Europe - quo vadis? : Reflections on the future of institutional framework of the European Union ; Paper presented at the World Economy Lecture at the University of Nottingham

With twelve new members the decision making in the European Union via intergovernmental cooperation will become ineffective. In order to avoid a Stagno-Europe the EU has a choice: Either it looks for the very essentials in the common institutional frame or the member states agree in ceding national sovereignty to the European level. This, however, requires that the democratic deficit at the EU level is reduced. The Treaty of Nice has failed to solve these issues.

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Year of publication:	July 2001
Authors:	Siebert, Horst
Publisher:	Kiel (Germany) : Kiel Institute of World Economics
Subject:	european integration \| enlargement \| Europäische Integration \| European integration \| EU-Mitgliedschaft \| EU membership \| Neue politische Ökonomie \| Public choice \| Wirtschaftsintegration \| Economic integration \| Verfassungsreform \| Constitutional reform \| EU-Staaten \| EU countries