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A Political Economy of the Measurement of InflationThe European Turning Point

A Political Economy of the Measurement of Inflation: The European Turning Point [This chapter analyses a major European turning point which, following the introduction of the Maastricht criteria and then the transition to the euro, transformed the political and economic context. With the introduction of the harmonised index of consumer prices Harmonized Index of Consumer Price (HICP) and the increased role played by Eurostat, the chapter describes some transformations in the measure itself: the new focus on European integration and the increased circulation of mainstream ideas, revitalised by the emergence of neoliberal ideas in the USA, led eventually to a questioning of the very principle of a measure computed close to the market.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Political Economy of the Measurement of InflationThe European Turning Point

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References (12)

Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020
ISBN
978-3-030-59939-3
Pages
49 –71
DOI
10.1007/978-3-030-59940-9_3
Publisher site
See Chapter on Publisher Site

Abstract

[This chapter analyses a major European turning point which, following the introduction of the Maastricht criteria and then the transition to the euro, transformed the political and economic context. With the introduction of the harmonised index of consumer prices Harmonized Index of Consumer Price (HICP) and the increased role played by Eurostat, the chapter describes some transformations in the measure itself: the new focus on European integration and the increased circulation of mainstream ideas, revitalised by the emergence of neoliberal ideas in the USA, led eventually to a questioning of the very principle of a measure computed close to the market.]

Published: Jan 13, 2021

Keywords: Eurostat; Harmonized Index of Consumer Price (HICP); Maastricht Treaty; Perception of inflation

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