Historical analysis highlights joint debt instruments’ role in federalization of the EU, paralleling US federalism.
This article examines the process of European integration from a historical perspective, employing a legal-comparative approach with the United States. The core objective is to determine whether the introduction of joint debt instruments by the European Union and its 27 member states under the Next Generation mechanism signifies a critical juncture in advancing the federalization of the European Union. The analysis draws on Alexander Hamilton's plan, which consolidated the debts of 13 states under the federal government – a measure widely regarded as pivotal in shaping the United States as a federal state with a robust central government. This article juxtaposes the federalization of the United States, rooted in the socio-political context of the 18th century, with the post-World War II integration processes of European states.
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Tomasz Rzymkowski (2025) studied this question.
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