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The EU at sixty: A watershed or business as usual? (Comparing Grexit to Brexit)

László Csaba ()
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László Csaba: CEU, Budapest

Acta Oeconomica, 2016, vol. 66, issue supplement1, 61-75

Abstract: This essay is an attempt to put two major events in a broader perspective. Comparing the two dominant discourses, we attempt to address the meaning and thus the strategic options of European integration at a time of crisis. A political economy approach is adopted to explain the different dynamics of the two cases and to specify conditions for a more efficient integration in the years to come. Some proposals for policy reform conclude.

Keywords: European Union; UK; Greece; community method; crisis management; inter-govern-mentalism; ESM; financial market integration; political economy; cohesion; CFSP; special relationships (search for similar items in EconPapers)
JEL-codes: F5 E6 O5 (search for similar items in EconPapers)
Date: 2016
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