Rediscovering Economic Policy in Europe?

Abstract

This paper, on the one side, deals with developments in economic policy as a discipline and, on the other, tries to check whether the recent pandemic has had (or could have) an influence on the direction of changes of the European Union institutional design, which was born under the influence of free-market doctrine and the Ordnungspolitik, now outdated. The provisions implemented due to the pandemic could (or could not) be a durable route for pursuing a number of targets, among which promotion of economic growth and reduction of inequality within and among European countries.