Author
Listed:
- AUGUSTIN IGNATOV
(Research and Promotion Unit, Centre for European Integration Studies, Academy of Economic Studies of Moldova, 59 Banulescu-Bodoni Str., Building B, Room 702, MD-2005 Chisinau, Republic of Moldova)
Abstract
The European Union (EU) has certainly reduced its influence in the global economic affairs. Despite the fact that it unites 28 nations, including the former great powers such as the United Kingdom, Germany, France and Italy, the political and economic power of the community has considerably decreased starting with the second half of 2000s. The present research is undertaken with the aim of increasing the readers’ awareness regarding the necessity of enforcing the EU economic security through consolidating the authority of the supranational bodies in relation with national representatives. The objectives to be reached in this regard include assessing how much the governance efficiency alternations among the EU member countries influence the efficiency of the single market in a globalised society. It was found that several processes determined the decline of Europe’s strength including raising globalisation and increasing competition, economic weaknesses of the EU which worsened during the crisis, stagnation of the integration process, feeble leadership and lack of resoluteness, especially in the most developed EU nations, declining adherence to “core” values, migration crisis, little political commitment to protecting EU’s citizens’ interests, and countries’ individualism in promoting key initiatives.
Suggested Citation
Augustin Ignatov, 2019.
"Governance Efficiency, Economic Security And Federalisation. The European Union At Crossroads — Is It Time For Consolidation?,"
Global Economy Journal (GEJ), World Scientific Publishing Co. Pte. Ltd., vol. 19(01), pages 1-29, March.
Handle:
RePEc:wsi:gejxxx:v:19:y:2019:i:01:n:s2194565919500039
DOI: 10.1142/S2194565919500039
Download full text from publisher
As the access to this document is restricted, you may want to
for a different version of it.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:gejxxx:v:19:y:2019:i:01:n:s2194565919500039. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
We have no bibliographic references for this item. You can help adding them by using this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: https://www.worldscientific.com/worldscinet/gej .
Please note that corrections may take a couple of weeks to filter through
the various RePEc services.