Category=JPA
Category=JPHC
Category=JPSN
Category=KCP
eq_bestseller
eq_business-finance-law
eq_isMigrated=0
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
eq_society-politics
Product details
- ISBN 9780198296775
- Weight: 262g
- Dimensions: 138 x 216mm
- Publication Date: 28 Oct 1999
- Publisher: Oxford University Press
- Publication City/Country: GB
- Product Form: Paperback
Secure
checkout
Fast Shipping
Easy returns
Federalism and European Union examines the decision to adopt EMU as a federal bargain by the European Union as designed to provide the countries of Europe with a bulwark against the volatility of the international economy. Although the precise motives of the participants varied 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 author provides a coherent theoretical framework for understanding the decisions taken at Maastricht and later. By making comparisons with other federations, the book also examines the political and economic conditions under which federations succeed or fail. It concludes that EMU will only be politically sustainable if novel ways are found to limit centrally imposed fiscal and spending policies.
David McKay is Professor of Government, University of Essex.
