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The EU at sixty: A watershed or business as usual? (Comparing Grexit to Brexit)

Author

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  • László Csaba

    (CEU, Budapest
    Corvinus University of Budapest)

Abstract

This essay is an attempt to put two major events in a broader perspective. Comparing the two dominant discourses, we attempt to address the meaning and thus the strategic options of European integration at a time of crisis. A political economy approach is adopted to explain the different dynamics of the two cases and to specify conditions for a more efficient integration in the years to come. Some proposals for policy reform conclude.

Suggested Citation

  • László Csaba, 2016. "The EU at sixty: A watershed or business as usual? (Comparing Grexit to Brexit)," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 66(supplemen), pages 61-75, December.
    • Handle: RePEc:aka:aoecon:v:66:y:2016:i:supplement1:p:61-75
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    File URL: http://www.akademiai.com/doi/pdf/10.1556/032.2016.66.S1.4
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    Cited by:

    1. Zachary Kramer, 2019. "Fiscal Sovereignty under EU Crisis Management: A Comparison of Greece and Hungary," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(4), pages 595-624, December.

    More about this item

    Keywords

    European Union; UK; Greece; community method; crisis management; inter-govern-mentalism; ESM; financial market integration; political economy; cohesion; CFSP; special relationships;
    All these keywords.

    JEL classification:

    • F5 - International Economics - - International Relations, National Security, and International Political Economy
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • O5 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies

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