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    <title>EconStor Community: Berlin Institute for International Political Economy (IPE), Hochschule für Wirtschaft und Recht Berlin</title>
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  <item rdf:about="http://hdl.handle.net/10419/71191">
    <title>Macroeconomic policy regimes in emerging market candidates for a currency union: The case of Latvia</title>
    <link>http://hdl.handle.net/10419/71191</link>
    <description>Title: Macroeconomic policy regimes in emerging market candidates for a currency union: The case of Latvia
&lt;br/&gt;
&lt;br/&gt;Authors: Kazandziska, Milka
&lt;br/&gt;
&lt;br/&gt;Abstract: This paper has the goal to explore the functionality of the economic development in emerging countries, which are on their way of joining a currency union based on the concept of macroeconomic policy regimes (MPRs). Functional MPRs are considered those that deliver sustainable economic growth, employment and more equitable income distribution. A macroeconomic policy regime consists of policies (foreign economic policy, industrial policy, wage policy, monetary policy and fiscal policy), the financial system, and the institutional frameworks in which the economies are embedded. The MPRs of emerging countries, candidates for a currency union, applied to the case of Latvia will be analysed using a Post Keynesian approach. It will be argued that the institutional changes in Latvia have paved the way for a dysfunctional policy mix, such that led to high current account deficits, capital flow volatility, large employment losses and instable economic development. This paper suggests that to reduce the current account deficits and achieve a more sustainable growth, foreign economic policy and the industrial policy should be given high priority.</description>
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  <item rdf:about="http://hdl.handle.net/10419/71190">
    <title>Eating the fruit of the poisonous tree? Ecological modernisation and sustainable consumption in the EU</title>
    <link>http://hdl.handle.net/10419/71190</link>
    <description>Title: Eating the fruit of the poisonous tree? Ecological modernisation and sustainable consumption in the EU
&lt;br/&gt;
&lt;br/&gt;Authors: Couturier, Anna; Thaimai, Kannika
&lt;br/&gt;
&lt;br/&gt;Abstract: Environmentalism has become a central concern for European Union (EU) policy makers and citizens alike as the extent of the bio-crisis has become better understood. Projects aimed at reducing the environmental costs of European living, industry, and commerce have grown in number and scope in the last twenty years. Strategies for reform have focused on the ways in which established market forces can be mobilised to create change within European systems of production and consumption. For food products, the EU has undertaken two innovative projects focused on reforming both consumers and producers: the EU Ecolabel and the EU Organic logo. Similar in design yet unique in function, these product-labelling endeavours instrumentalise the normative philosophy of ecological modernisation in the hopes that incentive-based, incremental transformation in the processes of production and consumption can adequately address the challenges of environmental degradation. We find that while some opportunities for reform of the nature of the EU food market is made possible through the EU labelling schemes, the projects have limited impact on the overall food production and consumption practices and, therefore, are not able to institute substantial and much needed ecological reform.</description>
  </item>
  <item rdf:about="http://hdl.handle.net/10419/71191">
    <title>Macroeconomic policy regimes in emerging market candidates for a currency union: The case of Latvia</title>
    <link>http://hdl.handle.net/10419/71191</link>
    <description>Title: Macroeconomic policy regimes in emerging market candidates for a currency union: The case of Latvia
&lt;br/&gt;
&lt;br/&gt;Authors: Kazandziska, Milka
&lt;br/&gt;
&lt;br/&gt;Abstract: This paper has the goal to explore the functionality of the economic development in emerging countries, which are on their way of joining a currency union based on the concept of macroeconomic policy regimes (MPRs). Functional MPRs are considered those that deliver sustainable economic growth, employment and more equitable income distribution. A macroeconomic policy regime consists of policies (foreign economic policy, industrial policy, wage policy, monetary policy and fiscal policy), the financial system, and the institutional frameworks in which the economies are embedded. The MPRs of emerging countries, candidates for a currency union, applied to the case of Latvia will be analysed using a Post Keynesian approach. It will be argued that the institutional changes in Latvia have paved the way for a dysfunctional policy mix, such that led to high current account deficits, capital flow volatility, large employment losses and instable economic development. This paper suggests that to reduce the current account deficits and achieve a more sustainable growth, foreign economic policy and the industrial policy should be given high priority.</description>
  </item>
  <item rdf:about="http://hdl.handle.net/10419/71190">
    <title>Eating the fruit of the poisonous tree? Ecological modernisation and sustainable consumption in the EU</title>
    <link>http://hdl.handle.net/10419/71190</link>
    <description>Title: Eating the fruit of the poisonous tree? Ecological modernisation and sustainable consumption in the EU
&lt;br/&gt;
&lt;br/&gt;Authors: Couturier, Anna; Thaimai, Kannika
&lt;br/&gt;
&lt;br/&gt;Abstract: Environmentalism has become a central concern for European Union (EU) policy makers and citizens alike as the extent of the bio-crisis has become better understood. Projects aimed at reducing the environmental costs of European living, industry, and commerce have grown in number and scope in the last twenty years. Strategies for reform have focused on the ways in which established market forces can be mobilised to create change within European systems of production and consumption. For food products, the EU has undertaken two innovative projects focused on reforming both consumers and producers: the EU Ecolabel and the EU Organic logo. Similar in design yet unique in function, these product-labelling endeavours instrumentalise the normative philosophy of ecological modernisation in the hopes that incentive-based, incremental transformation in the processes of production and consumption can adequately address the challenges of environmental degradation. We find that while some opportunities for reform of the nature of the EU food market is made possible through the EU labelling schemes, the projects have limited impact on the overall food production and consumption practices and, therefore, are not able to institute substantial and much needed ecological reform.</description>
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