European Union Politics

In 1962 the American statesman Dean Acheson famously charged that Britain had lost an empire and failed to find a new role. Nearly 60 years later the rebuke rings true again. Britain's postwar search for its place in the world has vexed prime ministers and government since the nation's great victory in 1945: the cost of winning the war was giving up the empire. After the humiliation of Anthony Eden's Suez expedition, Britain seemed for a time to have found an answer.

If Europe is to return to an innovative and dynamic economy - and if there is to be shared prosperity, social solidarity, and justice - then EU countries need to break with their current, destructive trajectory. This volume offers concrete strategies for renewal that would also reinvigorate the project of European integration, with fresh ideas in the areas of both macroeconomics and microeconomics, including central banking, public investment, corporate governance and competition policy, social policy, and international trade.