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Both the Euroland and the EURO projects face increasingscepticism from several member states as well as nationalist movements. Thecall for economic reforms augmenting flexibility and work zest in EU memberstates meets resistance, as it poses threats tothe specific European welfare state. The management of the great refugee crisishas led to fundamental questioning of the concept of -Europeanisation-as the commitment of the EU to humanitarian goals and universal human rights.Where lays the basic weakness of the inefficient and bureacratic European modelof regional integration? Reply: Transaction costs.

KEYWORDS

Models of Regionalism, Coordination Mechanisms, Open and Closed Regionalism, Transaction Costs

Cite this paper

Lane, J. 2016 EU Coordination Weaknesses: Transaction Costs. Open Access Library Journal, 3, 1-16. doi: 10.4236-oalib.1102800.





Autor: Jan-Erik Lane

Fuente: http://www.scirp.org/



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