Der Aufsatz beginnt mit einer wohlfahrtstheoretischen Vorüberlegung. Der Systemwettbewerb schwächt die territorial begrenzte Macht des Staates gegenüber mobilem Kapital, mobilen Unternehmen und mobilen Konsumenten. Selbst wenn dadurch die Verbraucherinteressen uneingeschränkt begünstigt...

This paper attempts a normative assessment of the input and output-oriented legitimacy of the present euro-rescuing regime on the basis of policy analyses examining the causes of present crises, the available policy options, and the impact of the policies actually chosen. Concluding that the...

On the basis of a brief reconstruction of the causes and impacts of the euro crisis, this paper explores, counterfactually and hypothetically, whether the new euro regime, insisting on fiscal austerity and supply-side reforms, could have prevented the rise of the crisis or is able to deal with...

This essay re-examines the dual – republican and liberal – foundations of democratic legitimacy in the Western traditions of normative political theory. Considered in isolation, the European Union conforms to liberal standards but cannot satisfy republican criteria. Given these conflicting...

Kritiker der europäischen Integration betonen immer wieder die rechtliche Einschränkung der Handlungsfähigkeit der nationalen Regierungen. Die verminderte nationale Kompetenz, verstärkt durch die Standortkonkurrenz im vollendeten Binnenmarkt, kann auch durch den Kompetenzzuwachs der...

Judge-made law has played a crucial role in the process of European integration. In the vertical dimension, it has greatly reduced the range of autonomous policy choices in the member states, and it has helped to expand the reach of European competences. At the same time, however, "Integration...