IDEAS home Printed from https://ideas.repec.org/a/zbw/ifweej/201710.html
   My bibliography  Save this article

"Completing Europe's eonomic and Monetary Union": Any support from the citizens?

Author

Listed:
  • Farina, Francesco
  • Tamborini, Roberto

Abstract

The 'Five Presidents Report' cited in the title acknowledges that an important driver of the European economic crisis has been the faulty original design of the Monetary Union, and that substantial steps are urgently needed towards the creation of truly supranational institutions. Yet, economists tend to neglect that however compelling economic analyses may be, the stumbling block on the way of the reform of the Monetary Union is political will, and that in democracies the ultimate source of political will comes from electors. In this paper, first of all the authors wish to bring to the economists' attention some recent analyses of citizens' attitudes towards Europe from political science. Then, by cross-referencing the results of the 2014 elections of the European Parliament with Eurobarometer opinion polls eliciting judgements for the EU vis-à-vis home countries and an indicator of economic pain, the authors show the presence of a geo-economic-political cleavage across four groups of countries. This is more complex, and perhaps worse, than the simplistic divide between 'North' and 'South' or 'Core' and 'Periphery'. The main implication is that the EU experiences a stalemate between 'more Europe vs. less Europe' at the level of peoples, which seriously undermines support for further integration 'from below'.

Suggested Citation

  • Farina, Francesco & Tamborini, Roberto, 2017. ""Completing Europe's eonomic and Monetary Union": Any support from the citizens?," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy (IfW Kiel), vol. 11, pages 1-26.
  • Handle: RePEc:zbw:ifweej:201710
    DOI: 10.5018/economics-ejournal.ja.2017-10
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.5018/economics-ejournal.ja.2017-10
    Download Restriction: no

    File URL: https://www.econstor.eu/bitstream/10419/157632/1/886129087.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.5018/economics-ejournal.ja.2017-10?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Richard Rose & Gabriela Borz, 2016. "Static and Dynamic Views of European Integration," Journal of Common Market Studies, Wiley Blackwell, vol. 54(2), pages 370-387, March.
    2. Andrea Boitani & Roberto Tamborini, 2016. "New Institutions for an Effective EU and EMU Governance: A Brief Introduction," Politica economica, Società editrice il Mulino, issue 3, pages 375-386.
    3. Svenson, Ola & Nilsson, Goran, 1986. "Mental economics: Subjective representations of factors related to expected inflation," Journal of Economic Psychology, Elsevier, vol. 7(3), pages 327-349, September.
    4. Hooghe, Liesbet & Marks, Gary, 2009. "A Postfunctionalist Theory of European Integration: From Permissive Consensus to Constraining Dissensus," British Journal of Political Science, Cambridge University Press, vol. 39(1), pages 1-23, January.
    5. Hobolt, Sara B. & Wratil, Christopher, 2015. "Public opinion and the crisis: the dynamics of support for the euro," LSE Research Online Documents on Economics 60788, London School of Economics and Political Science, LSE Library.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Luciano Andreozzi & Roberto Tamborini, 2017. "We need more Europe in the Monetary Union. Which Europe? Hints from policy games," EconPol Working Paper 5, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Chase Foster & Jeffry Frieden, 2021. "Economic determinants of public support for European integration, 1995–2018," European Union Politics, , vol. 22(2), pages 266-292, June.
    2. Silvana Târlea & Stefanie Bailer & Hanno Degner & Lisa M Dellmuth & Dirk Leuffen & Magnus Lundgren & Jonas Tallberg & Fabio Wasserfallen, 2019. "Explaining governmental preferences on Economic and Monetary Union Reform," European Union Politics, , vol. 20(1), pages 24-44, March.
    3. Baccaro, Lucio & Bremer, Björn & Neimanns, Erik, 2020. "Is the euro up for grabs? Evidence from a survey experiment," MPIfG Discussion Paper 20/10, Max Planck Institute for the Study of Societies.
    4. Hideki Nishigaki, 2020. "Coping with Structural Weakness and EMU Citizen Support for the Euro: Opportunities for Change," Economics Bulletin, AccessEcon, vol. 40(4), pages 2755-2768.
    5. Markus Gastinger, 2021. "Introducing the EU exit index measuring each member state’s propensity to leave the European Union," European Union Politics, , vol. 22(3), pages 566-585, September.
    6. Laurie Beaudonnet & Céline Belot & Hélène Caune & Anne‐Marie Houde & Damien Pennetreau, 2023. "Narrating Europe: (Re‐)constructed and Contested Visions of the European Project in Citizens' Discourse," Journal of Common Market Studies, Wiley Blackwell, vol. 61(1), pages 161-178, January.
    7. Julian Aichholzer & Sylvia Kritzinger & Carolina Plescia, 2021. "National identity profiles and support for the European Union," European Union Politics, , vol. 22(2), pages 293-315, June.
    8. Marco Manacorda & Guido Tabellini & Andrea Tesei, 2022. "Mobile internet and the rise of political tribalism in Europe," CEP Discussion Papers dp1877, Centre for Economic Performance, LSE.
    9. Luuk Middelaar, 2016. "The Return of Politics – The European Union after the crises in the eurozone and Ukraine," Journal of Common Market Studies, Wiley Blackwell, vol. 54(3), pages 495-507, May.
    10. Soetkin Verhaegen & Marc Hooghe & Ellen Quintelier, 2014. "European Identity and Support for European Integration: A Matter of Perceived Economic Benefits?," Kyklos, Wiley Blackwell, vol. 67(2), pages 295-314, May.
    11. Wolfram Kaiser, 2017. "Limits of Cultural Engineering: Actors and Narratives in the European Parliament's House of European History Project," Journal of Common Market Studies, Wiley Blackwell, vol. 55(3), pages 518-534, May.
    12. Natascha Zaun & Ariadna Ripoll Servent, 2023. "Perpetuating Crisis as a Supply Strategy: The Role of (Nativist) Populist Governments in EU Policymaking on Refugee Distribution," Journal of Common Market Studies, Wiley Blackwell, vol. 61(3), pages 653-672, May.
    13. Rauh, Christian, 2015. "Communicating supranational governance? The salience of EU affairs in the German Bundestag, 1991–2013," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 16(1), pages 116-138.
    14. Katjana Gattermann & Claes H De Vreese, 2017. "The role of candidate evaluations in the 2014 European Parliament elections: Towards the personalization of voting behaviour?," European Union Politics, , vol. 18(3), pages 447-468, September.
    15. Denise Currie & Paul Teague, 2017. "The eurozone crisis, German hegemony and labour market reform in the GIPS countries," Industrial Relations Journal, Wiley Blackwell, vol. 48(2), pages 154-173, March.
    16. Lena Dräger & Ulrich Fritsche, 2013. "Don't Worry, Be Right! Survey Wording Effects on In flation Perceptions and Expectations," Macroeconomics and Finance Series 201308, University of Hamburg, Department of Socioeconomics.
    17. Krishnamurti, Tamar & Schwartz, Daniel & Davis, Alexander & Fischhoff, Baruch & de Bruin, Wändi Bruine & Lave, Lester & Wang, Jack, 2012. "Preparing for smart grid technologies: A behavioral decision research approach to understanding consumer expectations about smart meters," Energy Policy, Elsevier, vol. 41(C), pages 790-797.
    18. Brigitte Pircher & Karl Loxbo, 2020. "Compliance with EU Law in Times of Disintegration: Exploring Changes in Transposition and Enforcement in the EU Member States between 1997 and 2016," Journal of Common Market Studies, Wiley Blackwell, vol. 58(5), pages 1270-1287, September.
    19. Liesbet Hooghe & Tobias Lenz & Gary Marks, 2019. "Contested world order: The delegitimation of international governance," The Review of International Organizations, Springer, vol. 14(4), pages 731-743, December.
    20. Camille Kelbel & Virginie Van Ingelgom & Soetkin Verhaegen, 2016. "Looking for the European Voter: Split-Ticket Voting in the Belgian Regional and European Elections of 2009 and 2014," Politics and Governance, Cogitatio Press, vol. 4(1), pages 116-129.

    More about this item

    Keywords

    European Economic and Monetary Union; economic crisis; European integration; Eurobarometer opinion polls; 2014 elections of the European Parliament;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

    Statistics

    Access and download statistics

    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:zbw:ifweej:201710. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: ZBW - Leibniz Information Centre for Economics (email available below). General contact details of provider: https://edirc.repec.org/data/iwkiede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.