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An American evaluation of Europe's Constitutional Prospect

Author

Listed:
  • James M. Buchanan

    (Facultad de Ciencias Económicas y Empresariales. Universidad Complutense de Madrid.)

Abstract
To an outsider, an American observer, there are many reasons why Europeans should seize the opportunity for integration that history now offers to them. These reasons may vary as among the separated nation-states, although the universally applicable benefits promised by an extension of the effective market nexus should appeal to citizens of all countries. These purely economic benefits of integration look as relatively more important for those citizens of the smaller national units, but it is noteworthy that the spontaneous adjustments driven in part by modern technology seem to be operating to make economic integration a natural process.

Suggested Citation

  • James M. Buchanan, 1992. "An American evaluation of Europe's Constitutional Prospect," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales 92-26, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales.
  • Handle: RePEc:ucm:doctra:92-26
    as

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    File URL: https://eprints.ucm.es/id/eprint/26022/1/9226.pdf
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