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Rush to Union – Understanding the European Federal Bargain | Oxford Scholarship Online
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Rush to Union: Understanding the European Federal Bargain

David McKay

Abstract

The decision of Maastricht to create a political union and in particular to move towards a single currency constitutes something of an intellectual puzzle. Why did political leaders agree to cede the most important economic function of the modern state to a supranational authority? And why was the decision taken in 1991 rather than 1981 or 1961? This book attempts to answer these questions by adapting William Rikers's federalism theory to the European case. Part I of the book makes the claim that by the late 1980s political elites in all the European Union (EU) member states had become convinc ... More

Keywords: European bank, single currency, fiscal centralization, political centralization, European Parliament, European Union, economic nationalism

Bibliographic Information

Print publication date: 1996 Print ISBN-13: 9780198280583
Published to Oxford Scholarship Online: October 2011 DOI:10.1093/acprof:oso/9780198280583.001.0001

Authors

Affiliations are at time of print publication.

David McKay, author
University of Essex
Author Webpage