Nicholas Kaldor and Kazimierz Łaski on the pitfalls of the European integration process

IF 1.4 Q3 ECONOMICS

European Journal of Economics and Economic Policies-Intervention Pub Date : 2019-12-01 DOI:10.4337/ejeep.2019.03.05

M. Landesmann

引用次数: 0

Abstract

Nicholas Kaldor and Kazimierz Łaski have been two very prominent exponents of Keynesian thinking. They both contributed to the debate on European economic integration, one (Nicholas Kaldor) in the early 1970s, when there were fierce debates about the United Kingdom's entry to the European Communities, and the other (Kazimierz Łaski) in the wake of the financial and economic crisis of 2008–2012, when the European Union and its Economic and Monetary Union were seriously challenged by potential disintegration. Both exponents provided deep and complementary inputs into an understanding of the centrifugal forces at work when a region with a rudimentary federal structure (but an extremely weak ‘central state’) embarks on tight economic integration with an inadequate macroeconomic policy framework in place.

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Nicholas Kaldor和Kazimierz Łaski关于欧洲一体化进程的陷阱

尼古拉斯·卡尔多和卡齐米兹Łaski是凯恩斯主义思想的两位杰出代表。他们都对欧洲经济一体化的辩论做出了贡献，一个(Nicholas Kaldor)在20世纪70年代初，当时关于英国加入欧洲共同体的辩论非常激烈，另一个(Kazimierz Łaski)在2008-2012年金融和经济危机之后，欧盟及其经济和货币联盟受到潜在解体的严重挑战。这两种指数都提供了深刻而互补的输入，以理解当一个具有基本联邦结构(但极其薄弱的“中央国家”)的地区在宏观经济政策框架不充分的情况下开始紧密的经济一体化时，离心力在起作用。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

European Journal of Economics and Economic Policies-Intervention ECONOMICS-

CiteScore

1.70

自引率

0.00%

发文量

期刊介绍： The European Journal of Economics and Economic Policies: Intervention (EJEEP) is a peer-reviewed journal which serves as a forum for studies in macroeconomic theory, economic institutions and economic policies. The managing editors aim for productive debates involving one or more variants of heterodox economics, and invite contributions acknowledging the pluralism of research approaches. The submission of both theoretical and empirical work is encouraged. The managing editors contend that a wide variety of institutional and social factors shape economic life and economic processes. Only a careful study and integration of such factors into economics will lead to theoretical progress and to competent economic policy recommendations. This was clearly demonstrated by the inadequacy of orthodox economics, based on neoclassical foundations, to provide suitable explanations and responses to recent financial and economic crises.