A1 Refereed original research article in a scientific journal

Explaining Deviations from the Stability and Growth Pact (SGP): Power, Ideology, Economic Need, or Diffusion?




AuthorsMichael A. Hansen

Publication year2015

JournalJournal of Public Policy

Journal acronymJOPP

Volume35

Issue3

First page 477

Last page504

DOIhttps://doi.org/https://doi.org/10.1017/S0143814X15000094

Web address https://www.cambridge.org/core/journals/journal-of-public-policy/article/abs/explaining-deviations-from-the-stability-and-growth-pact-power-ideology-economic-need-or-diffusion/774AD877CA16DC91BD5654507F3DE364


Abstract

Why do some countries deviate from European Union law? More specifically, why do countries violate the Stability and Growth Pact, which is a cornerstone piece of legislation for the shared economy? Is it that violators simply have no other choice due to economic need? Are the violators intentional deviators that are simply able to violate the Stability and Growth Pact because of their power in the European Union? This article answers these questions and identifies those factors that are most likely to impact a country’s deviation from the two main clauses of the Stability and Growth Pact. The major finding is that it is economic need, not a country’s relative power, governing ideology or diffusion, that has a large impact on which clause will be violated.


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Last updated on 2024-26-11 at 21:19