{"id":119728,"date":"2024-01-22T22:41:32","date_gmt":"2024-01-22T21:41:32","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/119728\/"},"modified":"2024-11-07T05:07:33","modified_gmt":"2024-11-07T04:07:33","slug":"der-fiskalpakt-hauptkomponente-einer-systemkrise","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/119728\/","title":{"rendered":"The Fiscal Compact \u2013 Main Component of a Systemic Crisis"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-119728","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"By adopting the Fiscal Compact the EU took over core concepts of the neoliberal School of Chicago, and, hence, of the main adversaries of the European Social Model. First, the Fiscal Compact strengthens the monetarist principle of binding economic policy to certain rules. At the same time, the core target of a maximum structural deficit of 0.5 percent of GDP should be achieved through deregulation, in particular of labour markets. Second, the European Commission estimates the structural deficit using the monetarist concept of a natural rate of unemployment. Third, the deficit procedure assumes that austerity policy does not impact (negatively) on production and employment. Hence, the Fiscal Compact has become a core component of the neoliberal \"navigation map\" which leads Europe deeper and deeper into a systemic crisis.","onlinedate":"2014-10-28 12:00:00","lang":"German","publication_series":"","publication_date":"20141001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"18","keywords":"[\"Sparpolitik\",\"Staatsverschuldung\",\"Strukturdefizit\",\"strukturelle Arbeitslosigkeit\"]","jelcodes":"[]","related_publications":"[]","pdf":355023,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"480","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2014-10-28 12:00:00","types":[44410],"research_groups":[3491],"collaboration":"","persons":[3841],"persons_data":"[{\"personId\":3841,\"personName\":\"Stephan Schulmeister\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Schulmeister, S.<\\\/span> (2014). <span>Der Fiskalpakt \u2013 Hauptkomponente einer Systemkrise<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (480). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/47515\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/47515<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Schulmeister S<\\\/span>. <span class=\\\"title\\\"><span>Der Fiskalpakt \u2013 Hauptkomponente einer Systemkrise<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2014 Oct;(480).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{843793f39f914e89b6fb6e61d8aceacd,<\\\/div><div>  title    = \\\"Der Fiskalpakt \u2013 Hauptkomponente einer Systemkrise\\\",<\\\/div><div>  abstract = \\\"Mit dem seit 2013 g{\\\\\\\"u}ltigen Fiskalpakt und seiner Umsetzung hat die Politik in der EU wesentliche Forderungen der ideologischen Hauptgegner des Europ{\\\\\\\"a}ischen Sozialmodells, der {\\\"}Schule von Chicago{\\\"}, {\\\\\\\"u}bernommen. Erstens wird mit dem Pakt die Fiskalpolitik noch enger an Regeln gebunden, gleichzeitig soll das strukturelle Defizit durch Deregulierung der M{\\\\\\\"a}rkte, insbesondere des Arbeitsmarktes verringert werden. Zweitens sch{\\\\\\\"a}tzt die Europ{\\\\\\\"a}ische Kommission das strukturelle Defizit mit Hilfe des Konzepts der nat{\\\\\\\"u}rlichen Arbeitslosenquote (NAWRU). Drittens wird unterstellt, dass Sparpolitik keine negativen Folgen f{\\\\\\\"u}r Produktion und Besch{\\\\\\\"a}ftigung hat. Der Fiskalpakt ist zu einer Hauptkomponente jener neoliberalen {\\\"}Navigationskarte{\\\"} geworden, welche Wirtschaft und Gesellschaft in Europa immer tiefer in eine Systemkrise f{\\\\\\\"u}hrt.\\\",<\\\/div><div>  keywords = \\\"Sparpolitik, Staatsverschuldung, Strukturdefizit, strukturelle Arbeitslosigkeit, Sparpolitik, Staatsverschuldung, Strukturdefizit, strukturelle Arbeitslosigkeit\\\",<\\\/div><div>  author   = \\\"Stephan Schulmeister\\\",<\\\/div><div>  note     = \\\"Der Fiskalpakt \u2013 Hauptkomponente einer Systemkrise\\\",<\\\/div><div>  year     = \\\"2014\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"Deutsch\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Der Fiskalpakt \u2013 Hauptkomponente einer Systemkrise<\\\/p><p>AU  - Schulmeister, Stephan<\\\/p><p>N1  - Der Fiskalpakt \u2013 Hauptkomponente einer Systemkrise<\\\/p><p>PY  - 2014\\\/10<\\\/p><p>Y1  - 2014\\\/10<\\\/p><p>N2  - Mit dem seit 2013 g\u00fcltigen Fiskalpakt und seiner Umsetzung hat die Politik in der EU wesentliche Forderungen der ideologischen Hauptgegner des Europ\u00e4ischen Sozialmodells, der \\\"Schule von Chicago\\\", \u00fcbernommen. Erstens wird mit dem Pakt die Fiskalpolitik noch enger an Regeln gebunden, gleichzeitig soll das strukturelle Defizit durch Deregulierung der M\u00e4rkte, insbesondere des Arbeitsmarktes verringert werden. Zweitens sch\u00e4tzt die Europ\u00e4ische Kommission das strukturelle Defizit mit Hilfe des Konzepts der nat\u00fcrlichen Arbeitslosenquote (NAWRU). Drittens wird unterstellt, dass Sparpolitik keine negativen Folgen f\u00fcr Produktion und Besch\u00e4ftigung hat. Der Fiskalpakt ist zu einer Hauptkomponente jener neoliberalen \\\"Navigationskarte\\\" geworden, welche Wirtschaft und Gesellschaft in Europa immer tiefer in eine Systemkrise f\u00fchrt.<\\\/p><p>AB  - Mit dem seit 2013 g\u00fcltigen Fiskalpakt und seiner Umsetzung hat die Politik in der EU wesentliche Forderungen der ideologischen Hauptgegner des Europ\u00e4ischen Sozialmodells, der \\\"Schule von Chicago\\\", \u00fcbernommen. Erstens wird mit dem Pakt die Fiskalpolitik noch enger an Regeln gebunden, gleichzeitig soll das strukturelle Defizit durch Deregulierung der M\u00e4rkte, insbesondere des Arbeitsmarktes verringert werden. Zweitens sch\u00e4tzt die Europ\u00e4ische Kommission das strukturelle Defizit mit Hilfe des Konzepts der nat\u00fcrlichen Arbeitslosenquote (NAWRU). Drittens wird unterstellt, dass Sparpolitik keine negativen Folgen f\u00fcr Produktion und Besch\u00e4ftigung hat. Der Fiskalpakt ist zu einer Hauptkomponente jener neoliberalen \\\"Navigationskarte\\\" geworden, welche Wirtschaft und Gesellschaft in Europa immer tiefer in eine Systemkrise f\u00fchrt.<\\\/p><p>KW  - Sparpolitik<\\\/p><p>KW  - Staatsverschuldung<\\\/p><p>KW  - Strukturdefizit<\\\/p><p>KW  - strukturelle Arbeitslosigkeit<\\\/p><p>KW  - Sparpolitik<\\\/p><p>KW  - Staatsverschuldung<\\\/p><p>KW  - Strukturdefizit<\\\/p><p>KW  - strukturelle Arbeitslosigkeit<\\\/p><p>M3  - WIFO-Schriftenreihen<\\\/p><p>JO  - WIFO Working Papers<\\\/p><p>JF  - WIFO Working Papers<\\\/p><p>ER  - <\\\/p><\\\/div>\"}","scientific_assistance":"[]","scientific_review":"[]","version":"","release_date":null,"expiration_date":null,"surveyor":"","research_assistance":"","edv":"","additional_info_de":"","additional_info_en":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>The Fiscal Compact \u2013 Main Component of a Systemic Crisis - 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