Articles liés à Rush to Union: Understanding the European Federal Bargain

Rush to Union: Understanding the European Federal Bargain - Couverture rigide

McKay, David

 
9780198280583: Rush to Union: Understanding the European Federal Bargain
Couverture rigide
ISBN 10 : 0198280580 ISBN 13 : 9780198280583
Editeur : Clarendon Press, 1996

Synopsis

The decision of Maastricht to create a political union and in particular to move towards a single currency constitutes something of an intellectual puzzle. Why did political leaders agree to cede the most important economic function of the modern state to a supernational authority? And why was the decision taken in 1991 rather than 1981 or 1961? This book attempts to answer these questions by adapting William Rikers's federalism theory to the European case.
Part I of the book makes the claim that by the late 1980s political elites in all the EU member states had become convinced that inflation must be controlled at all costs and that the only way of ensuring this was the adoption of a single currency policy policed by an independant European bank. Alternative policies based on economic nationalism were discredited and no major political party in any of the EU states dissented from the single currency solution. The commitment to the resulting federal bargain became evident during the currency crisis of 1992 and 1993 when governments of both left and right pursued deflationary policies in the midst of a recession in order to retain their credibility as potential candidates for monetary union.
Part II considers the viability of union by examining the relationship between fiscal centralization and political centralization in Europe and in other federations. It is argued that given the variations among member states, European union can only work with a relatively strong federal government accountable via Europe-wide political parties operating in a powerful European Parliament. The book concludes that European political union is not tenable in the absence of these fundamental changes.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Présentation de l'éditeur

The decision of Maastricht to create a political union and in particular to move towards a single currency constitutes something of an intellectual puzzle. Why did political leaders agree to cede the most important economic function of the modern state to a supernational authority? And why was the decision taken in 1991 rather than 1981 or 1961? This book attempts to answer these questions by adapting William Rikers's federalism theory to the European case. Part I of the book makes the claim that by the late 1980s political elites in all the EU member states had become convinced that inflation must be controlled at all costs and that the only way of ensuring this was the adoption of a single currency policy policed by an independant European bank. Alternative policies based on economic nationalism were discredited and no major political party in any of the EU states dissented from the single currency solution. The commitment to the resulting federal bargain became evident during the currency crisis of 1992 and 1993 when governments of both left and right pursued deflationary policies in the midst of a recession in order to retain their credibility as potential candidates for monetary union. Part II considers the viability of union by examining the relationship between fiscal centralization and political centralization in Europe and in other federations. It is argued that given the variations among member states, European union can only work with a relatively strong federal government accountable via Europe-wide political parties operating in a powerful European Parliament. The book concludes that European political union is not tenable in the absence of these fundamental changes.

Revue de presse

Elegant ... His illuminating and refreshingly eclectic approach borrows equally from rational choice theory and the realist approach in international relations. (Times Higher Education Supplement)

McKay's synthesis of European developments is succinct, persuasive within its own terms of reference, and challenging, but would require a far more rigorous evaluation of identity and politics to be complete. - Derek Urwin. Regional & Federal Studies.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Clarendon Press
Date d'édition
1996
Langue
anglais
ISBN 10 
0198280580
ISBN 13 
9780198280583
Reliure
Relié
Nombre de pages
192
Coordonnées du fabricant
non disponible
Personne responsable
Ufficio Anagrafiche Messaggerie
ufficio.anagrafiche@meli.it

Via Verdi, 8
Assago Milano
20090
Italie