EU Law and Economics

Author:   Armin Steinbach (Professor of Law and Economics, Professor of Law and Economics, École des Hautes Études Commerciales (HEC) Paris)
Publisher:   Oxford University Press
ISBN:  

9780198920885


Pages:   288
Publication Date:   23 January 2025
Format:   Hardback
Availability:   To order   Availability explained
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EU Law and Economics


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Full Product Details

Author:   Armin Steinbach (Professor of Law and Economics, Professor of Law and Economics, École des Hautes Études Commerciales (HEC) Paris)
Publisher:   Oxford University Press
Imprint:   Oxford University Press
Dimensions:   Width: 16.40cm , Height: 2.00cm , Length: 24.00cm
Weight:   0.620kg
ISBN:  

9780198920885


ISBN 10:   0198920881
Pages:   288
Publication Date:   23 January 2025
Audience:   Professional and scholarly ,  College/higher education ,  Professional & Vocational ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   To order   Availability explained
Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us.

Table of Contents

Part I. Basics 1: Meandering between rational choice, realism, constructivism, and institutionalism 2: A cursory review of economic methods ""Part II. 3: What states and EU institutions care about 4: The logic of barter trade: Rational choice and constitutional economics 5: Reducing transaction costs 6: Supplying public goods and addressing external effects 7: Leveraging economies of scale 8: Why cooperation fails ""Part III. 9: Membership of EU Treaties 10: Centralization 11: Flexibility 12: Non-consensual EU law 13: Legislative choices 14: Enforcement Part IV. Who Cooperates under EU Law 15: The European Council and Council of Ministers 16: The European Parliament 17: The European Court of Justice 18: The European Central Bank 19: The European Commission 20: Adjudication Part V. What to Cooperate on in the EU 21: European Public Goods 22: Internal market: economic integration 23: Economic and Monetary Union

Reviews

Understanding the European Union requires more than studying the rules laid down in the European Treaties. EU Law and Economics opens an insightful and thought-provoking dialogue between two distinct disciplines. Written with lucid erudition, Steinbach deploys economic analysis to illuminate core structural questions about the European legal order. An important new contribution to the theoretical and practical understanding of EU law. * Pascal Lamy, former Director General of the World Trade Organization (WTO) and Vice-President of the Paris Peace Forum * EU Law and Economics provides a masterful analysis of the interaction between law and economics in the European Union, and the different perspectives that lawyers and economists have when approaching the why, how, who and what of integration. Steinbach carefully contrasts the role of the Member States, as the 'masters of the Treaties' (the rock on which democratic legitimacy rests) with the evolution of the EU as an actor in itself, with a number of defining features such as the supremacy of EU law over national law and the innovative role of the Court of Justice of the European Union. The book is destined to become an essential reference for scholars, practitioners students and policy-makers in law and economics. * Rosa Lastra, Sir John Lubbock Chair in Banking Law and Chair of the Institute of Banking and Finance Law the Centre for Commercial Law Studies, Queen Mary University of London * Armin Steinbach' research work combines an acutely insightful grasp of the minutiae of the European Union's legal system with an exceptionally perceptive command of the economics of European policy integration. This masterpiece book will no doubt prove indispensable read for both legal scholars and economists. * Jean Pisani-Ferry, Professor of Economics at Sciences Po (Paris), Senior Fellow at Bruegel (Brussels) and Peterson Institute for International Economics (Washington) * In this insightful volume, Armin Steinbach provides an innovative, coherent, and satisfying approach to understanding the rules, processes, and constitutional structure of European integration. Drawing on law and economics, rational choice theory, public choice theory, constructivist theory, constitutional economics, and other dimensions of rational analysis, he provides an essential and compelling framework for current understanding and future research that will guide students, policymakers, and scholars of the EU for decades. This volume shows, to paraphrase Molière in Le Bourgeois Gentilhomme, that for 70 years the EU has been 'speaking' law and economics without knowing it. * Joel P. Trachtman, Henry J. Braker Professor of International Law, The Fletcher School of Law and Diplomacy, Tufts University *


Author Information

Armin Steinbach holds the Jean Monnet Chair of Law and Economics, European Law, and International Law. He is also a visiting professor at the London School of Economics (LSE) and non-resident Fellow at Brussels-based think tank Bruegel. He previously served as a government official for more than ten years, heading the fiscal policy division in the German Ministry of Finance and the economic policy division in the Ministry of Economic and Energy Affairs. Armin sits on the WTO list of panellists serving the WTO Dispute Settlement Body.

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