From club to commons : enlargement, reform and sustainability in European integration /
"The Element identifies the logic of how the European Union (EU) has developed both in terms of the way the organization works and the way it has expanded to include new member states. It combines insights from the economic theories related to clubs and common-pool resources. The argument is th...
| Main Authors: | , |
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| Corporate Author: | |
| Format: | eBook |
| Language: | English |
| Published: |
Cambridge, United Kingdom ; New York, NY :
Cambridge University Press,
2025.
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| Series: | Cambridge elements. Elements in economics of European integration.
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| Subjects: | |
| Online Access: | Connect to the full text of this electronic book |
| Summary: | "The Element identifies the logic of how the European Union (EU) has developed both in terms of the way the organization works and the way it has expanded to include new member states. It combines insights from the economic theories related to clubs and common-pool resources. The argument is that the EU may have started as a club, where members agreed to lose arrangements to generate and govern non-rivalrous goods from which only they could benefit, but it quickly evolved into a system of common-pool resources, where members have to manage rivalrous goods, the access to which cannot easily be refused to outsiders. That evolution was necessary to avoid the depletion of the goods EU member states depend on. The argument is illustrated through the evolution of the single market, the single currency, the single financial space, and security"-- |
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| Physical Description: | 1 online resource (83 pages) : color illustrations. |
| Bibliography: | Includes bibliographical references. |
| ISBN: | 9781009499194 100949919X 9781009499231 1009499238 |
| ISSN: | 2634-0763 |
| DOI: | 10.1017/9781009499194 |