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The United States of Europe - The Global Player (Hardcover)
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The United States of Europe - The Global Player (Hardcover)
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Europe is currently caught in a malfunction triangle between
national politics, European policies, and global markets. Moreover,
the democratic politics of the EU have remained national. Moreover,
a single currency has been established without establishing a set
of institutions to facilitate any regions of Europe to operate
efficiently. The European area has been going through a lengthened
period of weak economic activity and very low inflation, and there
is a need to strengthen its Economic and Monetary Union, based on
political stability, so as to upsurge its resilience to economic
shocks. To that extent, uncertainty and political fragmentation
have been amplified significantly in the aftermath of financial
crises, which have been economically destructive, making crisis
resolution more problematic. The crisis across Europe has led to a
failure in confidence in European institutions, leading to
political fragmentation of positions among Member States, and
stirring up nationalistic instincts. This has impeded
decision-making, averting the formation of a common growth
strategy. Nevertheless, it is essential to move towards the
establishment of the United States of Europe in order to avoid the
collapse and disintegration of the EU.
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