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Governing Europe Efficiently: An Analysis into the Theory of Public Goods and Democratic Legitimation for the Eurozone, with Examples from the USA and Canada

©2014 Textbook 96 Pages

Summary

Europe’s Economic and Monetary Union (EMU) is in urgent need of reform. The Euro crisis has exposed this need in a dramatic and unprecedented fashion. Yet, crisis reactions on behalf of Eurozone policy-makers have been piecemeal and hesitant, instead of constituting effective reforms capable of remedying the weaknesses of the EMU’s system of governance.<br>This book, compiled by five scholars of the University of Hamburg, provides an in-depth analysis of the flaws of Eurozone governance by means of an innovative analytical framework based on fiscal federalism theory and game theory, further enriched by insights of theories of democratic legitimation. Its major focus is on understanding Eurozone governance as the provision of different types of public goods, each of which requires an adequate governmental structure. The study is enhanced by lessons from historical developments in currency unification in the US and in Canada which help to put the Eurozone’s woes into perspective. On the whole, this book may serve as a comprehensive guide for policy-makers, scholars and all others interested in finding a long-term solution to preserving and stabilizing the Eurozone.

Details

Pages
96
Type of Edition
Erstausgabe
Year
2014
ISBN (eBook)
9783954898275
ISBN (Softcover)
9783954893270
File size
849 KB
Language
English
Publication date
2014 (October)
Keywords
governing europe efficiently analysis theory public goods democratic legitimation eurozone examples canada
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Title: Governing Europe Efficiently: An Analysis into the Theory of Public Goods and Democratic Legitimation for the Eurozone, with Examples from the USA and Canada