The eu at sixty: A watershed or business as usual? (comparing grexit to brexit)

László Csaba*

*Corresponding author for this work

Research output: Contribution to journalReview Articlepeer-review

Abstract (may include machine translation)

This essay is an attempt to put two major events in a broader perspective. Comparing the two dominant discourses, we attempt to address the meaning and thus the strategic options of European integration at a time of crisis. A political economy approach is adopted to explain the different dynamics of the two cases and to specify conditions for a more effi cient integration in the years to come. Some proposals for policy reform conclude.

Original languageEnglish
Pages (from-to)61-75
Number of pages15
JournalActa Oeconomica
Volume66
DOIs
StatePublished - Dec 2016
Externally publishedYes

Keywords

  • CFSP
  • Cohesion
  • Community method
  • Crisis management
  • ESM
  • European Union
  • Fi nancial market integration
  • Greece
  • Inter-governmentalism
  • Political economy
  • Special relationships
  • UK

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