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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Bibliographic Details
Main Author: Tomasz P. Woźniakowski
Format: Article
Language:English
Published: Cogitatio 2023-10-01
Series:Politics and Governance
Subjects:
Online Access:https://www.cogitatiopress.com/politicsandgovernance/article/view/7233