Globalization, Competitive Governments, and Constitutional Choice in Europe

Albert Breton and Heinrich Ursprung

Chapter 13 in Europe and Globalization, 2002, pp 274-301 from Palgrave Macmillan

Abstract: Abstract The landscape of globalization presents a remarkably rugged appearance.1 This is true if one adopts a genuinely global view. Differences in the extent of global market integration are, however, also discernible if one adopts a narrower (Western) European perspective.2 The European Union was set up half a century ago with the express purpose of achieving deep economic integration. Despite the remaining differences in integration among member states, the initiative has proved to be remarkably successful.3 The European countries have attained a level of economic integration that provides substantial static gains from trade and significant dynamic gains from increased market competition.4

Keywords: Public Choice; Economic Integration; Market Integration; Political Competition; Yardstick Competition (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3767-4_14

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DOI: 10.1057/9781403937674_14

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