The Concept of "Good Governance" in the Context of the European Integration Process

Abstract

There are many infl uential studies relating to the phenomenon of "good governance" in legal, economic or political dimensions. The major purpose of this paper is to present an interdisciplinary approach that attempts to integrate legal, economic, and political fi elds to analyse the indicated concept. This article aims at illustrating the interactions and interdependences between "good governance" and the school of law and economics, especially within the European Integration process, founded on the said principles. Apart from legal and economic issues, the indicated areas form a specific field of politics which should be perceived through the prism of political science. The economic approach requires focusing attention on the process of profi t maximisation, however, one should not ignore the element of classical political disputes. The hypothesis of this article is the following statement: the decomposition of the liberal idea of law and economy may translate into a downturn of the European supranational structures, leading to the modifi cation of institutions relying on the principles of "good governance".