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Europe – Quo Vadis? Reflections on the Future Institutional Framework of the European Union

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  • Horst Siebert

Abstract

With twelve new members the decision making in the European Union via intergovernmental cooperation will become ineffective. The EU is at the Cross Roads. In order to avoid a Stagno‐Europe the EU has a choice: Either it looks for the very essentials in the common institutional framework and adjusts it accordingly or the member states agree in ceding national sovereignty to the European level. This, however, requires that the democratic deficit at the EU level is reduced. The Treaty of Nice has failed to solve these issues. The paper elaborates in detail the non‐essentials and the essentials of European integration and discusses the basics of an approach to a constitution‐like arrangement for Europe.

Suggested Citation

  • Horst Siebert, 2002. "Europe – Quo Vadis? Reflections on the Future Institutional Framework of the European Union," The World Economy, Wiley Blackwell, vol. 25(1), pages 1-32, January.
    • Handle: RePEc:bla:worlde:v:25:y:2002:i:1:p:1-32
    DOI: 10.1111/1467-9701.00418
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    Cited by:

    1. Magnus Wiberg, 2015. "The comparative political economy of the location of industry," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 48(1), pages 134-154, February.
    2. Friedrich Gröteke & Wolfgang Kerber, 2004. "The Case of Ryanair – EU State Aid Policy on the Wrong Runway," Marburg Working Papers on Economics 200413, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    3. Siebert, Horst, 2001. "How the EU can move to a higher growth path: some considerations," Kiel Discussion Papers 383, Kiel Institute for the World Economy.
    4. Magnus Wiberg, 2009. "Location equilibrium with endogenous rent seeking," Journal of Economic Geography, Oxford University Press, vol. 9(6), pages 869-887, November.
    5. Gregor Van Der Beek & Larry Neal, 2004. "The Dilemma of Enlargement for the European Union's Regional Policy," The World Economy, Wiley Blackwell, vol. 27(4), pages 587-607, April.
    6. Herbert Brücker & Philipp J. H. Schröder & Christian Weise, 2003. "Doorkeepers and Gatecrashers: EU Enlargement and Negotiation Strategies," Discussion Papers of DIW Berlin 342, DIW Berlin, German Institute for Economic Research.
    7. Gröteke Friedrich & Kerber Wolfgang, 2004. "The Case of Ryanair - EU State Aid Policy on the Wrong Runway," ORDO. Jahrbuch für die Ordnung von Wirtschaft und Gesellschaft, De Gruyter, vol. 55(1), pages 313-332, January.
    8. Magnus Wiberg, 2015. "The comparative political economy of the location of industry," Canadian Journal of Economics, Canadian Economics Association, vol. 48(1), pages 134-154, February.
    9. Christian Weise, 2002. "How to Finance Eastern Enlargement of the EU," Discussion Papers of DIW Berlin 287, DIW Berlin, German Institute for Economic Research.
    10. Köves, András, 2003. "A KGST-kereskedelemtől az EU-csatlakozásig A kereskedelmi reorientáció néhány főbb kérdése a rendszerváltó országokban, különös tekintettel Magyarországra, II. Reorientáció után - a tagság küszöbén [From Comecon trading to EU accession. Issues of ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 765-778.

    More about this item

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • F00 - International Economics - - General - - - General
    • D70 - Microeconomics - - Analysis of Collective Decision-Making - - - General

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