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| Author: | Bordignon, M. Brusco, S. |
| Title: | On enhanced cooperation |
| Journal: | Journal of Public Economics
2006 : NOV, VOL. 90:10-11, p. 2063-2090 |
| Index terms: | European union harmonization |
| Freeterms: | fiscal federalism treaty on Nice |
| Language: | eng |
| Abstract: | This article analyzes the issue relative to the formation of sub-unions in a federation, called enhanced cooperation agreement in the European Union. It shows that as long as the countries can commit to coordinate on a policy which takes into account the utility of the excluded countries, sub-union formation may be optimal. This article discusses the newly introduced rules for enhanced cooperation agreements in the European Union based on the results. |
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