal Heart of Europe, 2021, pp 13-21 from Springer

Abstract: Abstract The public debates are dominated by economic concepts with no precise meaning. Hence politicians are seldom capable to deal with the consequences of decisions taken by such faulty reasoning, by learning the right lesson. The process of European integration presents us with a veritable clash of economic ideas. The roots of such clash may be found by defining the interaction between politics and economics in the context of some of its distinctive phenomena: the history of economic and political reforms; the debate on the size of government; the origin of the monetary union; the European Central Bank’s need to find a balance between the inflation objective and financial stability; the subject of fiscal policy; and the consequences of the ever-growing reach of programs which are constantly developed to counter new challenges arising from economic reforms.

Keywords: EU; Reforms; Currency; Fiscal policy; Financial stability (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-60368-7_2

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DOI: 10.1007/978-3-030-60368-7_2

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