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

Kód výsledku v 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>

Výsledek na webu

<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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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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

Název v anglickém jazyce

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

Popis výsledku anglicky

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

Druh

D - Stať ve sborníku

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

<a href="/cs/project/7E12049" target="_blank" >7E12049: Welfare, Wealth and Work for Europe</a><br>

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Enterprise and Competitive Environment: Conference Proceedings

ISBN

978-80-7509-342-4

ISSN

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e-ISSN

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Počet stran výsledku

10

Strana od-do

404-413

Název nakladatele

Mendelova univerzita v Brně

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

5. 3. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

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