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Changing Institutions in the European Union

A Public Choice Perspective

Changing Institutions in the European Union by G.Eusepi
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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.
Edward Elgar Publishing; January 2004
240 pages; ISBN 9781845420581
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Title: Changing Institutions in the European Union
Author: G.Eusepi; F. Schneider
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