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AA12117871-20110300-0001  
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Title
Title What Greece teaches us about democracy  
Kana  
Romanization  
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Title  
Kana  
Romanization  
Creator
Name 嘉治, 佐保子  
Kana カジ, サホコ  
Romanization Kaji, Sahoko  
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Affiliation (Translated)  
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Place
Tokyo  
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Name Global Center of Excellence Center of Governance for Civil Society, Keio University  
Kana  
Romanization  
Date
Issued (from:yyyy) 2011  
Issued (to:yyyy)  
Created (yyyy-mm-dd)  
Updated (yyyy-mm-dd)  
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Name Journal of political science and sociology  
Name (Translated)  
Volume  
Issue 14  
Year 2011  
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Start page 1  
End page 15  
ISSN
18849350  
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Abstract
This paper offers an alternative interpretation of the ongoing crisis in Europe, by explaining the following three related points. One, the issue is bigger than the euro, involving a broader aspect of European integration. Two, the question is bigger than Europe; it is about how to improve governance at national and supra-national levels. Three, in the end this is a Greek lesson in democracy, which teaches us the importance of asking people how much sovereignty they are ready to give up in order to have overall stability. 
 When democracy does not work well, voters vote for politicians who conduct expansionary monetary and fiscal policy to give them growth without painful reform. But without reform that allows funds to flow into investment that improves productivity, expansionary policies result in financial and real estate bubbles. Supra-national agreements can make reforms inevitable if not more palatable. But nations resist this in the name of sovereignty.
 The EU's efforts at improving governance suggests the tidings of a fundamental change, not for what has been achieved already but for how difficult it has been to get even this far. The crisis is a lesson in democracy originating in Greece. Europe is revealing a fundamental problem in integration. Democratic nations will not participate in integration unless they retain at least some sovereignty, but integration will not work unless they cede some sovereignty. The problem is that the two sets of sovereignty sometimes overlap. This is a problem that all nations of the world will face in coming years, with increased interdependence. In this sense, Europe still leads the way.
 
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英語  
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Aug 03, 2011 09:00:00  
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Aug 03, 2011 09:00:00  
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/ Public / Keio University Global COE Program Center of Governance for Civil Society / Journal of political science and sociology / 14 (201103)
 
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