The asymmetry of European integration, or why the EU cannot be a 'social market economy'
Max Planck Institute for the Study of Societies · Max Planck Society
Abstract
Judge-made law has played a crucial role in the process of European integration. In the vertical dimension, it has greatly reduced the range of autonomous policy choices in the member states, and it has helped to expand the reach of European competences. At the same time, however, 'integration through law' does have a liberalizing and deregulatory impact on the socio-economic regimes of European Union member states. This effect is generally compatible with the status quo in liberal market economies, but it tends to undermine the institutions and policy legacies of Continental and Scandinavian social market economies. Given the high consensus requirements of European legislation, this structural asymmetry…
Citation impact
- FWCI
- 94.46
- Percentile
- 100%
- References
- 97
Authors
1Topics & keywords
- Planck
- Political science
- Asymmetry
- European union
- Economics
- Economy
- Economic history
- International trade
- Peace, Justice and strong institutions