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A flexible and concerned European Union – A new proposal

Author

Listed:
  • Bruno Dallago

    (Department of Economics and Management, University of Trento, Via Inama 1, 38122Trento, Italy)

  • Steven Rosefielde

    (Department of Economics, University of North Carolina at Chapel Hill, Chapel Hill, NC, USA)

Abstract

The paper proposes the construction of a multi-speed, multi-track and multi-level European Union framework as a way to increase the flexibility of the integration process and facilitate inter-country conflict resolution. The paper shows that this malleable framework is superior, even for sensitive macroeconomic spillover issues like monetary union and immigration.

Suggested Citation

  • Bruno Dallago & Steven Rosefielde, 2021. "A flexible and concerned European Union – A new proposal," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 71(2), pages 195-212, June.
    • Handle: RePEc:aka:aoecon:v:71:y:2021:i:2:p:195-212
    DOI: 10.1556/032.2021.00010
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    More about this item

    Keywords

    crisis; Eurozone; European Union; institutions; policies; reforms;
    All these keywords.

    JEL classification:

    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F15 - International Economics - - Trade - - - Economic Integration
    • G01 - Financial Economics - - General - - - Financial Crises

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