6533b836fe1ef96bd12a0963
RESEARCH PRODUCT
Economic and fiscal policy coordination after the crisis: is the European Semester promoting more or less state intervention?
Jörg S. HaasDaniel F. SchulzAmy VerdunValerie J. D'ermansubject
Sociology and Political ScienceEconomic policymedia_common.quotation_subject05 social sciencesEconomic governance050601 international relations0506 political scienceFiscal policyIntervention (law)State (polity)Political sciencePolitical Science and International Relations050602 political science & public administrationEconomic and monetary unionmedia_common.cataloged_instanceEuropean unionmedia_commondescription
The European Union (EU) – and its Economic and Monetary Union (EMU) in particular – is often criticized as a predominantly marketoriented project. We analyse to what extent such claims can be substantiated by focusing on one key aspect of the EU’s post-crisis framework for economic governance: the country-specific recom- 15 mendations (CSRs) that the EU has been issuing annually since 2011. Based on an original dataset, we analyse more than 1300 CSRs, which show that the EU does not push uniformly for less state intervention. Rather, the CSRs tend to suggest fiscal restraint and less protection for labour market insiders, while simultaneously 20 promoting measures that benefit vulnerable groups in society. During the second decade of EMU, CSRs have gradually become more permissive of higher public spending and more in favour of worker protection, while the share of recommendations advocating more social protection has stagnated at a high level.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2020-03-27 | Journal of European Integration |