Abstract: Abstract This chapter examines the approaches to economic governance in the European Union. There are currently four basic approaches to governance: delegation, commitment, coordination, and autonomy. Four key weaknesses in governance have been identified: institutional complexity, a tension between responsibilities and instruments, a persistent difficulty in making commitment and coordination methods deliver, and uneven implementation and enforcement. These weaknesses undermine the economic performance of the current EU with 15 members, and may be more damaging in a Union with 25 members.
Publication Year: 2004
Publication Date: 2004-03-04
Language: en
Type: book-chapter
Indexed In: ['crossref']
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