2019
DOI: 10.1080/14719037.2019.1618383
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Influence of the EU (and the IMF) on domestic cutback management: a nine-country comparative analysis

Abstract: The influence of the EU (and the IMF) on domestic cutback management were studied in nine European countries. In this concluding article, a crosscountry comparative analysis is presented. The influence of the EU and the IMF being most evident in bailed-out countries, we first take a closer look at the loan programmes in Greece, Ireland, Portugal, and Spain, plus the hardly-known earlier bailouts in Hungary and Latvia. We then turn to two factors that influence cutbacks and reforms: economics and politics. Fina… Show more

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Cited by 10 publications
(13 citation statements)
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“…At the policy level, the new architecture of policy conditionality has impacted at multiple levels: fiscal, economic and social policy of Member-States (Crespy and Menz, 2015; Henning, 2017; Verdun and Zeitlin, 2018). The politics and policy of fiscal consolidation have implications on public budgets and, ultimately, its impact in terms of reducing the administrative capacities of the affected countries (Kickert and Ongaro, 2019; Kickert and Randma-Liiv, 2015; Randma-Liiv and Kickert, 2018; Spanou, 2020) and hence, ultimately, possibly their capacity to cope with new and unexpected high-impact crises.…”
Section: What Themes Matter?mentioning
confidence: 99%
“…At the policy level, the new architecture of policy conditionality has impacted at multiple levels: fiscal, economic and social policy of Member-States (Crespy and Menz, 2015; Henning, 2017; Verdun and Zeitlin, 2018). The politics and policy of fiscal consolidation have implications on public budgets and, ultimately, its impact in terms of reducing the administrative capacities of the affected countries (Kickert and Ongaro, 2019; Kickert and Randma-Liiv, 2015; Randma-Liiv and Kickert, 2018; Spanou, 2020) and hence, ultimately, possibly their capacity to cope with new and unexpected high-impact crises.…”
Section: What Themes Matter?mentioning
confidence: 99%
“…Although all Eurozone countries were affected by the global crisis, the most exposed countries were the Eurozone periphery countries (PIGS). Therefore, resolving the public debt problem of Greece was raised on a supranational level using bail-out mechanisms (Kickert & Ongaro, 2019). Schuknecht et al (2011) write about the justification of using the bail-out mechanism in the PIGS countries, as a solution for unbridled public finances and growing public debt.…”
Section: Literature Reviewmentioning
confidence: 99%
“…The public debt crisis that hit Greece in 2010 according to Kickert and Ongaro (2019) could not have been resolved nationally. Even before the outbreak of the crisis, Greece had a level of public debt that exceeded the allowed threshold of 60% of GDP (the Maastricht Treaty), therefore after the coup, it faced indebtedness that led to bankruptcy.…”
Section: Global Crisismentioning
confidence: 99%
“…The cutback repertoire proved to be effective in containing government spending, and this positively fed back on the response that followed the 2008 global crisis. That crisis intensified pressures from the European Union that contributed to making the redress of fiscal imbalances only one of the imperative reactions to the sovereign debt crisis (Kickert & Ongaro, 2019). Conversely, New Public Management-inspired reforms have suffered from major implementation gaps since the late 1990s, when it became apparent that tumultuous changes in government were associated with poorer performance (Di Mascio & Natalini, 2014).…”
Section: The Italian Path To the Pandemicmentioning
confidence: 99%