EC4333 Lecture 2 2008 Lisbon and Budgets

1. EC433 Lecture 2 Dr Stephen Kinsella Lisbon Budget CU Theory

2. Last Week EU is an economic solution to a political Problem

3. Today’s Main Message “History affects current spending priorities and affects the path of economic integration”

4. Lisbon

5. What is Lisbon? What does it do? What does it mean? Why did it fail?

6. What is Lisbon? Amends Previous Treaties

7. Why?

8. Lots of Reasons.

9. Streamline Bureaucracy

10. Introduce Qualiﬁed Majority Voting

11. What does this mean?

12. No.Veto.

13. No.Veto.

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