Politics Against Economic Models

How Economic Models and EU Rules Disarmed the Politicians and Saved the Economy of Denmark

Publikation: KonferencebidragKonferenceabstrakt til konferenceForskningpeer review

Resumé

The paper uses Denmark as its case show how a combination of supranational institutions in the form of EU-regulation and black boxed institutions in the form of economic models from the 1970’s up till today shape the room of maneuver for government’s economic policy. Both the EU legislation as well as the economic models effectively decouple the economy from national politics and limit the room of maneuver of politicians who are bound by rules they have created but which are now often beyond their reach. The Danish politicians made a political choice to de-politicize the economic policy to save the country’s economy after a period of economic chaos. The paper argues that this institutional development has important implications for our understanding of the relationship between capitalism and democracy.
OriginalsprogEngelsk
Publikationsdato2019
Antal sider1
StatusUdgivet - 2019
BegivenhedThe 3rd Nordic Challenges Conference - Copenhagen Business School, Frederiksberg, Danmark
Varighed: 6 mar. 20198 mar. 2019
Konferencens nummer: 3
https://www.tilmeld.dk/thirdnordicchallenges

Konference

KonferenceThe 3rd Nordic Challenges Conference
Nummer3
LokationCopenhagen Business School
LandDanmark
ByFrederiksberg
Periode06/03/201908/03/2019
Internetadresse

Citer dette

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Fuglsang, N 2019, 'Politics Against Economic Models: How Economic Models and EU Rules Disarmed the Politicians and Saved the Economy of Denmark' The 3rd Nordic Challenges Conference, Frederiksberg, Danmark, 06/03/2019 - 08/03/2019, .

Politics Against Economic Models : How Economic Models and EU Rules Disarmed the Politicians and Saved the Economy of Denmark. / Fuglsang, Niels.

2019. Abstract fra The 3rd Nordic Challenges Conference, Frederiksberg, Danmark.

Publikation: KonferencebidragKonferenceabstrakt til konferenceForskningpeer review

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AB - The paper uses Denmark as its case show how a combination of supranational institutions in the form of EU-regulation and black boxed institutions in the form of economic models from the 1970’s up till today shape the room of maneuver for government’s economic policy. Both the EU legislation as well as the economic models effectively decouple the economy from national politics and limit the room of maneuver of politicians who are bound by rules they have created but which are now often beyond their reach. The Danish politicians made a political choice to de-politicize the economic policy to save the country’s economy after a period of economic chaos. The paper argues that this institutional development has important implications for our understanding of the relationship between capitalism and democracy.

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