On policy autonomy, coordination, harmonization and centralization in integrating Europe

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F15%3A43906222" target="_blank" >RIV/62156489:43110/15:43906222 - isvavai.cz</a>
Result on the web
<a href="https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf" target="_blank" >https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
On policy autonomy, coordination, harmonization and centralization in integrating Europe
Original language description
The article discusses the question of whether policies in the integrating European Union should head towards autonomy, coordination or harmonization. Taking the path dependence effect into consideration, in our opinion, Europe has gone too far in its integration process to be able to continue with policies being fully under the competences of individual member countries. In addition, the establishment of the common currency in the EU as a result of deep harmonization in the monetary policy area is an unambiguous precedent with many consequences. Within this context, should fiscal policy be harmonized to a comparable level as monetary policy? We argue it should not. We employ the arguments from the theory of fiscal federalism, which recommends strengthening of stabilization function of the public finance; typically in form of rules and surveillance institutions (e.g., Fiscal Compact, the Six-Pack, European Semester). On the contrary, these authors usually refuse intensification of redis
Czech name
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Czech description
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Project
<a href="/en/project/7E12049" target="_blank" >7E12049: Welfare, Wealth and Work for Europe</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Enterprise and Competitive Environment: Conference Proceedings
ISBN
978-80-7509-342-4
ISSN
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e-ISSN
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Number of pages
10
Pages from-to
404-413
Publisher name
Mendelova univerzita v Brně
Place of publication
Brno
Event location
Brno
Event date
Mar 5, 2015
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
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