Nice Try: Should the Treaty of Nice be Ratified?: Monitoring European Integration 11

Author:   Richard E. Baldwin ,  Francesco Giavazzi ,  Erik Berglof ,  Mika Widgren
Publisher:   Centre for Economic Policy Research
Edition:   illustrated edition
Volume:   No. 11
ISBN:  

9781898128564


Pages:   150
Publication Date:   30 November 2001
Format:   Paperback
Availability:   To order   Availability explained
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Nice Try: Should the Treaty of Nice be Ratified?: Monitoring European Integration 11


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Overview

EU member nations must decide whether to ratify the Nice Treaty. This report, written to inform these decisions, is highly critical of the Treaty but argues that it should be passed since it is 'repairable' and rejecting it would delay Eastern enlargement. It proposes two 'emergency repairs' to the Treaty. The authors marshal the best available empirical evidence and analytic techniques to show that the Treaty fails to meet its goal of adjusting EU decision-making to the realities of a Union with 27& members. Far from maintaining the EU's ability to act after enlargement, the authors argue that the Nice reforms reduce EU27 decision-making efficiency below what it would have been with no reform. Unless the Treaty is mended, future integration will be guided by intergovernmental initiatives in which large members play a large role due to their economic dominance. The Treaty also fails to resolve the ECB's 'numbers problem' - enlargement without reform would also damage the ECB's decision-making capacity. The Treaty does include an 'enabling clause' to help solve this problem: the report analyses the possible solutions and proposes specific reforms.

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Author:   Richard E. Baldwin ,  Francesco Giavazzi ,  Erik Berglof ,  Mika Widgren
Publisher:   Centre for Economic Policy Research
Imprint:   Centre for Economic Policy Research
Edition:   illustrated edition
Volume:   No. 11
Dimensions:   Width: 17.10cm , Height: 3.30cm , Length: 24.80cm
Weight:   0.333kg
ISBN:  

9781898128564


ISBN 10:   1898128561
Pages:   150
Publication Date:   30 November 2001
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

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Richard E. Baldwin is professor of International Economics at the Graduate Institute, Geneva and policy director of CEPR. Erik Berglof is the Chief Economist and Special Adviser to the President at the European Bank for Reconstruction and Development (EBRD). Francesco Giavazzi is is professor of economics at Bocconi university in Milan and a Regular Visiting Professor at the Massachusetts Institute of Technology (MIT). Mika Widgren was Professor of Economics at the Turku School of Economics, Finland.

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