Federalism and European Union identifies the decision to adopt EMU as a federal bargain between the member states and the European Union designed to provide vulnerable economies with a bulwark against inflation and a volatile international economy. Although the precise motives of the participants varies from country to country, all were agreed that only federal-like political and economic arrangements would provide a guarantee of economic and political stability. The decision to cede control of one of the most important of all government functions - macro economic policy - to a central authority marks Maastricht out as quite different from all the previous and subsequent moves towards European integration.
The author provides a coherent theoretical framework for understanding both the origins and the political implications of this decision. By making comparisons with other federations, the book examines the political and economic conditions under which federations succeed or fail. It concludes the EMU will only be politically sustainable if novel ways are found to limit centrally imposed fiscal and spending policies.
`offers a welcome contribution to the highly salient debate on the European Union as a federal system and raises significant questions about the political implications of the EMU.' Nick Sitter, West European Politics, Vol.24, No.1, Jan 2001 `this is a useful and thought-provoking contribution to a subject from which most political scientists continue to take evasive action' Michael Burgess, Political Studies Vol 49, No 2, June 2001 `an interesting short survey' Michael Burgess, Political Studies Vol 49, No 2, June 2001 `a coherent theoretical framework for understanding both the origins and the political implications of the decisions taken at Maastricht.' European Access Plus/ European Access, Aug. 2000.
|The Puzzle of European Union||p. 3|
|Federal Theory and European Union||p. 15|
|Understanding European Union I: 1945-1982||p. 37|
|Understanding European Union Ii: 1983-1992||p. 68|
|Aftermath, 1992 and 1993||p. 103|
|Prospects for the European Federal Bargain||p. 174|
|Table of Contents provided by Publisher. All Rights Reserved.|
Number Of Pages: 216
Published: 1st January 2000
Publisher: Oxford University Press
Country of Publication: GB
Dimensions (cm): 21.6 x 13.8 x 1.3
Weight (kg): 0.26