Guidelines for sustained growth in the EU? The concept and consequences of the Broad Economic Policy Guidelines
Eckhard Hein and
Macroeconomics from University Library of Munich, Germany
The Broad Economic Policy Guidelines contain the answers of the European Commission and the governments of the EU-member countries to the European growth and employment problems. These guidelines have been the major EU-economic policy concept for around ten years now. They can be seen as a synthesis of the economic policy regime dominating the EU since the early to mid 1990s. However, this concept has not been able to generate sustained growth and low unemployment in the EU as a whole. Examining the guidelines we show the weaknesses of the underlying economic policy model and outline an alternative concept which promises more growth and employment for Europe in the long run.
Keywords: Broad economic policy guidelines; European Union; monetary policy; wage policy; fiscal policy; policy co-ordination (search for similar items in EconPapers)
JEL-codes: E E61 E62 (search for similar items in EconPapers)
Pages: 32 pages
Note: Type of Document - pdf; pages: 32
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6) Track citations by RSS feed
Downloads: (external link)
Working Paper: Guidelines for sustained growth in the EU ? The concept and consequences of the Broad Economic Policy Guidelines (2005)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpma:0508016
Access Statistics for this paper
More papers in Macroeconomics from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().