How to Assess the Policy Orientation of the EU’s NEG Prescriptions?

Chapter 4 first reviews earlier studies of the EU’s new economic governance (NEG) regime and discusses the methodological challenges that they pose for the assessment of NEG documents. Earlier studies of NEG policy prescriptions flattened the semantic relationships between the different terms used in them and the power relations between the actors involved in their production. We therefore outline a novel research design that accounts for the links between the policy orientation of NEG prescriptions and the material interests of concrete social groups as well as the hierarchical ordering of NEG prescriptions in larger policy scripts unevenly deployed across countries, time, and policy areas. We address the first point in Chapter 4 and the second in Chapter 5. In 4.2, we identify commodification as the most relevant dimension for analysing the nexus between EU economic governance and labour politics. In 4.3, we operationalise the concepts of commodification and decommodification in employment relations and public services and outline the analytical framework against which we assess the policy orientation of the EU’s NEG prescriptions in the policy areas of employment relations and public services.