EUROPEAN UNION: CAN FEDERALISM BECOME THE CHIEF INTEGRATION THEORY?

Iris Šimíková

Acta Oeconomica Pragensia, 2009, vol. 2009, issue 1, pages 27-44

Abstract: Federation is one type of state characterised by a contractual and constitutional structure, multilevel power redistribution, a written constitution, and duality of power. Federalism is a philosophy and a political instrument enabling a federation to function. The principle of federalism is an aggregation of cultural, social, economic, linguistic, and intellectual disparities within a federation. Federalism can become a mainstream integration theory: the present MLG can be defined as an umbrella theory based on the federalist principles. The EU can be defined as a specific type of evolving, decentralised federation. Finally, fiscal federalism can provide EU policy with a significant instrument.

Keywords: integration; fiscal federalism; federalism; European Union (search for similar items in EconPapers)
JEL-codes: H11 H69 H77 (search for similar items in EconPapers)
Date: 2009

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