Economic situation and government ideology in Europe

Economic situation and government ideology in Europe

In the present European election campaign Jean-Claude Juncker defends the view that European states with conservative governments boast better economic data than their counterparts with socialist governments. This article offers a descriptive analysis of the latest data on key economic policy figure...

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Veröffentlicht in:Ifo schnelldienst 2014-05, Vol.67 (19-20), p.18-25
Hauptverfasser: Potrafke, Niklas, Reischmann, Markus, Riem, Marina, Schinke, Christoph, Streich, David
Format: Artikel
Sprache:ger
Schlagworte:
Economic analysis
Electoral campaigning
Growth policy
Growth rates
Unemployment levels
Western Europe
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Zusammenfassung:In the present European election campaign Jean-Claude Juncker defends the view that European states with conservative governments boast better economic data than their counterparts with socialist governments. This article offers a descriptive analysis of the latest data on key economic policy figures, including figures for the year 2013. Juncker's statement is confirmed as far as debt and deficit/surplus ratios are concerned for the 1995-2013 period. It is, however, only partly true of the primary balance, unemployment rate and youth unemployment rates, and does not apply to GDP growth rates.
ISSN:0018-974X