Showing posts with label European Commission. Show all posts
Showing posts with label European Commission. Show all posts

Sunday, 19 September 2010

European Fiscal Federalism (Part 5): Democratic deficit, Budgetary empowerment, institutional competition and shifting the status quo

Steps in this direction:

In the previous posts ( 1, 2, 3) I have described the economic logics for an EU fiscal policy and the political economy argument for delegation of such powers to the European Commission (4). In this context, I would like to highlight the recent report that a group of European Socialists are lobbying their party to pursue US style primaries to appoint their candidate for the 2015 European Commission Presidency. There is an equivalently irrefutable logic behind this type of process, which has been explored by Hix and Follesdal in a 2006 article on the EU's democratic deficit. This initiative could also be the beginning of something along the lines of the Wallstrom candidacy imagined by Hix.

Friday, 17 September 2010

European Fiscal Federalism (Part 4): Institutional Framework and Credible commitments

Until now, this analysis has completely ignored who should be in charge of this redistributive policy. We have agreed that it should be the EU running the show, but which institution should be responsible for this?