European politics and Economy Assignment Example | Topics and Well Written Essays - 1500 words

European politics and Economy - Assignment ExampleThis has forced political actors in Europe to stake kayoed positions on two fundamental issues the structure of political authority in Europe, and the role of the state -- at whatever territorial level -- in the economy. To what period should market activity be regulated at the European level, and to what extent -- if at all -- should the European Union redistri exclusivelye from rich to poor In short, what form of capitalism do Europeans wantThe institutional design of current cohesion policy has broad-ranging implications for EU authorities. At the meso-level, it promotes a change in governance from public steering of social processes to self-governing networks of public and private actors. Public authorities provide the institutional framework that reduces transaction costs and encourages highly organize social subsystems to mobilize indigenous resources (Kohler-Koch 1996, 1998). The result is that authoritative actors at Europ ean, national or subnational level argon compelled to collaborate with private actors. At the macro-level, current EU cohesion policy is designed to give shape to a multi-level polity. It opens up intergovernmental bargaining among national governments to other governmental actors, and it upgrades limited collaboration among all these actors to more intensive, and more binding, commitments. This challenges state-centric governance in three ways European institutions set general rules and co-ordinate subnational authorities participate in making decisions and the three parties are in a relationship of mutual dependency rather than hierarchy (Marks, 1996). From the vantage point of traditional social policy, the objectives of the 1988 reform are modest. For one thing, the reform EU cohesion policy gives priority to one type of cohesion problem spatial economic disparities among regions (and to a lesser extent, local areas). Almost no emphasis is put on disparities between social grou ps and individuals within states, regions or local areas (McAleavey and De Rynck, 1997). Furthermore, the 1988 cohesion policy may actually impede efforts to create EU citizenship, because it supports programmes only to the extent that it helps economic functionality or alleviates particular financial needs, and it does not justify cohesion efforts as a social entitlement (Anderson, 1995 McAleavey and De Rynck, 1997). One might so argue that current cohesion policy is merely the least bad solution in an opportunity structure inhospitable to European social policy.2 However, the intend of European regulated capitalism has not been to emulate traditional social policies at European level, but to formulate a viable alternative to European neoliberalism as well as to ineffective national welfare politics (Hooghe and Marks, 1998). From that perspective, current cohesion policy appears far more effective. The most influential press of European regulated capitalism has been former Commi ssion president Jacques Delors (Delors, 1992 Ross, 1995). Most centre-left and, selectively, Christian Democratic parties in Europe have come to support the project, but the coalition also includes trade unionists, environmentalists, local and regional governmental actors, and even certain business representatives at