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Economic Theories of Political (Dis)integration
Author(s) -
Ruta Michele
Publication year - 2005
Publication title -
journal of economic surveys
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.657
H-Index - 92
eISSN - 1467-6419
pISSN - 0950-0804
DOI - 10.1111/j.0950-0804.2005.00236.x
Subject(s) - incentive , economics , politics , economic integration , european union , order (exchange) , distribution (mathematics) , resizing , international economics , european integration , political economy , international trade , economic system , public economics , political science , market economy , law , mathematical analysis , mathematics , finance
. This paper surveys the recent political economy literature on countries' incentives to form international unions and/or to disintegrate in smaller jurisdictions. The main factors that affect these incentives are (i) economic integration, (ii) the international order, (iii) international spillovers and (iv) the institutional setting. Some implications are drawn for the current debate in Europe on the political effects of economic integration, on the enlargement process and on the distribution of prerogatives between the European Union and national governments.