Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/150047
Authors: 
Scharpf, Fritz W.
Year of Publication: 
2016
Series/Report no.: 
MPIfG Discussion Paper 16/15
Abstract: 
Eight years after the onset of the "Great Recession," the eurozone is deeply split between "Northern" EMU economies that seem to be doing reasonably well and "Southern" countries that continue to struggle with socioeconomic catastrophe. This paper argues that the continuing malaise is a consequence of the structural diversity among Northern and Southern economies and of an asymmetrical euro regime that must try to enforce the structural convergence of their political economies. The present regime is vulnerable, however. It may fail economically should its rules have to be relaxed, and it may fail politically should it no longer be possible to suppress North-South conflicts. In light of these risks, the paper concludes by presenting the outline of a differentiated European Currency Community that would accommodate structurally diverse but highly interdependent economies in a flexible two-level regime.
Abstract (Translated): 
Im Zuge der europäischen Integration haben nationale Gewerkschaften in Europa die Dachorganisation des Europäischen Gewerkschaftsbundes gegründet, um gemeinsame politische Positionen festzulegen. Das Papier untersucht auf Grundlage der supranationalen Politik der Dienstleistungsfreiheit, wie Spaltungen innerhalb des mehrstufigen Regulierungssystems der EU die Entwicklung einer gemeinsamen Position zu einer schwierigen Aufgabe machen. Während sich die meisten Studien zu Spaltungen auf supranationaler Ebene entweder auf Parteigruppen oder auf Länderkonflikte konzentrieren, deuten die Befunde dieses Papiers auf eine vertikale Konfliktlinie innerhalb des Mehrebenensystems des europäischen Gewerkschaftsbundes hin.
Subjects: 
Europe
monetary union
structural convergence
democracy
Europa
Währungsunion
strukturelle Konvergenz
Demokratie
Document Type: 
Working Paper

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