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Book synopsis

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.

Book details

Book category Books in English Society & social sciences Politics & government International relations

• Full title: Federalism and European Union
• Subtitle: A Political Economy Perspective
• Author: David McKay
• Language: English
• Binding: Paperback
• Number of pages: 216
• EAN: 9780198296775
• ISBN: 0198296770
• ID: 04525365
• Publisher: Oxford University Press
• Weight: 262 g
• Dimensions: 216 × 138 × 13 mm
• Date of publishing: 01. January 2000

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