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"Beyond EMU: Is there a logical integration sequence?"

Crowley, Patrick M. (2001) "Beyond EMU: Is there a logical integration sequence?". In: UNSPECIFIED, Madison, Wisconsin. (Unpublished)

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    Even before the EMU process is complete in 2002, there are already initiatives being suggested to further integrate the European Union, both from an economic and political perspective. Many of these initiatives focus on harmonization of, for example, indirect taxes or corporate taxes in the economic realm or in terms of creating an EU defense capability in the political realm. To date, the integration dynamic has been from a customs union to a common market and then to monetary union. This paper studies whether after EMU is successfully completed in fiscal integration should be the next logical step in economic arena, or should efforts be made to foster more integration in labor markets, for example. Also, the paper considers various scenarios as to the final outcome of EMU and asks whether the answer to these questions of integration sequencing depends on the final EMU configuration. In terms of analysis, the paper uses the historical path of development adopted by other federations, as well as theoretical considerations from both the economic and political science literature.

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    Item Type: Conference or Workshop Item (UNSPECIFIED)
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > economic and financial affairs > EMU/EMS/euro
    Other > integration theory (see also researching and writing the EU in this section)
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Conference: European Union Studies Association (EUSA) > Biennial Conference > 2001 (7th), May 31-June 2, 2001
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 29 Mar 2006
    Page Range: p. 34
    Last Modified: 15 Feb 2011 17:21

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