The Economic Tasks of the Federation

Luca Einaudi, Riccardo Faucci and Roberto Marchionatti

Chapter 18 in Luigi Einaudi, 2006, pp 250-257 from Palgrave Macmillan

Abstract: Abstract From an economic point of view, European federation means the assignment to the federal authority of some economic tasks defined on an exclusive basis in the document constituting the federation, defined, that is, in such a way that the federal authority has the power to attend only to the tasks included in the list, all the other tasks not on the list remaining within the competence of the individual federated states. It is useful, therefore, with a view to attenuating the suspicions and fears of large bodies of opinion or of strong interest groups, to reduce the number of tasks assigned to the federation at the beginning to the indispensable minimum. With time, experience and growing popular consensus will allow the list of tasks to be expanded, in accordance with the formalities prescribed for the approval of amendments to the federal constitution; formalities which will certainly not be easy to observe: a special majority, greater than half the votes of the two chambers of the federal parliament, a special majority of the federated states expressed through an ad hoc procedure. If the obstacles to approval of the amendments are overcome, this will be because the expansion of the tasks of the federal authority will have become part of the consciousness of the great majority of the citizens of the federation and of most of the federated states, persuaded of the benefits obtained in the light of experience.

Keywords: Central Bank; Federate State; European Federation; Domestic Prex; Custom Duty (search for similar items in EconPapers)
Date: 2006
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-52297-8_19

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230522978

DOI: 10.1057/9780230522978_19

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().