An empirical assessment of whether participatory governance reforms within the EU enhance or endanger democracy. Many consider allowing civil society to take an active role in EU policy-making to offer the most effective means of enhancing democracy in the EU, whereas others argue that such attempts deepen the EU's democratic deficit.
Uses a game theoretic approach to explore which economic policies are 'credible' and 'politically feasible', questions that had eluded traditional macroeconomic approaches.
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