Polarization in Western democracies and the collapse of centrally planned economies have led to calls for a redefinition of the state's core functions. This collection explores shifting conceptions of constitutional political economy anchoring the state from the viewpoints of theory, systems, and applications, with a view toward identifying why changes may be desirable and how these might be implemented. Nobel Laureate James M. Buchanan offers a foreword to the work and coauthors a chapter on theory of constitutional rules.

Review

'Undoubtedly the book is a valuable tool for researchers who strive to deepen their understanding of constitutional political economy. It should also be very useful for policymakers who are currently debating these important constitutional issues in Europe and elsewhere.' Public Choice

'... a significant scholarly contribution ...'. Political Studies Review

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