Bulletin n. 3/2008
February 2009
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Praussello Franco
    La sostenibilità dell'UEM, il completamento dell'unione economica e i rapporti con l'unione politica
    in Economia internazionale , Vol. LXI No. 2/3 May/August 2008 ,  2008
    This paper studies the relationship between EMU sustainability and the European Political Union. Following De Grauwe’s suggestions, it is shown that a number of independent economic policies remained in the realm of each member country despite the setting up of EMU could produce shocks putting at risk the latter’s survival. Long term sustainability of EMU requires a full political union of EU countries.
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