Economic Policy Coordination and Policy Regimes in the European Union. EPIN Working Paper No. 2, July 2002

Micossi, Stafano. (2002) Economic Policy Coordination and Policy Regimes in the European Union. EPIN Working Paper No. 2, July 2002. [Working Paper]

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Abstract

[From the Introduction]. This paper discusses three regimes for the coordination of economic policies in the EC Treaty – "pillar one" of the European Union – namely the Single Market, macro-economic policy coordination, and the Open Coordination Method increasingly applied to a broad range of social policies to foster their "convergence". For each regime, the paper highlights the relationship between policy goals and institutional design, and the evolutionary forces at work. An overall assessment of their interaction in shaping "pillar one" economic policies concludes the paper.

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