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The rise of redistributive politics in the EU is setting limits on the completion of Economic and Monetary Union

Vilpišauskas, Ramūnas , (2017), “The rise of redistributive politics in the EU is setting limits on the completion of Economic and Monetary Union”, LSE EUROPP, 24 Ιουνίου

One of the key areas of controversy in responses to the Eurozone crisis has been the notion of transferring financial resources from prosperous economies in the North to struggling economies in the South. Ramūnas Vilpišauskas argues that this issue has effectively put redistributive politics at the forefront of debates over the Eurozone crisis. One of the consequences of this development is that it has shifted public attitudes away from a ‘permissive consensus’ around European integration, to one of public discontent at the consequences of redistributive outcomes. Public opinion has effectively become a constraint on deepening the integration process.

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