Critics are correct when they say the European Union is burdened by a needlessly complex regulatory apparatus. In 2005, the British think tank Open Europe estimated that 666,879 pages of legislation had been passed by Brussels since the EU’s inception in 1957—including, most famously, one on the curvature of bananas. And it’s also true that adoption of a common currency for political reasons without greater structural and fiscal union has forced painful adjustments on the European economy.
But as Europe comes under unprecedented stress, from the refugee crisis to the flagging economy, many conservative critics risk pushing the Continent to the opposite extreme. The euroskepticism that once critiqued the EU from the sidelines is becoming a serious political movement that makes questioning the very existence of the European Union mainstream. This movement has secured a referendum in Britain on EU membership, and euroskeptic politicians elsewhere are on the rise.
The remainder of this article will be posted here on Monday, October 5. Click here for the original publication.
from AEI » Latest Content http://ift.tt/1OH6qPB
0 التعليقات:
Post a Comment