Fiscal policies coordination, macro-stability purposes and provision of European public goods are undoubtedly economic goals of paramount importance when considering the implementation of Fiscal Union at European level. However, there is also a complementary component of moral nature embedded in the constitution of any fiscal system, that is reallocation of resources. The core idea of the paper is that A Theory of Justice of John Rawls can provide a new and compelling basis accounting for the institution of European Fiscal Union in the redistributive perspective since the European Union holds a) a scheme of mutually advantageous cooperation and b) a thick network of institutions which constitute a basic structure. The main outcome of this analysis is a European difference principle. This conclusion is then followed by a corollary: if the European institutions are to be shaped to reflect an arrangement of Rawlsian nature, they should also include Fiscal Union at European level.

A Theory of Justice of John Rawls as Basis for European Fiscal Union / Klaser, Klaudijo. - In: REVIEW OF ECONOMICS AND INSTITUTIONS. - ISSN 2038-1379. - ELETTRONICO. - 2020:Vol. 11 – No. 1/2(2020), pp. 401-430. [10.5281/zenodo.5380398]

A Theory of Justice of John Rawls as Basis for European Fiscal Union

Klaser Klaudijo
2020-01-01

Abstract

Fiscal policies coordination, macro-stability purposes and provision of European public goods are undoubtedly economic goals of paramount importance when considering the implementation of Fiscal Union at European level. However, there is also a complementary component of moral nature embedded in the constitution of any fiscal system, that is reallocation of resources. The core idea of the paper is that A Theory of Justice of John Rawls can provide a new and compelling basis accounting for the institution of European Fiscal Union in the redistributive perspective since the European Union holds a) a scheme of mutually advantageous cooperation and b) a thick network of institutions which constitute a basic structure. The main outcome of this analysis is a European difference principle. This conclusion is then followed by a corollary: if the European institutions are to be shaped to reflect an arrangement of Rawlsian nature, they should also include Fiscal Union at European level.
2020
Vol. 11 – No. 1/2
Klaser, Klaudijo
A Theory of Justice of John Rawls as Basis for European Fiscal Union / Klaser, Klaudijo. - In: REVIEW OF ECONOMICS AND INSTITUTIONS. - ISSN 2038-1379. - ELETTRONICO. - 2020:Vol. 11 – No. 1/2(2020), pp. 401-430. [10.5281/zenodo.5380398]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11572/300971
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