CEU Electronic Theses and Dissertations, 2020
| Author | Hinrichs, Hendrik |
|---|---|
| Title | Inequality and European Integration - Convergence of Living Standards in the EU or Motor of Deregulation? |
| Summary | The paper embeds the theories of global inequality development and European integration in the explanation of the current economic scenario in the EU. Using financial balances, it is shown that inclusive growth and declining inequality within and amongst the countries is currently hindered by the existence of macroeconomic imbalances which are supported by still existing flaws in the currency union and the rules of the Stability and Growth Pact. Austerity policy as well as the export-focus of especially Germany are playing major roles in perpetuating the multiple crisis in Southern Europe. A regression analysis approach shows mixed results indicating that the EU is neither a driver of inequality nor an absorber of globalisation pressure. |
| Supervisor | Moulton, Jeremy F. G.; Dorsch, Michael T. |
| Department | Public Policy MA |
| Full text | https://www.etd.ceu.edu/2020/hinrichs_hendrik.pdf |
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