This Second Edition of Making Policy in Europe is fully revised and expanded to provide the most up-to-date introduction to the study of policymaking in the European Union (EU). The first part of the book introduces the different perspectives to study of the EU as a political system, and provides a framework for the study of the main actors and institutions in the decision-making process from transnational lobbying within Brussels to the implementation of EU law in national member states. Part two introduces each of the main sectoral policy areas. The common "market" is introduced and reviewed before students are provided with detailed studies of policies and policy-making in telecommunication
European Monetary Union: Economic versus Political Integration and the Limits of Supranationalism1
This chapter focuses on EMU fiscal discipline and centres on the question: Why have EU member governments chosen to submit their own domestic public budget to ‘collective monitoring, surveillance and enforcement’. Students of public budget, such as Wildawsky or Buchanan, would probably suggest that the best way to balance a budget is through domestically based constitutional regulation. Students of EMU are likely to suggest that EMU fiscal discipline belongs, as with other arrangements such as the creation of the European Central Bank, to the area of international political economic relations (Molle 1994, Crawford 1996). National convergence policies constitute the ...