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| Author: | Kirchgässner, G. |
| Title: | Constitutional economics and its relevance for the evolution of rules |
| Journal: | Kyklos
1994 : VOL. 47:2, p. 321-339 |
| Index terms: | POLITICAL ECONOMY GOVERNMENT FISCAL POLICY EUROPEAN UNION EUROPE, EAST |
| Language: | eng |
| Abstract: | This paper is an attempt to apply constitutional economics in its positive and normative aspects on the European unifi- cation process and to develop some proposals for European constitutional rules. First, it is shown why this approach is applicable to this process, and how some aspects of this process are in line with constitutional economics. Some as- pects of the treaty of Maastricht about the introduction of the European Monetary Union is analysed under this perspec- tive. Fiscal rules are developed, concerning the assignment of direct (progressive) and indirect (proportional) taxes on the different governmental levels. It is concluded by some remarks concerning other fields where, and reasons why con- stitutional economics could and should be made fruitful in discourses about the European process. |
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