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The institutions of the European Union are gaining more and more power at the expense of national and local governments, as well as individuals and private businesses. There would appear to be no reverse gear in this process, while objections from the general public, as expressed in periodic...
Persistent link: https://www.econbiz.de/10014204158
After the financial and economic crisis in Europe, a broad consensus has emerged that a stronger fiscal dimension may …
Persistent link: https://www.econbiz.de/10012837540
We empirically analyze the determinants of the fiscal decentralization in the European Union. Our approach consists on a quantile regression for the period 2005-2017. The results show the differences in the impact of explanatory variables on the fiscal decentralization by quantiles....
Persistent link: https://www.econbiz.de/10012821280
After the financial and economic crisis in Europe, a broad consensus has emerged that a stronger fiscal dimension may …
Persistent link: https://www.econbiz.de/10012832356
The purpose of the European internal market is to allow all firms in the Union to compete freely, without artificial barriers built up to protect them. The Treaty provisions and the subsequent case law are quite comprehensive and they are meant to eliminate restrictive regulatory barriers,...
Persistent link: https://www.econbiz.de/10013011293
Consolidation or fragmentation for financial regulators? This debate has gained importance since the 2007-2009 financial crisis. The financial services sector has changed considerably over the last 25 years. Financial institutions have evolved from domestic firms engaged in distinct insurance,...
Persistent link: https://www.econbiz.de/10013037183
process in Europe, addressing its governance and contents, as well as its consequences and implications for Europe's economy …
Persistent link: https://www.econbiz.de/10013044362
structures of medieval Europe, but this explanation has been replaced by arguments favoring state capacity. Here we revitalize … the ‘polycentric Europe' hypothesis and argue it is a complement to state capacity explanations. We develop a new …
Persistent link: https://www.econbiz.de/10012936468
This paper measures the capacity of the EU budget to operate two traditional functions of public finances: redistribution and stabilisation. It uses a large dataset covering all actual revenues and expenditures of the budget, over 16 years (from 2000 to 2015) in each Member State of the EU. It...
Persistent link: https://www.econbiz.de/10012851842
This paper provides an up-to-date overview of the gradual development of differentiated integration and the ensuing changes in the nature of European integration. It considers the dynamics of deepening and widening of the EU and proposes the metaphor of a 'European Onion' that is designed to...
Persistent link: https://www.econbiz.de/10014218320