Showing 1 - 10 of 257
Persistent link: https://www.econbiz.de/10011695774
Persistent link: https://www.econbiz.de/10005013076
In contrast to parliamentary systems, the Council of Ministers, the main legislative body of the European Union, consists of different formations in which national ministers with similar sectoral portfolios participate. This decision-making structure has led to a 'loss of coherence'. In this...
Persistent link: https://www.econbiz.de/10001750187
This paper examines how neutral the current EU decision-making procedures are to membership and how well they obey certain transparent general constitutional principles. The paper evaluates the performance of the procedures by strategic and classical power indices. The main emphasis in the...
Persistent link: https://www.econbiz.de/10001750273
The monetary policy of the European Central Bank (ECB) is the subject matter of this paper. We analyze the prospects for future price stability in an enlarged European Monetary and Economic Union (EMU). At the heart of this study are the potential e®ects of altering decision-making procedure...
Persistent link: https://www.econbiz.de/10002613380
Driven by the desire to fulfill the Maastricht fiscal criteria and pressed by mounting debt burdens that have accumulated over the past 30 years, a majority of EU-15 countries attempted to reduce their budget deficits during the 1990s. Yet, these nations have exhibited remarkable differences in...
Persistent link: https://www.econbiz.de/10002613417
Persistent link: https://www.econbiz.de/10002154887
The European Union (EU) has moved towards bicameralism, making the codecision procedure its most important mechanism for decision making. To gauge if European Parliament (EP) and Council of Ministers (CM) are equally powerful "codecision makers", understanding of the final stage of the procedure...
Persistent link: https://www.econbiz.de/10001912496
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10001913438
The paper analyzes European integration from a constitutional economics perspective. It is argued that the use of the Prisoners' Dilemma as a description of the advantages of European integration is fallacious. If the situation is a PD, the solution is impossible; if it is not, it is unnecessary
Persistent link: https://www.econbiz.de/10014174870