No Borrowing Without Taxing? Fiscal Solidarity of Next Generation EU in Light of the American Experience
This article argues that the EU response to the pandemic, the Next Generation EU (NGEU), dubbed a “Hamiltonian moment” for Europe, can be better understood if compared to the US under the Articles of Confederation. The key aspect of the original Hamiltonian moment was the assumption of states’ debts...
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Format: | Article |
Language: | English |
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Cogitatio
2023-10-01
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Series: | Politics and Governance |
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Online Access: | https://www.cogitatiopress.com/politicsandgovernance/article/view/7233 |