The Future of Europe: A Constitutional Political Economy Argument in Favour of “Variable Geometries”
JOURNAL ARTICLE
Cite JOURNAL ARTICLE
Style
Format
The Future of Europe: A Constitutional Political Economy Argument in Favour of “Variable Geometries”
Journal of Contextual Economics – Schmollers Jahrbuch, Vol. (2025), Online First : pp. 1–20
Additional Information
Article Details
Author Details
Michael Wohlgemuth, Walter Eucken Institute, Freiburg im Breisgau, Germany
References
-
Alesina, A., I. Angeloni, and L. Schuknecht. 2001. What Does the European Union Do? NBER Working Paper no. 8647. National Bureau of Economic Research.
Google Scholar -
Alesina, A. and F. Giavazzi. 2006. The Future of Europe: Reform or Decline. Cambridge, MA: MIT Press.
Google Scholar -
Alesina, A. and E. Spolaore. 2003. The Size of Nations. Cambridge, MA: MIT Press.
Google Scholar -
Andersen, T. M., G. Bertola, J. Driffill, C. Fuest, H. James, J.-E. Sturm, and B. Uroševic. 2018. “EEAG Report on the European Economy 2018: What Now, With Whom, Where To – The Future of the EU.” Accessed June 28, 2024. https://www.cesifo.org/DocDL/EEAG-2018.pdf.
Google Scholar -
Bernholz, P. and R. Vaubel. 2007. Political Competition and Economic Regulation. London: Routlegde.
Google Scholar -
Blanke, H.-J. and R. Böttner. 2023. “Bestimmungen über eine Verstärkte Zusammenarbeit.” In Das Recht der Europäischen Union, edited by E. Grabitz, M. Hilf, and M. Nettesheim, Loseblattsammlung, 1 – 40. München: C.H. Beck.
Google Scholar -
Bordignon, M. and S. Brusco. 2003. On Enhanced Cooperation. LMU Munich, CESifo Working Paper no. 996.
Google Scholar -
Buchanan, J. M. 1965. “An Economic Theory of Clubs.” Economica 32 (125): 1 – 14.
Google Scholar -
Buchanan, J. M. 1979. What Should Economists Do? Indianapolis: Liberty Press.
Google Scholar -
Buchanan, J. M. 1990. “The Domain of Constitutional Economics.” Constitutional Political Economy 1 (1): 1 – 18.
Google Scholar -
Buchanan, J. M. 1995. “A Two-Country Parable.” In: Justice in Immigration, edited by W. Schwartz, 63 – 6. Cambridge: Cambridge University Press.
Google Scholar -
Buchanan, J. M. and G. Tullock. 1962. The Calculus of Consent. Ann Arbor: University of Michigan Press.
Google Scholar -
Costa, O., D. Schwarzer, P. Berès, G. Gressani, M. Gaëlle, F. Mayer, T. Nguyen, N. v. Ondarza, S. Russack, F. Tekin, S. Vallée, and C. Verger. 2023. Sailing on High Seas – Reforming and Enlarging the EU for the 21st Century, Report of the German-French working group of experts on EU institutional reforms. Report of the Franco-German Working Group on EU Institutional Reform.
Google Scholar -
Dahrendorf, R. 1973. Plädoyer für die Europäische Union. Munich: Piper.
Google Scholar -
Dahrendorf, R. 1979. “A Third Europe? Third Jean Monnet Lecture.” Accessed June 28, 2024. http://aei.pitt.edu/11346/2/11346.pdf.
Google Scholar -
Draghi, M. 2024. The Future of European Competitiveness: A Competitiveness Strategy for Europe. Brussels: European Commission.
Google Scholar -
European Commission. 2015. Completing Europe’s Economic and Monetary Union. Brussels: Publications Office.
Google Scholar -
European Commission. 2017. White Paper on the Future of Europe: Reflections and Scenarios for the EU27 by 2025. Brussels: Publications Office.
Google Scholar -
Grimm, D. 1991. Die Zukunft der Verfassung. Frankfurt a. M.: Suhrkamp.
Google Scholar -
Groenendijk, N. 2012. “Enhanced Cooperation under the Lisbon Treaty.” In: The European Union after Lisbon. Polity, Politics, Policy, edited by S. Dosenrode, 95 – 110. Burlington: Ashgate.
Google Scholar -
Kielmansegg, P. 2016. Europäische Ungleichzeitigkeiten. Versuch einer Deutung der Krise des europäischen Projekts. Berlin: Open Europe Berlin.
Google Scholar -
Markusen, J. R. 1983. “Factor Movements and Commodity Trade as Complements.” Journal of International Economics 14 (3 – 4): 341 – 56.
Google Scholar -
Mundell, R. A. 1957. “International Trade and Factor Mobility.” American Economic Review 47 (3): 321 – 35.
Google Scholar -
Mundell, R. A. 1961. “A Theory of Optimum Currency Areas.” American Economic Review 51 (4): 657 – 65.
Google Scholar -
Pisani-Ferry, J., A. Sapir, G. B. Wolff, N. Röttgen, and P. Tucker. 2016. “Europe after Brexit: A Proposal for a Continental Partnership.” Accessed June 28, 2024. https://www.bruegel.org/report/europe-after-brexit-proposal-continental-partnership.
Google Scholar -
Schäuble, W. and K. Lamers. (1994) 2024. “Überlegungen zur europäischen Politik.” Forthcoming in: Soziale Marktwirtschaft. Grundtexte zur Ordnungsökonomik, edited by N. Goldschmidt, S. Kolev, and M. Wohlgemuth. Tübingen: UTB.
Google Scholar -
Scharpf, F. W. 1999. Regieren in Europa. Effektiv und demokratisch? Frankfurt a. M.: Campus.
Google Scholar -
Scharpf, F. W. 2017. “Der europäische Währungsverbund: Von der erzwungenen Konvergenz zur differenzierten Integration.” In: Europas Ende, Europas Anfang. Neue Perspektiven für die Europäische Union, edited by J. Rüttgers and F. Decker, 197 – 211. Frankfurt a. M.: Campus.
Google Scholar -
Stigler, G. J. 1971. “The Theory of Economic Regulation.” Bell Journal of Economics and Management Science 2 (1): 3 – 21.
Google Scholar -
Stubb, A. C. 2002. Negotiating Flexibility in the European Union: Amsterdam, Nice and Beyond. New York: Palgrave.
Google Scholar -
The Economist. 2023. “The EU is Finally Rebooting the Enlargement Machine.” Accessed September 30, 2023. https://www.economist.com/europe/2023/09/28/the-eu-is-finally-rebooting-the-enlargement-machine.
Google Scholar -
Tsebelis, G. 2002. Veto Players: How Political Institutions Work. Princeton: Princeton University Press.
Google Scholar -
Vanberg, V. J. 2008. “Bürgersouveränität und wettbewerblicher Föderalismus: Das Beispiel der EU.” In: Wettbewerb und Regelordnung, edited by N. Goldschmidt and M. Wohlgemuth, 117 – 51. Tübingen: Mohr Siebeck.
Google Scholar -
Vanberg, V. J. 2011. “Liberal Constitutionalism, Constitutional Liberalism and Democracy.” Constitutional Political Economy 22 (1): 1 – 20.
Google Scholar -
Warleigh, A. 2002. Flexible Integration: Which Model for the European Union? London: Sheffield Academic Press.
Google Scholar -
Wegner, G. 2008. Political Failure by Agreement: Learning Liberalism and the Welfare State. Cheltenham: Edward Elgar.
Google Scholar -
Wegner, G. 2012. Ökonomischer Liberalismus als politische Theorie. Tübingen: Mohr Siebeck.
Google Scholar -
Wellman, C. H. 2008. “Immigration and Freedom of Association.” Ethics 120 (2): 109 – 41.
Google Scholar -
Wohlgemuth, M. 2008. “Learning Through Institutional Competition.” In: Institutional Competition, edited by A. Bergh and R. Höijer, 67 – 89. Cheltenham: Edward Elgar.
Google Scholar -
Wohlgemuth, M. 2017. “Political Union and the Legitimacy Challenge.” European View 16: 57 – 66.
Google Scholar -
Wohlgemuth, M. 2018. Die Zukunft Liechtensteins in Europa. Eschen: Stiftung für Staatsrecht und Ordnungspolitik.
Google Scholar -
Wohlgemuth, M. 2023. Die Resilienz von Wirtschaft, Staat und Gesellschaft. Eschen: Stiftung für Staatsrecht und Ordnungspolitik.
Google Scholar -
Wohlgemuth, M. and C. Brandi. 2006. Strategies of Flexible Integration and Enlargement of the European Union. A Club-theoretical and Constitutional Economics Perspective. Discussion Papers on Constitutional Economics 06/7. Walter Eucken Institute.
Google Scholar
Abstract
For decades European integration combined its deepening and widening in a mostly unitary fashion. A “one-size-fits-all” approach, however, seems little promising for a future EU of some 35 member states and an enlarged set of EU-competencies. To manage further deepening and widening of the EU, more flexible forms of integration of the “willing and capable” seem both realistic and desirable. A combination of Constitutional Political Economy, club theory and basic requirements of legitimacy provides relevant arguments for integration based on “variable geometries” that tend to be ignored by narrow perspectives of public finance theories of the optimal allocation of competencies.