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What drives national implementation of EU policy recommendations?

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  • Konstantinos Efstathiou
  • Guntram B. Wolff

Abstract

We use a newly-compiled dataset to investigate whether and why European Union countries implement the economic policy recommendations they receive from the EU. We find that implementation rates are modest and have worsened at a time when the economic environment has improved and market pressure on sovereigns has subsided. Implementation has deteriorated in particular among countries designated as having ‘excessive’ macroeconomic imbalances. We then empirically test three factors that could...

Suggested Citation

  • Konstantinos Efstathiou & Guntram B. Wolff, 2019. "What drives national implementation of EU policy recommendations?," Bruegel Working Papers 30346, Bruegel.
    • Handle: RePEc:bre:wpaper:30346
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    Cited by:

    1. European Fiscal Board (EFB), 2019. "Assessment of EU fiscal rules with a focus on the six and two-pack legislation," Reports 2019, European Fiscal Board.
    2. Maria Auböck & Doris Prammer, 2020. "Wirtschaftspolitische Empfehlungen in der EU und deren Umsetzungsbilanz in Österreich," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q1-Q2/20, pages 195-209.
    3. Sara Casagrande & Bruno Dallago, 2022. "Socio-Economic and Political Challenges of EU Member Countries: Grasping the Policy Direction of the European Semester," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 64(3), pages 487-519, September.
    4. Claudius Graebner-Radkowitsch & Theresa Hager, 2021. "(Mis)Measuring Competitiveness: The Quantification of a Malleable Concept in the European Semester," ICAE Working Papers 130, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
    5. Camilla Mariotto, 2022. "The Implementation of Economic Rules: From the Stability and Growth Pact to the European Semester," Journal of Common Market Studies, Wiley Blackwell, vol. 60(1), pages 40-57, January.
    6. Bańkowski, Krzysztof & Bouabdallah, Othman & Domingues Semeano, João & Dorrucci, Ettore & Freier, Maximilian & Jacquinot, Pascal & Modery, Wolfgang & Rodríguez-Vives, Marta & Valenta, Vilém & Zorell, , 2022. "The economic impact of Next Generation EU: a euro area perspective," Occasional Paper Series 291, European Central Bank.
    7. Marjoleine Hennis, 2022. "Par le Haut Ou Par les Pays‐Bas? French and Dutch Approaches to European Social Policy Coordination Compared," Journal of Common Market Studies, Wiley Blackwell, vol. 60(1), pages 136-151, January.

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