Economic Policy in the European Union

"This book examines the logic and rationale of collective action at the EU level in general terms as well as in the context of macroeconomic policies and European Monetary Union, structural policies and the internal market, taxation and the Community budget. It also describes the institutional set-up of economic policy decision making in the EU, highlights differences between supranational action and intergovernmental cooperation and reviews the EU's economic performance and system of governance. Policy issues are analysed in the light of economic theory, including the macroeconomic theory of open economics, public economics and the theory of public choice. Drawing on his practical experience of EU decision-making, the author also sets out recent events and episodes that illustrate political difficulties and issues of principle."--Jacket.