Democratic Legitimacy in the Era of Fiscal Integration

16 Pages Posted: 1 Nov 2014 Last revised: 5 Mar 2016

See all articles by Francesco Nicoli

Francesco Nicoli

University of Amsterdam - Amsterdam Institute for Social Science Research (AISSR)

Date Written: April 30, 2015

Abstract

While several countries still struggle to return to sustainable growth and Euroscepticism has shown its strength during the 2014 European Elections, Europe is slowly advancing on the path of fiscal integration. Against this background, this paper reassesses how legitimacy is provided and why the much-needed fiscal integration constitutes a genetic change of the Union. The first section is dedicated to theories of legitimacy in the EU; the second section focuses on the financial and economic crisis, pointing out why some form of fiscal integration is still required to achieve a sustainable settlement; the third section sheds light on the interactions between democratic legitimacy and fiscal integration when the no demos thesis is taken into account, discussing the long term implication of the emerging trilemma.

Keywords: European Union, Fiscal Integration, Euroscepticism, Democracy

Suggested Citation

Nicoli, Francesco, Democratic Legitimacy in the Era of Fiscal Integration (April 30, 2015). Available at SSRN: https://ssrn.com/abstract=2516860 or http://dx.doi.org/10.2139/ssrn.2516860

Francesco Nicoli (Contact Author)

University of Amsterdam - Amsterdam Institute for Social Science Research (AISSR) ( email )

Amsterdam Roeterseilandcampus
Nieuwe Achtergracht 166
Amsterdam, 1018 WV
Netherlands

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
67
Abstract Views
719
Rank
608,356
PlumX Metrics