EconPol Forum

EconPol Forum (formerly CESifo Forum) is a bi-monthly English-language journal to bring economic analysis on topics of worldwide interest along with policy advice to a broad range of policymakers and the public.

In September 2022 the CESifo Forum was restructured into four sections under the new EconPol brand. The first, Policy Debate of the Hour, recognizes the constantly evolving nature of policy challenges, focusing on the most pressing issues of the times. Leading researchers are invited to share their insights and policy conclusions. The Economic Policy and its Impact section assesses economic policies and develops robust evidence for their optimal design and implementation. In the Institutions Across the World section, contributors focus on the key role that institutional design plays in shaping socio-economic outcomes, often by comparing institutions across economic and political systems. Finally, Big Data-Based Economic Insights presents articles that glean economic policy advice from the exploitation of large, complex datasets.

Semantic Shifts in EU Competition Law: A Data-driven Study of Policy Goals

BIG-DATA-BASED ECONOMIC INSIGHTS

Anselm Küsters

Since its inception, European competition law has been a battleground for different interpretations and ideologies. As a result, concepts ranging from market integration and individual freedom to socially optimal market structures have constantly vied for influence alongside efficiency-oriented arguments reminiscent of the Chicago School. This tapestry of ideas underscores the multifaceted nature of competition policy – a policy that is inextricably linked to the specific “DNA” of its legal regime and its hierarchy of policy goals. In order to dissect and understand this DNA for the European case, this article uses natural language processing (NLP), also known as text mining, to examine over 11,000 EU competition law decisions and judgments from 1961 to 2021.

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Economic Causes for the Rise of Populist and Nationalist Movements

Florian Dorn, David Gstrein and Florian Neumeier

In recent years, radical right-wing political groups and populist movements have strongly gained popularity in many Western democracies. The presidency of Donald Trump and the increasing political polarization in the US, the Brexit vote in the UK, as well as the electoral successes of nationalist parties in many Western countries – such as the Alternative für Deutschland (AfD) in Germany, Rassemblement National in France, the Sweden Democrats, or the Movimento 5 Stelle, Lega, or Fratelli d’Italia in Italy – serve as evidence of this trend. One of the key features of many of these movements is an anti-establishment, anti-immigration, and anti-globalization rhetoric. In this article, we summarize the existing literature studying the extent to which economic causes contribute to the rise in populism.

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BRICS Enlargement – What Are the Geoeconomic Implications?

Alicia Garcia Herrero, Mark N. Katz, Pádraig Carmody, Günther Maihold, Isabella Gourevich, Dorothee Hillrichs and Camille Semelet

In January 2024, five politically and economically heterogeneous countries ‒ Saudi Arabia, Iran, Ethiopia, Egypt, and the United Arab Emirates ‒ joined the BRICS. The BRICS+ countries now represent around 45 percent of the world’s population and around a third of global GDP. The BRICS were originally founded as an economic alternative to the Western bloc led by the USA and the EU. The idea was to offer the countries of the Global South a counterweight to Western institutions. The current change in the geopolitical and geoeconomic framework has driven the expansion of the BRICS. And it will also play an important role in shaping the international order of tomorrow.

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Mentoring Improves the School-to-work Transition of Disadvantaged Adolescents

ECONOMIC POLICY AND ITS IMPACT

Sven Resnjanskij, Jens Ruhose, Katharina Wedel, Simon Wiederhold and Ludger Woessmann

This article evaluates the effectiveness of one of the largest mentoring programs for disadvantaged adolescents in Germany. The aim of the program “Rock Your Life!” is the successful transition of adolescents from lower secondary school to an apprenticeship or upper secondary school. Mentoring programs can strongly improve the transition from school to work for disadvantaged adolescents. The results show that substituting a lack of family support with other adults can help disadvantaged children in adolescence.

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Why Moving towards a Strong Decentralized Federal State Would Be Beneficial for the European Union

INSTITUTIONS ACROSS THE WORLD

Vesa Kanniainen

Few politicians dare to think aloud about federal models for the European Union. Even as a concept, the federal state is problematic. The perception of an unwieldy organization arises when the goal is a light consensus federation, where the Commission’s power is limited and the member states have more power to run their own affairs. In the European Parliament elections, each state still has its own electoral district. Some member states are divided into several constituencies. There is no need for EU-wide elections at the parliamentary level, nor EU-wide parties.

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