Europe’s ‘Hamiltonian moment’? On the political uses and explanatory usefulness of a recurrent historical comparison

Georgiou, Christakis

doi:10.1080/03085147.2021.1968676

Cited by 11 publications

(3 citation statements)

References 30 publications

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“…When it comes to public support for international cooperation, political parties therefore reap what they sow. This finding also helps to understand the EU's remarkable and unprecedented decision to establish a pandemic recovery fund, including joint European debt, in July 2020 -a decision which was described as Europe's "Hamiltonian moment" (Georgiou 2022).…”

Section: Introductionmentioning

confidence: 87%

Partisan Cueing and Preferences for Fiscal Integration in the European Union

Meijers¹,

Bremer²,

Kuhn³

et al. 2022

Preprint

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To what extent can political parties steer public preferences for international co- operation? International cooperation has become increasingly politicized, forcing governments to heed constituents’ preferences during international negotiations. While party cueing research suggests that parties have leverage over public pref- erences, it is unclear whether public opinion is responsive to partisan cueing on contentious, real-world international cooperation proposals that directly affect na- tional autonomy. We conduct a pre-registered information treatment experiment in five countries to study the effects of in- and out-party cues on public support for in- ternational cooperation using a real-world treatment, whilst avoiding pretreatment and self-selection bias. Applied to the highly contentious case of joint European debt, we find that political parties have ample latitude to shape preferences about international cooperation, as both in-party and out-party cues affect voter pref- erences. We further find that cue reception affects citizens’ preference certainty, suggesting the importance of cueing beyond direct persuasion.

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Section: Introductionmentioning

confidence: 87%

Partisan Cueing and Preferences for Fiscal Integration in the European Union

Meijers¹,

Bremer²,

Kuhn³

et al. 2022

Preprint

View full text Add to dashboard Cite

show abstract

“…The bottom-line question that echoes in all these contributions is about the true nature of NGEU: Does it represent a sort of "Hamiltonian moment" (de la Porte & Jensen, 2021;Georgiou, 2022), with a new approach to the EU budget emerging after the pandemic (Cavalieri & Karremans, 2023), or is it just an enhanced cohesion policy, using the same decision-making schemes and reaching similar outputs? On the one hand, the size and scope of NGEU seem to suggest that it is "something more."…”

Section: Introduction: Nextgenerationeu and The European Semestermentioning

confidence: 99%

NextGenerationEU and the European Semester: Comparing National Plans and Country‐Specific Recommendations

Guidi,

Piccinetti,

Verzichelli

2023

PaG

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This article examines the main features of the Recovery and Resilience Plans (RRPs) that member states have presented to access NextGenerationEU (NGEU) funds, and it explores the relationship between NGEU and the European Semester. Relying on a dataset collected for this purpose, which coded all RRPs and all recommendations received by the member states in the years preceding NGEU, we explore quantitatively the variation in the countries’ resource allocation and reform agendas and the congruence between RRPs and the recommendations issued in the European Semester. Our analysis reveals three key findings. First, substantial variation exists across member states, reflecting the diverse economic and political contexts shaped by a decade of crises. Second, by disaggregating RRPs into the six policy pillars indicated by the Commission, we show differences in the member states’ patterns of intervention. Third, we offer insights into the extent to which member states address the Semester recommendations. The data we present is a relevant tool for understanding NGEU and generating research questions aimed at exploring its nature and its implementation in the years to come.

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“…In response to the Covid-19 pandemic, Next Generation EU (NGEU), an unprecedented recovery program financed through bonds issuing on behalf of the EU by the European Commission (EC), was created to supplement the regular long-term budget. Some have referred to this as a Hamiltonian moment in the development of the EU fiscal regime (for a discussion on the adequacy of that comparison, see Georgiou, 2022). In response to Russia's invasion of Ukraine, the European Council decided in May of 2022 to provide Ukraine with exceptional Macroeconomic Financial Assistance (MFA+; this is specifically addressing Ukraine).…”

Section: Introductionmentioning

confidence: 99%

Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling

Groenendijk

2023

PaG

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This article analyses the revenue capacity at the “centre” of the EU. It first outlines major elements (“segments”) of EU “federal” fiscal capacity, both on the revenue and expenditure side, as well as on- and off-budget. It provides a new typology of taxes in a multi-level setting, based on tax ownership and decision-making on tax bases and/or rates. It then enters the so-called EU budgetary galaxy and (a) analyses how the centre utilises different types of revenue capacity and (b) discusses if the so-called “own resources” have tax features. The article finds that these own resources, to a large extent, de facto constitute taxing power, that the EU significantly uses off-budget borrowing capacity (through the European Investment Bank and the European Commission) and that the EU has a variety of schemes that offer revenue capacity to the centre, through the pooling of resources (transfers, guarantees) by its member states and by third countries. The way in which a large portion of the Next Generation EU resources have been channelled into the EU budget (by means of externally assigned revenue) completes the image of a centre with fiscal capacity, rather than an entity that spends but has no true fiscal powers.

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Europe’s ‘Hamiltonian moment’? On the political uses and explanatory usefulness of a recurrent historical comparison

Cited by 11 publications

References 30 publications

Partisan Cueing and Preferences for Fiscal Integration in the European Union

Partisan Cueing and Preferences for Fiscal Integration in the European Union

NextGenerationEU and the European Semester: Comparing National Plans and Country‐Specific Recommendations

Revenue Capacity of the EU: Taxes, Tax Sharing, and Resource Pooling

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