Chapter

Economic Governance and Policy Choices

Loukas Tsoukalis

in What Kind of Europe?

Published in print March 2005 | ISBN: 9780199279487
Published online October 2005 | e-ISBN: 9780191602979 | DOI: http://dx.doi.org/10.1093/0199279489.003.0005
 Economic Governance and Policy Choices

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Economic integration in Europe has fuelled debates on the division of powers and responsibilities between the European and national levels, and between regional and local levels. This distribution of powers and responsibilities has implications for market integration, and the conditions under which economic agents compete for market shares. The term ‘economic governance’ has emerged in reference to the appropriate mix between the state and the market, public and private interests, as well as trade-offs between economic efficiency, stability, and equity. This chapter argues that the European debate simply hides or transforms many of the crucial trade-offs and policy choices relating to the kind of Europe, and the kind of society people want to live in. Specific policy areas in European integration are examined.

Keywords: Europe; integration; economic governance; economic policy; EU

Chapter.  19546 words.  Illustrated.

Subjects: European Union

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