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The emergence and the development of the Achaean federation: lessons and institutional proposals for modern societies

Author

Listed:
  • Emmanouil Marios L. Economou

    (University of Thessaly)

  • Nicholas Kyriazis

    (University of Thessaly)

Abstract

In the present essay, we analyse the development of the proto-federations of the democratic city-states. We examine the political institutions and policies developed in the Achaean federation such as common defense and external policy, military organization, representative federal bodies like popular assemblies, parliament, generals as military and political commanders, federal finance ministers, etc., as well as its economic institutions and policies: common currency, federal budget and federal revenues. We offer arguments as to why the Achaean federation emerged and proved successful and finally, we offer some ideas as to how the Achaean federation would have faced a series of current global issues such as the European Union integration, global terrorism, etc.

Suggested Citation

  • Emmanouil Marios L. Economou & Nicholas Kyriazis, 2016. "The emergence and the development of the Achaean federation: lessons and institutional proposals for modern societies," Evolutionary and Institutional Economics Review, Springer, vol. 13(1), pages 93-112, June.
    • Handle: RePEc:spr:eaiere:v:13:y:2016:i:1:d:10.1007_s40844-015-0028-8
    DOI: 10.1007/s40844-015-0028-8
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    References listed on IDEAS

    as
    1. Emmanouil Economou & Nicholas Kyriazis & Theodore Metaxas, 2015. "The institutional and economic foundations of regional proto-federations," Economics of Governance, Springer, vol. 16(3), pages 251-271, August.
    2. Nicholas Kyriazis, 2009. "Financing the Athenian state: public choice in the age of Demosthenes," European Journal of Law and Economics, Springer, vol. 27(2), pages 109-127, April.
    3. Nicholas Kyriazis & Emmanouil Economou, 2015. "Macroculture, sports and democracy in classical Greece," European Journal of Law and Economics, Springer, vol. 40(3), pages 431-455, December.
    4. George Halkos & Nickolas Kyriazis, 2010. "The Athenian economy in the age of Demosthenes: path dependence and change," European Journal of Law and Economics, Springer, vol. 29(3), pages 255-277, June.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Federations; Institutional organization; Economic policy; Achaean federation;
    All these keywords.

    JEL classification:

    • H56 - Public Economics - - National Government Expenditures and Related Policies - - - National Security and War
    • H61 - Public Economics - - National Budget, Deficit, and Debt - - - Budget; Budget Systems
    • N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
    • Z18 - Other Special Topics - - Cultural Economics - - - Public Policy

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