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Changing Institutions in the European Union - A Public Choice Perspective (Hardcover, illustrated edition)
Loot Price: R3,268
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Changing Institutions in the European Union - A Public Choice Perspective (Hardcover, illustrated edition)
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This book makes a valuable, analytical contribution to recent
debates on the ongoing institutional changes occurring within the
European Union. It provides a comprehensive and diverse insight
into a variety of areas, including in-depth studies of fiscal,
monetary and voting issues, to help elucidate the current period of
transitional change.The authors argue that a fiscal constitution is
essential to help solve the deficits and debts that member
countries face due to welfare state financing. Moreover, they
believe that the successful implementation of a fiscal constitution
is the key to a more coherent institutional setting for Europe as a
whole. Although monetary institutions within the EU have already
secured a degree of constitutional solution in the form of the
euro, they warn that its stabilising power should not be
overestimated: the European Central Bank has yet to experience
financial crises like those faced by the Federal Reserve Bank. The
authors move on to propose a new parliamentary design for Europe
and assess the advantages for the elite of a small country to join
the EU, compared to the population at large. This volume
comprehensively explores the rapidly changing institutional
configuration of the EU, employing both qualitative and
quantitative approaches. It will be required reading for scholars
of public choice, and those with an interest in political economy
and EU integration. It is also an excellent sourcebook on European
institutions and would provide useful complementary reading in a
variety of undergraduate and postgraduate courses.
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