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Author: Diane Fromage Publisher: Routledge ISBN: 0429589980 Category : Business & Economics Languages : en Pages : 169
Book Description
This book considers national parliaments’ and the European Parliament’s role in European Union (EU) economic governance. It examines the recent strengthening of parliamentary involvement, limitations to improvements, and where and how democratic deficits still exist. It also provides the basis for some reflections concerning possible future evolutions and improvements to EU economic governance. The EU’s economic governance framework has been significantly strengthened as a response to the 2008 economic and financial crisis, and the establishment of a new Banking Union in 2013. It is thus key to determine whether these additional transfers of powers to the EU level have been accompanied by an equivalent empowerment of the national and European legislatures, allowing them to ensure adequate democratic legitimation. The chapters comprehensively re-examine the democratic (throughput) legitimacy of, and within, the EU’s economic governance by focusing on national parliaments, on the European Parliament, and on mechanisms for interparliamentary cooperation. This book was originally published as a special issue of the Journal of European Integration.
Author: Diane Fromage Publisher: Routledge ISBN: 0429589980 Category : Business & Economics Languages : en Pages : 169
Book Description
This book considers national parliaments’ and the European Parliament’s role in European Union (EU) economic governance. It examines the recent strengthening of parliamentary involvement, limitations to improvements, and where and how democratic deficits still exist. It also provides the basis for some reflections concerning possible future evolutions and improvements to EU economic governance. The EU’s economic governance framework has been significantly strengthened as a response to the 2008 economic and financial crisis, and the establishment of a new Banking Union in 2013. It is thus key to determine whether these additional transfers of powers to the EU level have been accompanied by an equivalent empowerment of the national and European legislatures, allowing them to ensure adequate democratic legitimation. The chapters comprehensively re-examine the democratic (throughput) legitimacy of, and within, the EU’s economic governance by focusing on national parliaments, on the European Parliament, and on mechanisms for interparliamentary cooperation. This book was originally published as a special issue of the Journal of European Integration.
Author: A. (Ton) van den Brink Publisher: ISBN: Category : Languages : en Pages : 10
Book Description
The current economic crisis has challenged the democratic model of representation within the European Union. The author mentions three fundamental tensions that characterize the legal position of EU states: First, the tension between national sovereignty and economic stability; second, the tension between executive and legislative powers; third, the tension of the gradual introduction and development of redistributive policies at the European level. According to the author, the debate on the 'democratic deficit' is still alive. One of the strongest points of critique on the entire EU has been that there is no concrete democratic path for the national governments. Many measures have been taken to address the economic crisis, such as treaties and soft law instruments. These have led to a new EU Economic Governance Model, where public finance and macroeconomic policies of member states are being coordinated. EU institutions are, on one hand, involved via the European Semester and on the other hand via special procedures in case of problems. The author considers the role of the European Parliament still weak in this issue, as it has no real powers. Arguments therefore arise for stronger national parliaments, for example to compensate this lack of power. The author reminds that national governments are still the key players in defining national economic policies. Although the procedural role of national parliaments in the EU dominates, the author claims that the essential issue is which substantive roles they must pursue in the field of economics.
Author: Aleksandra Maatsch Publisher: Routledge ISBN: 1315387247 Category : Political Science Languages : en Pages : 190
Book Description
This book analyses how national parliaments and parliamentary parties performed their legislative, representative and control functions during the reform of European economic governance. Focusing on domestic approvals of anti-crisis measures (EFSF, ESM and the Fiscal Compact) in all member states of the Eurozone, the book aims at establishing to what extent national parliaments and parliamentary parties secured their competences in EU policy-making during that process. Taking an interdisciplinary approach, In order to address that question the book employs an interdisciplinary approach and analyses (i) in which states parliaments’ formal powers in approval of anti-crisis measures were constrained, (ii) how parliamentary parties voted on the analysed measures, (iii) what were the dominant discourses of their proponents and opponents and (iv) which parties advocated neoliberal and which Keynesian measures. This text will be of key interest to scholars, students and practitioners in European Union politics and studies, political parties and parliaments, European Economic governance and more broadly to European politics.
Author: Mark Dawson Publisher: Oxford University Press ISBN: 019106713X Category : Political Science Languages : en Pages : 286
Book Description
In the wake of the euro crisis, the European Union has been transformed in many ways. Is it now on the right track? The euro crisis, the steps taken to manage it, and the resulting transformations have triggered a necessary process of reconsidering economic governance in the European Union. This volume— the third in a series of annual editions tackling different aspects of governance— examines the long list of open political, legal, and economic questions related to the functioning and fundamental structure of the Union as a whole and the economic and monetary union in particular. Organised in three main sections, the contributions to this collection bring the perspectives of different academic disciplines to bear on the functional aspects of economic governance, the institutional transformations that have taken place, and their implications for the Union's legitimacy. A separate chapter looks at inequalities in perceptions of economic conditions and well-being within the European Union to identify trends particularly during the eurozone crisis. In doing so, the chapters in this volume take stock of the current situation, shed light on the dilemmas and challenges that must be recognised and addressed, and explore various options for the way ahead. The collection's ultimate goal is to assess whether the recent transformations lead EU governance in the right direction or require further adjustment.
Author: Menelaos Markakis Publisher: Oxford University Press ISBN: 0192583956 Category : Law Languages : en Pages : 400
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.
Author: Cristina Fasone Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
This article aims to analyse the European Parliament's (EP) position in the reform of the European economic governance, in particular after the adoption of the 'six-pack,' the 'two-pack' and the 'fiscal compact.' References are made to the involvement of the EP in the decision-making process that led to the adoption of the new measures as well as to the substantive role assigned to this institution in the new regulatory framework. The article argues that the new provisions, which undermine the budgetary authority of national parliaments while, at the same time, designing a limited role for the EP - though strengthened compared to the previous version of the Stability and Growth Pact - can jeopardise the effectiveness of the landmark principle of 'no taxation without parliamentary representation' in the EU.
Author: Willem Molle Publisher: Taylor & Francis ISBN: 1136810056 Category : Business & Economics Languages : en Pages : 409
Book Description
This book sets out a systematisation of the theoretical and conceptual underpinnings of the financial and coordination methods used in EU Economic Governance, offering an empirical investigation into a range of European policy processes.
Author: C. Meyer Publisher: Springer ISBN: 023062572X Category : Political Science Languages : en Pages : 285
Book Description
The creation of Monetary Union marked a major step in the evolution of the European Union. Is the EU now taking the next step of deeper integration towards a fully-fledged economic government? The book seeks to answer this question by studying the evolution, execution and performance of new modes of economic policy co-ordination as potential stepping-stones towards more institutionalized forms of economic governance.
Author: Michele Chang Publisher: Routledge ISBN: 131763912X Category : Political Science Languages : en Pages : 246
Book Description
The global financial crisis and sovereign debt crisis exposed the inadequacy of European economic governance. Despite the multitude of new mechanisms and institutions that have arisen over the last few years, many contend that economic governance remains inadequate and the EU must integrate even further to calm still-volatile markets. A tension exists between creating effective instruments that will not overstep the authority delegated to an EU that has integrated economically but not politically. Can the EU’s economic governance system satisfy the demands of markets and politics? Relevant issues include the ability of supranational institutions to dictate policy to national governments, the harmonization of economic policies and institutions across Europe, and a substantial increase in the transfer of funds across borders. Can monetary union continue without political union? How will the new institutions alter the distribution of power between EU institutions as well as between member states? This edited volume analyzes the major policy challenges and institutional mechanisms at the EU- and international levels to combat the global financial crisis and the EU’s sovereign debt crisis such as financial integration, fiscal cooperation, and the rising power of the ECB. This book was published as a special issue of the Journal of European Integration.
Author: Diane Fromage
Author: Diane Fromage
Author: A. (Ton) van den Brink
Author: Aleksandra Maatsch
Author: Antonio Estella de Noriega
Author: Mark Dawson
Author: Menelaos Markakis
Author: Cristina Fasone
Author: Willem Molle
Author: C. Meyer
Author: Michele Chang