an agreement, among the 28 Member states of the European Union, to facilitate and maintain the stability of the Economic and Monetary Union; its two regulations went into force in 98-99
six European laws to reform the Maastricht stability and growth pact
six European laws to reform the Maastricht stability and growth pact
(originally Greek) "god from the machine"; derives from the gods introduced by means of a crane in ancient Greek and Roman dramas; something introduced suddenly and unexpectedly that provides a contrived solution to an apparently insoluble difficulty
one is tempted to regard the fast-spreading rhetorical commitment to a new growth policy as the invocation of a deus ex machina able to make everybody equally happy
one is tempted to regard the fast-spreading rhetorical commitment to a new growth policy as the invocation of a deus ex machina able to make everybody equally happy
refers to economic corporatism based on tripartite contracts of business, labour, and state affiliations within the economy
government policy aimed to ensure full employment and a distribution acceptable to the working class, by means of negotiated tripartite incomes
government policy aimed to ensure full employment and a distribution acceptable to the working class, by means of negotiated tripartite incomes
a Marxist term (though never actually used by Karl Marx himself) refering to those who receive income - usually interest, rent, dividends, capital gains, or profits - from their assets and investments
The main competitors of the rentiers, united as the people of the market, are pensioners and public employees as members of the people of the state
The main competitors of the rentiers, united as the people of the market, are pensioners and public employees as members of the people of the state
the theory that argues that the media shapes and frames the processes and discourse of political communication as well as the society in which that communication takes place
Multilevel politics in the international consolidation state brings about the mediatization and neutralization of domestic policies
Multilevel politics in the international consolidation state brings about the mediatization and neutralization of domestic policies
the act or practice of holding a summit meeting, especially to conduct diplomatic negotiations
institutionalized summitry strengthens their hand vis-à-vis their parliaments and national interest groups
institutionalized summitry strengthens their hand vis-à-vis their parliaments and national interest groups
a term borrowed from the financial industry to describe a barrier within an organisation to prevent communication that could lead to conflicts of interest
the insertion of a Chinese wall between the economy and politics
the insertion of a Chinese wall between the economy and politics
anticipated, expected
The spending cuts in prospect will mainly affect [...]
The spending cuts in prospect will mainly affect [...]
a hardening of tissue and other anatomical features / becoming rigid and unresponsive; losing the ability to adapt
the mechanism of structural sclerosis of public expenditure in the consolidation state
the mechanism of structural sclerosis of public expenditure in the consolidation state
word for land/countries, plural
Germany was busy with rebuilding its new Eastern Länder
Germany was busy with rebuilding its new Eastern Länder