A Comparative analysis of federations: The Achaean federation and the European Union

Nicholas Kyriazis and Emmanouil-Marios-Lazaros Economou ()

MPRA Paper from University Library of Munich, Germany

Abstract: In the present paper we analyse the emergence of the first federations in history, taking as an example the Achaean one. We analyse its structure decision making, institutions and finances. Then, we compare it to the present European Union and point out similarities and differences. Lastly, we attempt a valuation of the two federations according to two criteria: democratization and community of interest. Our conclusion is that the present European Union lags far behind the Achaean federation according to both criteria and has a long way to go in order to develop into a true federation.

Keywords: Achaean Federation; European Union; economic and political institutions (search for similar items in EconPapers)
JEL-codes: H5 H56 H7 K1 N4 N43 Z13 (search for similar items in EconPapers)
Date: 2013
New Economics Papers: this item is included in nep-law
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:57287

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