The Influence of Ordoliberalism in European Integration Processes - A Framework for Ideational Influence with Competition Policy and the Economic and Monetary Policy as Examples

Nedergaard, Peter (2013): The Influence of Ordoliberalism in European Integration Processes - A Framework for Ideational Influence with Competition Policy and the Economic and Monetary Policy as Examples.

Abstract

How can one study the ideational influence of ordoliberalism on European integration processes? This is the overarching question answered in this paper where I propose a refined methodology, taking into account that the influence of ordoliberalism can vary over time and, more importantly, that its influence has to be measured on the backdrop of a detailed specification of the characteristics of ordoliberalism itself compared to the strongest ideational alternatives. I have carefully identified these alternatives as interventionism (competition policy), laissez-faire liberalism (competition policy), and Keynesianism (economic and monetary policy).

I show the usability of my framework; however, I also point to the fact that more analyses are needed, especially where traces of ordoliberal influence does not seem likely to find.

• Item Type: MPRA Paper
• Language: English
• Keywords: political economy, Europe, ordoliberalism, competition policy, economic policy
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B5 - Current Heterodox Approaches > B59 - Other; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E61 - Policy Objectives ; Policy Designs and Consistency ; Policy Coordination; G - Financial Economics > G1 - General Financial Markets > G18 - Government Policy and Regulation; P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy

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