Salvaging the European Union: The Inclusive Multi-Track Supranational Option
Rosefielde Steven ()
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Rosefielde Steven: University of North Carolina at Chapel Hill, Department of Economics
HOLISTICA – Journal of Business and Public Administration, 2017, vol. 8, issue 3, 7-18
Abstract:
The EU has many supranational accomplishments to its credit. Frictions nonetheless exist within the EU because some members want to rollback parts of the consensus (“less Europe”) and others want to expand them (“more Europe”). The conflict cannot be amicably resolved as EU leaders are trying to do in a one-track supranational regime because both factions disagree about whether confederation or federation is best. A solution in a one-track system requires one side to capitulate to the other. This is why the EU is at an impasse. However, the conflict is easily resolved by switching from a one-track to a multi-track supranational system that allows advocates of “more Europe” and “less Europe” to do as they like in some areas, while acting collectively wherever consensus permits. The EU already accepts the multi-track principle with regard to the euro and non-euro zones, and could restore harmony to the European project by applying the principle more broadly.
Keywords: EU; Supranationality; one-track supranationality; multi-track supranationality (search for similar items in EconPapers)
JEL-codes: E02 E52 E61 F36 H63 H77 O52 P11 P17 (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:hjobpa:v:8:y:2017:i:3:p:7-18:n:1
DOI: 10.1515/hjbpa-2017-0019
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