Europe's great divide. A geo-economic-political map
Farina, Francesco ; Tamborini, Roberto
London School of Economics. European Institute
LSE - London
2015
37 p.
economic recession ; European integration ; fiscal policy
LEQS Papers
101
Business economics
http://www.lse.ac.uk/europeanInstitute/LEQS/LEQSPapers.aspx
English
Bibliogr.
"It is now widely agreed that an important driver of the European economic crisis has been the faulty original design of the Monetary Union, and that substantial steps are urgently needed towards the creation of truly European fiscal institutions. The notorious stumbling block along this path is political will. By cross-referencing the results of the 2014 elections of the European Parliament with Eurobarometer opinion polls and an indicator of economic pain, we argue that Europe experiences an unresolved tension between "more Europe" and "less Europe" at the level of European peoples. Data analysis at the country level reveals a surge of what we call Europe's Great Divide, a geo-economic-political cleavage across the EU and across the EZ as well. This is more complex, and perhaps worse, than the simplistic divide between "North" and "South" or "Core" and "Periphery", and it seriously undermines support for ‘more Europe' "from below"."
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