Flexible Integration, EMU and Relative Voting Power in the EU
This paper studies the implications of flexible integration in the European Union. It analyses the voting power of member states in the Council of Ministers when differently sized subgroups of the EU are set up. European Monetary Union is referred to as the most important example of flexible integration. The Banzhaf-Index is calculated to study the distribution of voting power in the decision making process according to the stability and growth pact. The results show considerable fluctuations, especially for smaller countries, in relative voting power, the latter being defined as the relation between voting power and relative voting weight. Copyright 2000 by Kluwer Academic Publishers
Volume (Year): 104 (2000)
Issue (Month): 1-2 (July)
|Contact details of provider:|| Web page: http://www.springer.com|
|Order Information:||Web: http://www.springer.com/economics/public+finance/journal/11127/PS2|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mathias Dewatripont & Francesco Giavazzi & Jürgen von Hagen & Ian Harden & Didier Baudewyns & Gérard Roland & Howard Rosenthal & André Sapir & Guido Tabellini, 1995. "Flexible integration: towards a more effective and democratic Europe," ULB Institutional Repository 2013/9541, ULB -- Universite Libre de Bruxelles.
- Beetsma, Roel & Uhlig, Harald, 1997.
"An Analysis of the 'Stability Pact',"
CEPR Discussion Papers
1669, C.E.P.R. Discussion Papers.
- Turnovec, Frantisek, 1997. "The Double Majority Principle and Decision Making Games in Extending European Union," East European Series 48, Institute for Advanced Studies.
- Widgren, Mika, 1995. " Probabilistic Voting Power in the EU Council: The Cases of Trade Policy and Social Regulation," Scandinavian Journal of Economics, Wiley Blackwell, vol. 97(2), pages 345-56, June.
- Garrett, Geoffrey & Tsebelis, George, 1996. "An institutional critique of intergovernmentalism," International Organization, Cambridge University Press, vol. 50(02), pages 269-299, March.
- Bindseil, Ulrich & Hantke, Cordula, 1997. "The power distribution in decision making among EU member states," European Journal of Political Economy, Elsevier, vol. 13(1), pages 171-185, February.
- Leech, D., 1989.
"Power Indices And Probabilistic Voting Assumptions,"
The Warwick Economics Research Paper Series (TWERPS)
325, University of Warwick, Department of Economics.
- Leech, Dennis, 1990. "Power Indices and Probabilistic Voting Assumptions," Public Choice, Springer, vol. 66(3), pages 293-99, September.
- Artis, Michael J & Zhang, Wenda, 1997. "On Identifying the Core of EMU: An Exploration of Some Empirical Criteria," CEPR Discussion Papers 1689, C.E.P.R. Discussion Papers.
- Hosli, Madeleine O., 1993. "Admission of European Free Trade Association states to the European Community: effects on voting power in the European Community Council of Ministers," International Organization, Cambridge University Press, vol. 47(04), pages 629-643, September.
- Dan Felsenthal & Moshé Machover & William Zwicker, 1998. "The Bicameral Postulates and Indices of a Priori Voting Power," Theory and Decision, Springer, vol. 44(1), pages 83-116, January.
- Widgren, Mika, 1991.
"Voting Power in the EC Decision Making and the Consequencesof two Different Enlargements,"
377, The Research Institute of the Finnish Economy.
- Widgren, Mika, 1994. "Voting power in the EC decision making and the consequences of two different enlargements," European Economic Review, Elsevier, vol. 38(5), pages 1153-1170, May.
- Turnovec, Frantisek, 1997. "Monotonicity of Power Indices," East European Series 41, Institute for Advanced Studies.
When requesting a correction, please mention this item's handle: RePEc:kap:pubcho:v:104:y:2000:i:1-2:p:41-62. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If references are entirely missing, you can add them using this form.