Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/105870
Authors: 
Hein, Eckhard
Niechoj, Torsten
Year of Publication: 
2005
Series/Report no.: 
IMK Working Paper 2/2005
Abstract: 
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.
Subjects: 
Broad economic policy guidelines
European Union
monetary policy
wage policy
fiscal policy
policy co-ordination
JEL: 
E61
E62
E63
E64
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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