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The European Union and Supranational Political Economy (Paperback)
Loot Price: R1,094
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The European Union and Supranational Political Economy (Paperback)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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The financial crisis - originated in 2008 in the United States -
had a dramatic impact on the world economy. The European Union was
immediately involved, but its reaction to the crisis was clearly
inadequate. The misgovernment of the European economy not only put
at risk the European Monetary Union, but it also caused further
hindrances to the recovery of the global economy. The global
financial turmoil shook deep-rooted beliefs. The doctrine of
international neo-liberalism is more and more criticized.
Nevertheless, the critics of neo-liberalism focus their attention
on the relationship between the state and the market, as if the
nation states, with their international organisations, have enough
power for an effective global governance of the world economy. The
model of European supranational integration, though seriously
imperfect, can suggest some new way out from the crisis - even at
the world level - based on a new relationship between the
supranational government of the Union and the market. In this book,
several academic disciplines are involved: international economics,
international political economy, international law, international
relations, political theory and democratic theory. Adopting such a
multidisciplinary theoretical perspective, the volume tries to
answer the following question: Is a more supranational Europe able
to provide a better government of the EMU? Does this reform involve
more European democracy?
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