Acta Oeconomica Pragensia 2009, 17(1):27-44 | DOI: 10.18267/j.aop.2

European Union: Can federalism become the chief integration theory?

Ivana Šimíková
Technická univerzita v Liberci, Hospodářská fakulta (ivanasimikova@seznam.cz).

Federation is one type of state characterised by a contractual and constitutional structure, multilevel power redistribution, a written constitution, and duality of power. Federalism is a philosophy and a political instrument enabling a federation to function. The principle of federalism is an aggregation of cultural, social, economic, linguistic, and intellectual disparities within a federation. Federalism can become a mainstream integration theory: the present MLG can be defined as an umbrella theory based on the federalist principles. The EU can be defined as a specific type of evolving, decentralised federation. Finally, fiscal federalism can provide EU policy with a significant instrument.

Keywords: federalism, fiscal federalism, European Union, integration
JEL classification: H11, H69, H77

Published: February 1, 2009  Show citation

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Šimíková, I. (2009). European Union: Can federalism become the chief integration theory? Acta Oeconomica Pragensia, 17(1), 27-44. doi: 10.18267/j.aop.2
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