Author: Damian Chalmers
Publisher: Cambridge University Press
ISBN: 1316598462
Category : Law
Languages : en
Pages :
Book Description
This volume argues that the crisis of the European Union is not merely a fiscal crisis but reveals and amplifies deeper flaws in the structure of the EU itself. It is a multidimensional crisis of the economic, legal and political cornerstones of European integration and marks the end of the technocratic mode of integration which has been dominant since the 1950s. The EU has a weak political and administrative centre, relies excessively on governance by law, is challenged by increasing heterogeneity and displays increasingly interlocked levels of government. During the crisis, it has become more and more asymmetrical and has intervened massively in domestic economic and legal systems. A team of economists, lawyers, philosophers and political scientists analyze these deeper dimensions of the European crisis from a broader theoretical perspective with a view towards contributing to a better understanding and shaping the trajectory of the EU.
The End of the Eurocrats' Dream
The End of the Eurocrats' Dream
Author: Damian Chalmers
Publisher: Cambridge University Press
ISBN: 9781107514676
Category : Law
Languages : en
Pages : 0
Book Description
This volume argues that the crisis of the European Union is not merely a fiscal crisis but reveals and amplifies deeper flaws in the structure of the EU itself. It is a multidimensional crisis of the economic, legal and political cornerstones of European integration and marks the end of the technocratic mode of integration which has been dominant since the 1950s. The EU has a weak political and administrative centre, relies excessively on governance by law, is challenged by increasing heterogeneity and displays increasingly interlocked levels of government. During the crisis, it has become more and more asymmetrical and has intervened massively in domestic economic and legal systems. A team of economists, lawyers, philosophers and political scientists analyse these deeper dimensions of the European crisis from a broader theoretical perspective with a view towards contributing to a better understanding and shaping the trajectory of the EU.
Publisher: Cambridge University Press
ISBN: 9781107514676
Category : Law
Languages : en
Pages : 0
Book Description
This volume argues that the crisis of the European Union is not merely a fiscal crisis but reveals and amplifies deeper flaws in the structure of the EU itself. It is a multidimensional crisis of the economic, legal and political cornerstones of European integration and marks the end of the technocratic mode of integration which has been dominant since the 1950s. The EU has a weak political and administrative centre, relies excessively on governance by law, is challenged by increasing heterogeneity and displays increasingly interlocked levels of government. During the crisis, it has become more and more asymmetrical and has intervened massively in domestic economic and legal systems. A team of economists, lawyers, philosophers and political scientists analyse these deeper dimensions of the European crisis from a broader theoretical perspective with a view towards contributing to a better understanding and shaping the trajectory of the EU.
Author:
Publisher: Oxford University Press
ISBN: 0198915543
Category :
Languages : en
Pages : 1345
Book Description
Publisher: Oxford University Press
ISBN: 0198915543
Category :
Languages : en
Pages : 1345
Book Description
Accountability in the Economic and Monetary Union
Author: Menelaos Markakis
Publisher: Oxford University Press
ISBN: 0192583948
Category : Law
Languages : en
Pages : 417
Book Description
Following the financial and public debt crisis, the EU's Economic and Monetary Union (EMU) has been under intense political scrutiny. The measures adopted in response to the crisis have granted additional powers to the EU (and national) authorities, the exercise of which can have massive implications for the economies of the Member States, financial institutions and, of course, citizens. The following questions arise: how can we hold accountable those institutions that are exercising power at the national and EU level? What is the appropriate level, type and degree of accountability and transparency that should be involved in the development of the EU's governance structures in the areas of fiscal and economic governance and the Banking Union? What is the role of parliaments and courts in holding those institutions accountable for the exercise of their duties? Is the revised EMU framework democratically legitimate? How can we bridge the gap between the citizens - and the institutions that represent them - and those institutions that are making these important decisions in the field of economic and monetary policy? This book principally examines the mechanisms for political and legal accountability in the EMU and the Banking Union. It examines the implications that the reforms of EU economic governance have had for the locus and strength of executive power in the Union, as well as the role of parliaments (and other political fora) and courts in holding the institutions acting in this area accountable for the exercise of their tasks. It further sets out several proposals regarding transparency, accountability, and legitimacy in the EMU.
Publisher: Oxford University Press
ISBN: 0192583948
Category : Law
Languages : en
Pages : 417
Book Description
Following the financial and public debt crisis, the EU's Economic and Monetary Union (EMU) has been under intense political scrutiny. The measures adopted in response to the crisis have granted additional powers to the EU (and national) authorities, the exercise of which can have massive implications for the economies of the Member States, financial institutions and, of course, citizens. The following questions arise: how can we hold accountable those institutions that are exercising power at the national and EU level? What is the appropriate level, type and degree of accountability and transparency that should be involved in the development of the EU's governance structures in the areas of fiscal and economic governance and the Banking Union? What is the role of parliaments and courts in holding those institutions accountable for the exercise of their duties? Is the revised EMU framework democratically legitimate? How can we bridge the gap between the citizens - and the institutions that represent them - and those institutions that are making these important decisions in the field of economic and monetary policy? This book principally examines the mechanisms for political and legal accountability in the EMU and the Banking Union. It examines the implications that the reforms of EU economic governance have had for the locus and strength of executive power in the Union, as well as the role of parliaments (and other political fora) and courts in holding the institutions acting in this area accountable for the exercise of their tasks. It further sets out several proposals regarding transparency, accountability, and legitimacy in the EMU.
The European Parliament in Times of EU Crisis
Author: Olivier Costa
Publisher: Springer
ISBN: 3319973916
Category : Political Science
Languages : en
Pages : 475
Book Description
This book assesses the many changes that have occurred within the European Parliament and in its external relations since the Lisbon treaty (2009) and the last European elections (2014). It is undoubtedly the institution that has evolved the most since the 1950s. Despite the many crises experienced by European integration in the last years, the Parliament is still undergoing important changes in its formal competences, its influence on policy-making, its relations with other EU institutions, its internal organisation and its internal political dynamics. Every contribution deals with the most recent aspects of these evolutions and addresses overlooked topics, providing an overview of the current state of play which challenges the mainstream intergovernmental approach of the EU. This project results from research conducted at the Department of European Political and Governance Studies of the College of Europe. Individual research of several policy analysts of the European Parliamentary Research Service (EPRS) have contributed to this endeavour.
Publisher: Springer
ISBN: 3319973916
Category : Political Science
Languages : en
Pages : 475
Book Description
This book assesses the many changes that have occurred within the European Parliament and in its external relations since the Lisbon treaty (2009) and the last European elections (2014). It is undoubtedly the institution that has evolved the most since the 1950s. Despite the many crises experienced by European integration in the last years, the Parliament is still undergoing important changes in its formal competences, its influence on policy-making, its relations with other EU institutions, its internal organisation and its internal political dynamics. Every contribution deals with the most recent aspects of these evolutions and addresses overlooked topics, providing an overview of the current state of play which challenges the mainstream intergovernmental approach of the EU. This project results from research conducted at the Department of European Political and Governance Studies of the College of Europe. Individual research of several policy analysts of the European Parliamentary Research Service (EPRS) have contributed to this endeavour.
The Political Economy of Monetary Solidarity
Author: Waltraud Schelkle
Publisher: Oxford University Press
ISBN: 0191027774
Category : Political Science
Languages : en
Pages : 387
Book Description
Creating the European monetary union between diverse and unequal nation states is arguably one of the biggest social experiments in history. This book offers an explanation of how the euro experiment came about and was sustained despite a severe crisis, and provides a comparison with the monetary-financial history of the US. The euro experiment can be understood as risk-sharing through a currency that is issued by a supranational central bank. A single currency shares liquidity risks by creating larger markets for all financial assets. A single monetary policy responds to business cycles in the currency area as a whole rather than managing the path of one dominant economy. Mechanisms of risk-sharing become institutions of monetary solidarity if they are consciously maintained, but they will periodically face opposition in member states. This book argues that diversity of membership is not an economic obstacle to the success of the euro, as diversity increases the potential gains from risk sharing. But political cooperation is needed to realize this potential, and such cooperation is up against collective action problems which become more intractable as the parties become more diverse. Hence, risk-sharing usually comes about as a collective by-product of national incentives. This political-economic tension can explain why the gains from risk-sharing are not more fully exploited, both in the euro area and in the US dollar area. This approach to monetary integration is based on the theory of collective action when hierarchy is not available as a solution to inter-state cooperation. The theory originates with Keohane and Ostrom (1995) and it is applied in this book, taking into account the latest research on the inherent instability of financial market integration.
Publisher: Oxford University Press
ISBN: 0191027774
Category : Political Science
Languages : en
Pages : 387
Book Description
Creating the European monetary union between diverse and unequal nation states is arguably one of the biggest social experiments in history. This book offers an explanation of how the euro experiment came about and was sustained despite a severe crisis, and provides a comparison with the monetary-financial history of the US. The euro experiment can be understood as risk-sharing through a currency that is issued by a supranational central bank. A single currency shares liquidity risks by creating larger markets for all financial assets. A single monetary policy responds to business cycles in the currency area as a whole rather than managing the path of one dominant economy. Mechanisms of risk-sharing become institutions of monetary solidarity if they are consciously maintained, but they will periodically face opposition in member states. This book argues that diversity of membership is not an economic obstacle to the success of the euro, as diversity increases the potential gains from risk sharing. But political cooperation is needed to realize this potential, and such cooperation is up against collective action problems which become more intractable as the parties become more diverse. Hence, risk-sharing usually comes about as a collective by-product of national incentives. This political-economic tension can explain why the gains from risk-sharing are not more fully exploited, both in the euro area and in the US dollar area. This approach to monetary integration is based on the theory of collective action when hierarchy is not available as a solution to inter-state cooperation. The theory originates with Keohane and Ostrom (1995) and it is applied in this book, taking into account the latest research on the inherent instability of financial market integration.
The Currency of Solidarity
Author: Vestert Borger
Publisher: Cambridge University Press
ISBN: 1108836364
Category : Business & Economics
Languages : en
Pages : 439
Book Description
Analyses the European Union's constitutional transformation during the euro crisis, especially the interaction between politics and the ECJ in its materialization.
Publisher: Cambridge University Press
ISBN: 1108836364
Category : Business & Economics
Languages : en
Pages : 439
Book Description
Analyses the European Union's constitutional transformation during the euro crisis, especially the interaction between politics and the ECJ in its materialization.
The EU Social Market Economy and the Law
Author: Delia Ferri
Publisher: Routledge
ISBN: 1351068504
Category : Law
Languages : en
Pages : 347
Book Description
Investigating the extent to which the European Union can be defined as a "highly competitive social market economy", this edited collection illustrates and tests the constitutional reverberations of Art. 3(3) of the Treaty on the European Union, and discusses its actual and potential transformative effect. In the aftermath of Brexit, and in the 60th anniversary of the Treaty of Rome, the book is particularly timely and topical, offering new and deeper insights on the complex and constantly evolving social dimension of the EU, ultimately reflecting on how the objective of (re)constituting the EU as a "highly competitive social market economy" might best be achieved.
Publisher: Routledge
ISBN: 1351068504
Category : Law
Languages : en
Pages : 347
Book Description
Investigating the extent to which the European Union can be defined as a "highly competitive social market economy", this edited collection illustrates and tests the constitutional reverberations of Art. 3(3) of the Treaty on the European Union, and discusses its actual and potential transformative effect. In the aftermath of Brexit, and in the 60th anniversary of the Treaty of Rome, the book is particularly timely and topical, offering new and deeper insights on the complex and constantly evolving social dimension of the EU, ultimately reflecting on how the objective of (re)constituting the EU as a "highly competitive social market economy" might best be achieved.
The Dream of Rome
Author: Boris Johnson
Publisher: HarperCollins UK
ISBN: 0007224451
Category : Biography & Autobiography
Languages : en
Pages : 271
Book Description
The Romans created the most successful and longest-lasting empire in history. They conquered and civilised a territory that stretched from Scotland to Libya, from Portugal to Iraq - and then ran it for more than 400 years. The dream of Rome has lived on in the memory of European leaders ever since, and one after the other they have tried to imitate the Roman achievement. Charlemagne tried it. Napoleon tried it. And now the European Union can be seen as the latest attempt to rediscover the unity of the Roman empire. So how did the Romans pull it off? Boris Johnson has long been fascinated by the Roman achievement - how they managed to weld the peoples of Europe together, and how they created a cultural and political identity that is proving so elusive to us in Europe today. Here he presents an account of how they financed and organised the state. He explains the miraculous process by which people wanted to become Roman citizens and, for the first time, to share a common European identity.With minimal regulation, and a tiny bureaucracy, the Romans created the first single European market, complete with single currency - and all with an army that represented a very small percentage of the population. What was their magic? This is the first book to examine the Roman system in detail, as a way of casting light on the challenges we face today. It is full of the wonderful scenes and extraordinary characters who made our civilisation, and who still inspire the dream of Rome.
Publisher: HarperCollins UK
ISBN: 0007224451
Category : Biography & Autobiography
Languages : en
Pages : 271
Book Description
The Romans created the most successful and longest-lasting empire in history. They conquered and civilised a territory that stretched from Scotland to Libya, from Portugal to Iraq - and then ran it for more than 400 years. The dream of Rome has lived on in the memory of European leaders ever since, and one after the other they have tried to imitate the Roman achievement. Charlemagne tried it. Napoleon tried it. And now the European Union can be seen as the latest attempt to rediscover the unity of the Roman empire. So how did the Romans pull it off? Boris Johnson has long been fascinated by the Roman achievement - how they managed to weld the peoples of Europe together, and how they created a cultural and political identity that is proving so elusive to us in Europe today. Here he presents an account of how they financed and organised the state. He explains the miraculous process by which people wanted to become Roman citizens and, for the first time, to share a common European identity.With minimal regulation, and a tiny bureaucracy, the Romans created the first single European market, complete with single currency - and all with an army that represented a very small percentage of the population. What was their magic? This is the first book to examine the Roman system in detail, as a way of casting light on the challenges we face today. It is full of the wonderful scenes and extraordinary characters who made our civilisation, and who still inspire the dream of Rome.
The European Social Model under Pressure
Author: Romana Careja
Publisher: Springer
ISBN: 3658270438
Category : Political Science
Languages : en
Pages : 624
Book Description
The European Social Model is at a crossroad. Although from the 1990s onwards, the threat of an imminent crisis shaped much of the rhetoric surrounding the future of the welfare state, disagreement within the academic community remains. What is however increasingly clear is that with the global financial crisis and the Euro crisis that followed it, the challenges the European Social Model faces have become more acute and demand action. This volume launches a multifaceted inquiry into these challenges. Each contribution, written by renowned scholars in their fields, represents an in-depth exploration of issues that cut to the core of current political, economic and social processes. They are an invitation to the seasoned scholars as well as to the beginning students of social sciences, public administration or journalism to engage with, by now, a large body of scholarship, to accompany the authors in their endeavours to seek an explanation to burning questions and start their own inquiries.
Publisher: Springer
ISBN: 3658270438
Category : Political Science
Languages : en
Pages : 624
Book Description
The European Social Model is at a crossroad. Although from the 1990s onwards, the threat of an imminent crisis shaped much of the rhetoric surrounding the future of the welfare state, disagreement within the academic community remains. What is however increasingly clear is that with the global financial crisis and the Euro crisis that followed it, the challenges the European Social Model faces have become more acute and demand action. This volume launches a multifaceted inquiry into these challenges. Each contribution, written by renowned scholars in their fields, represents an in-depth exploration of issues that cut to the core of current political, economic and social processes. They are an invitation to the seasoned scholars as well as to the beginning students of social sciences, public administration or journalism to engage with, by now, a large body of scholarship, to accompany the authors in their endeavours to seek an explanation to burning questions and start their own inquiries.