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Avons-nous besoin d'une union budgétaire en Europe ?

Author

Listed:
  • Hubert Kempf

    (PSE - Paris School of Economics - UP1 - Université Paris 1 Panthéon-Sorbonne - ENS-PSL - École normale supérieure - Paris - PSL - Université Paris sciences et lettres - EHESS - École des hautes études en sciences sociales - ENPC - École des Ponts ParisTech - CNRS - Centre National de la Recherche Scientifique - INRAE - Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement, CES - Centre d'économie de la Sorbonne - UP1 - Université Paris 1 Panthéon-Sorbonne - CNRS - Centre National de la Recherche Scientifique, ENS Cachan - École normale supérieure - Cachan)

Abstract

Les difficultés actuelles de la zone euro ont relancé les discussions autour de la gouvernance de la zone euro et de l'opportunité d'une union budgétaire, c'est-à-dire un ensemble de règles collectives en matière budgétaire, en Europe. Dans cet article, nous rappelons que l'Union européenne connaît déjà une union budgétaire. Nous établissons une typologie simple des unions budgétaires et nous insistons sur l'un des dilemmes fondamentaux du choix, à savoir la gestion simultanée des chocs idiosyncrasiques naturels et des comportements opportunistes. Nous analysons les défauts majeurs de la construction monétaire européenne et nous énonçons cinq principes fondamentaux sur lesquels bâtir un fédéralisme budgétaire en Europe et assurer la pérennité de la monnaie européenne.

Suggested Citation

  • Hubert Kempf, 2013. "Avons-nous besoin d'une union budgétaire en Europe ?," Post-Print hal-01306083, HAL.
    • Handle: RePEc:hal:journl:hal-01306083
    DOI: 10.3917/reco.643.0379
    as

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    Keywords

    zone euro;

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
    • H77 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Intergovernmental Relations; Federalism

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