This timely book provides a critical examination of the policies and laws governing EU marine fisheries and the shortcomings of the 2013 Common Fisheries Policy (CFP) reform. In particular it considers how reform is impeded by Treaty-guaranteed concessions, exemptions from general environmental legislation and the Court of the Justice's interpretation of principles unique to the sector. The author discusses how the damaging effects of fishing could be ameliorated if the Court were to align fishery values with general principles of the law, and considers the institutional and regulatory frameworks needed to encourage prudent resource use.The limited development of the CFP beyond the minimal requirements of international law is considered together with the role of the Court in sidelining scientific advice. The book provides a unique exploration of how these barriers to sustainability are compounded by regulatory capture and the public interest in fish resources being unrecognized. Ultimately, the author proposes that the incoherence of the management regime be redressed through market-based reforms and the application of the user-pays principle. This book will be of keen interest to lawyers, environmentalists, policy-makers and marine scientists who are interested in marine fishery management, marine environmental protection, and marine sector economic sustainability. It will also appeal to those involved in developing trans-disciplinary platforms to promote marine resource sustainability.

How do regulatory structures evolve in EU financial governance? Incorporating insights from a variety of disciplines, Governing Finance in Europe provides a comprehensive framework to investigate the dynamics leading to centralisation, decentralisation and fragmentation in EU financial regulation. Offering a comprehensive and generalizable theoretical account of regulatory centralisation, this book combines theoretical approaches from political science, law, sociology and economics to trace centralisation in EU financial governance. Contributors build on a rich political science and legal literature and offer empirical analyses of major EU legislative packages in financial regulation, including the Markets in Financial Instruments Directive II (MiFID II) and Capital Markets Union (CMU). This book systematically identifies and examines the forces and counter-forces on regulatory centralisation. It also offers conjectures as to who benefits from the regulation and how decision-makers are held politically and legally accountable. Featuring contributions from internationally renowned scholars, this book is key reading for academics working in finance and financial policies, particularly those investigating European politics, regulation and regional integration. It will also be of interest to practitioners and policymakers, as chapters provide unique insights into the real-world implications of financial regulation. Contributors include: F. Bulfone, J. Ganderson, A. Heritier, J. Karremans, H. Marjosola, M.G. Schoeller, A. Smolenska, M. Strand

This book explores the ways in which the EU features overlapping spheres of authority. Using territorial ideas prevalent in the Medieval Period, Andreas Faludi offers ways to rethink the current debates surrounding territorialism in the EU. Challenging contemporary European spatial planning, this book explores how modern planning puts the democratic control of state territories and their development in question. The notion of democracy in an increasingly interconnected world is a key issue, and as such Faludi advocates a Europe where national borders are questioned, and ultimately transgressed. Progressive and timely, this book is an invaluable read for academic and practicing planners concerned with European planning and co-operation. Critical social and political geographers will also benefit from the revolutionary insights Faludi offers.

Despite all efforts to create a political union capable of improving European citizens' quality of life, there are several barriers to the European Union's (EU) expansion to the Balkan Region. The EU enlargement and expansion to the Balkan Region is one of the Union's greatest challenges and political objectives in recent years. In the turmoil of economic, social, and sanitarian crises, where is the space to debate the enlargement of the EU? Challenges and Barriers to the European Union Expansion to the Balkan Region presents the EU's structure, the process of enlargement, and the challenges related to the Balkan reason. This book addresses critical issues and challenges in the EU and the emerging trends for the EU's future. Covering topics such as enlargement policy, integration, NATO, and political challenges, this book is a valuable resource for post-grad students of political science and international affairs, faculty of higher education, researchers, academicians, politicians, world leaders, and policymakers.

Twenty-five years after the introduction of European citizenship, it seems as though the EU has overreached itself. In its current state the EU provokes much negative political reaction among its citizens. Conversely, interest in European issues has increased during the crisis, pro-European social movements have emerged and new debates on reforms of the Union?s architecture are flaring up. Through updated and integrated multidisciplinary research this book reconsiders the contradictions and constraints, as well as the promises and prospects, for the future of EU citizenship. With chapters from leading researchers in the field, Reconsidering EU Citizenship is an innovative contribution to the lively debate on European and transnational citizenship. Bringing together policy research and reflections from political theory, this book offers an up-to-date critique of the current state of EU citizenship as well as new insights for its future. As citizenship rights issues become more prominent on the EU policy-making agenda, Reconsidering EU Citizenship will be an invaluable resource to students of EU policy as well as policy-makers and practitioners in the field. Contributors include: F. Cheneval, H. Dean, O. Eberl, M. Ferrin, V. Hlousek, M. Hoogenboom, J. Komarek, V. Koska, M. Prak, S. Seubert, C. Strunck, P. van Parijs, F. Van Waarden

The law and practice of EU external relations is governed not only by general objectives (Articles 3(5) and 21 TEU and Article 205 TFEU) and values (Article 2 TEU) but also by a set of principles found in the Treaties and developed by the Court of Justice, which structure the system, functioning and exercise of EU external competences. This book identifies a set of 'structural principles' as a legal norm-category governing EU external relations; it explores the scope, content and function of those principles that may be categorised as structural. With an ambitious scope, and a stellar line-up of experts in the field, the collection offers a truly innovative perspective on the role of law in EU external relations.

Policy Experiments, Failures and Innovations takes a policy studies perspective in considering post-communist EU member states? experiences since accession. The book analyses policy transfer processes and expands the new and growing sub-field of policy failure by interrogating the binary ideas of ?failure? and ?success? in the context of the Central Eastern European (CEE) transition, democratic consolidation and European Union membership. Contributions consider the extent to which external models have had real traction in the political economies and societies of the CEE countries. The book also considers the ways external models were adapted, transformed or sometimes abandoned in response to unexpected difficulties in implementation. It provides critical analysis of the setbacks, real or perceived policy failures, as well as innovations and unexpected outcomes in a number of important policy areas in the ?new? member states of the EU. This book will be of interest to policy studies scholars and European Union/European studies scholars. It is also relevant for students of European politics as well as general public policy degree courses at undergraduate and graduate level. Contributors include: D. Adascalitei, A. Batory, A. Cartwright, D. Craciun, S. Domonkos, H. Grabbe, A. Kemmerling, A. Krizsan, K. Makszin, L. Matei, G. Medve-Balint, B.G. Peters, D. Stone, S. Svensson, A. Tetenyi, S. Torotcoi, V. Zentai

Starting from the observation that the European Union now possesses many of the attributes of modern political systems, Hix and Hoyland take an innovative approach to analysing, researching and teaching the EU. Using the general theories of political science to understand how the EU works, this text covers each of the main processes in the EU political system - executive, legislative and judicial politics, public opinion, interest groups and democracy, and regulatory, monetary and foreign policies - introducing the key political science tools, reviewing the relevant theories, and applying the knowledge in detailed descriptive analysis. As well as incorporating new data and the latest research, this new edition examines the consequences of the dramatic political and policy developments in the EU over the past decade. The methodology used in the text makes the political system of the EU accessible to political science students as a whole, as well as those specifically studying and researching the EU.

At times when so much attention is devoted to the constitutional architecture of the European Union via Treaty amendments or supplements in the aftermath of the Euro-crisis, the core business of European market building through harmonization is all too often neglected. It deserves strong recognition that Isidora Maletic forcefully brings Art. 114 TFEU back to the agenda. Her competent study provides new insights into the major competence rule which still forms the back bone of European Integration. The constant strive of the EU for embarking on non-trade policies against the half-hearted resistance of the Member States deserves indeed a major study, spelling out the details of the rather complex article. Her comprehensive analysis detects the amazing potential of Art. 114 TFEU as a tool to co-ordinate differences in the understanding of what might be a "high level of protection" and it allows for new ways of co-operation between the EU and the Member States. This finding, which is backed through the analysis of the ECJ case law and the notification procedure of Art. 114 TFEU fits into the overall debate on constitutional pluralism which stays away from a hierarchical understanding of the relationship between the EU legal order and the Member States.' - Hans Micklitz, European University Institute, Italy'This book is essential reading for anyone seeking an up-to-date and critical understanding of the success of the European Union's approach to market harmonisation.' - Veerle Heyvaert, London School of Economics, UK This innovative book explores the constitutional compromise between the European Union's legislative competence and member states' regulatory autonomy, and analyses the reconciliation of economic integration and welfare protection within the European internal market. It does so through the original lens of article 114 TFEU, the law-making clause underlying the European harmonisation process. Focusing on a critical provision and the controversial derogation mechanism contained therein, the book discusses contemporary, universally fundamental topics, such as risk assessment and related responsibility allocation within the constraints of complex legal frameworks, the preservation of regional regulatory autonomy against the background of centralised legislative norms, and the interaction of economic integration with policy interests like consumer, environmental and health protection. Highlighting the collaborative rather than adversarial value of national deviations from common European measures, the study not only complements the literature available on 'negative integration' of the internal market, but also challenges traditionally accepted axioms, revealing opportunities for risk prevention and legitimacy enhancement stemming from diverse European and national regulatory standards. This detailed book will be of wide international appeal to academics, practitioners, students, judges, policy-makers and officials working within the European Union and government representatives of individual member states, as well as anyone more generally interested in the dynamics of EU integration. Contents: Foreword Introduction 1. The Harmonisation of the Internal Market 2. EU Competence in the Internal Market 3. Regulatory Differentiation in the Internal Market 4. The Harmonisation Model Under Article 114 TFEU in Practice 5. Appraisal and Reform Proposals Bibliography Index

Institutional theory has become one of the dominant organizational approaches in recent decades. Its roots can be traced to Europe and an important intellectual objective of this book is to examine North American theory strands and to reconnect them with European research traditions in order to explore new perspectives. For that purpose, this book focuses on how organizations and individuals handle heterogeneous and challenging social conditions which are subsequently reflected in various forms of change. In particular, the book: sheds light on neo-institutionalism from a European perspective examines neo-institutionalism in North American sociological and organizational theories and (re-)connects them with European research traditions explores novel and innovative methodologies to analyse institutions analyzes institutional and organizational change links micro- and macro-approaches to institutions reconnects organizational institutionalism with sociological theories. Finally, the book includes an afterword by John Meyer which is intended to stimulate further discussion. New Themes in Institutional Analysis will appeal to students and academics in organization, management and institutionalism. Contributors include: J.L. Alvarez, N. Arnold, C. Berg Johansen, S. Boch Waldorff, S. Bohn, M. Bottura, R. Corrado, G. Delmestri, G.S. Drori, B. Forgues, R.O. Friedland, M.A. Hoellerer, T. Klatetzki, K. Kloos, V.P. Korff, G. Krucken, M. Lounsbury, C. Mazza, J.W. Meyer, R.E. Meyer, A. Mica, A. Oberg, V. Odorici, C.R. Oelberger, M. Pawlak, W.W. Powell, B. Soppe, J. Strandgaard Pedersen, S. Svejenova, P. Walgenbach, E. Weik, A. Westenholz

A rising interdependence among the members of international society and of global civil society has led to an increasing demand for governance without government. The new regulatory mode is characterized as a 'soft law' framework. The contributors to this book define soft law in terms of legally non-binding rules, such as recommendations, codes of conduct and declarations, though they acknowledge the difficulty sometimes faced in differentiating between hard and soft law, whose boundaries are, in practice, often blurred. Focussing largely on the European experience, the book shows how soft law in the EU has become an important regulatory tool in traditional policy areas, like state aid, and in new policy areas, especially within EU's employment policy. It also extends the analysis to the international stage, arguing that international institutions, such as the OECD, the UN, the IMF and the World Bank, have for decades used soft law as a means, indeed their only means, of regulating international agreements. Comparisons between the two arenas are then drawn and indicate very different roles for soft law. This book will appeal to scholars of European law and politics as well as those involved with or interested in the policy implications of this mode of governance.

Bridging the Prosperity Gap in the EU addresses the great social challenge currently facing the European Union. Taking an interdisciplinary approach, the authors invaluably pinpoint both overarching problems and possibilities associated with the social dimension of European integration. Prominent researchers of economics, law and political science tackle this complex issue, providing new solutions within their respective fields of expertise. The chapters cover crucial policy challenges and analyse fundamental mechanisms that limit, or otherwise affect, the evolution of a European social dimension. These insights clarify the far-reaching measures that will be needed to gradually restore the balance between market integration and social protection across the European Union. Illustrating the importance of cohesion, this book is vital for those interested in comparative European studies, from backgrounds in public and social policy, law and economics. Contributors include: U. Bernitz, N. Charron, A.-C. Jungar, A.-S. Lind, M. Ljunge, L. Magnusson, M. Martensson, S. Murhem, P. Nyman, L. Oxelheim, J. Paju, T. Persson, B. Rothstein, J. Ruist, J.J. Votinius

This handbook is a concise guide for all those who aim at obtaining a basic knowledge of European tax law. Designed for students, it should also be useful for experienced international tax specialists with little knowledge of European law, European law specialists who are reluctant to approach the technicalities of direct taxation and non-Europeans who deal with Europe for business or academic reasons and need to understand the foundations of European tax law. This book should also help academics without a legal background to approach the technical issues raised by European Union tax law. This edition contains selected relevant information available as of 30 June 2022. It retains all of the features and tools contained in the previous editions (including the final charts, which our readers very much appreciate). In this edition we have also included a list of relevant documents and a selection of reference textbooks on European tax law in five languages, which we found of potential interest to our readers.

A growing body of EU law and regulation is preoccupied with the protection of EU citizens from health and environmental risks. Which chemicals are safe and should be allowed on the market? How should the EU respond to public health emergencies, such as Ebola and other infectious diseases? Regulatory responses to these questions confront deep uncertainty, limited knowledge and societal contestation. In a time where the use of scientific expertise in EU policy-making is particularly contested, this book offers a timely contribution to both the academic and policy debate on the role of specialised expertise in EU public decision-making on risk and technology as well as on its intertwinement with executive power. It draws on insights from law, governance, political sciences, and science and technology studies, bringing together leading scholars in this field. Contributions are drawn together by a shared theoretical perspective, namely by their use of co-production as an analytical lens to study the intricate interplay between techno-scientific expertise and EU executive power. By so doing, this collection produces highly original insights into the development of the EU administrative state, as well as into the role of regulatory science in its construction. This book will be useful to scholars, practitioners, and policy-makers working on risk regulation and the role of expertise in public decision-making.

This definitive Handbook addresses the current lack of research into European policy-making and development using an interpretive perspective. Questioning areas that mainstream approaches tend to neglect, contributors target the ways in which ideas, arguments and discourses shape policies in the institutional context of the EU. The Handbook of European Policies provides an in-depth and comprehensive introduction for all significant policy areas in the EU, highlighting the theories of post-positivism and interpretivism. With rich explanations of different methodological and conceptual approaches to post-positivist research, key chapters consider the essential exchange between EU integration studies and EU policy studies, examining how both can benefit from this new and exciting approach. Offering theoretically grounded answers, this Handbook creates a dialogue between critical policy studies and European integration theory. Academics and practitioners concerned with the functioning of EU policies will benefit from the eminent contributors? insights into issues high on the institutional agenda of the EU and its member states. In addition, the Handbook is suitable for both undergraduate and graduate courses concerned with European integration and EU policies. Contributors include: R. Atkinson, P. Biegelbauer, Y. Bollen, D. Dakowska, F. Daviter, P.H. Feindt, H. Heinelt, J. Kantola, J.D. Kelstrup, M. Knodt, X. Kurowska, E. Lombardo, S. Munch, F. Nullmeier, J. Orbie, K.T. Paul, W. Petzold, C.M. Radaelli, D. Sack, E.K. Sarter, S. Saurugger, M.A. Schreurs, K. Serrano Velarde, V.A. Schmidt, M.A. Schreurs, H. Strassheim, M. Weber, K. Zimmermann

The EU is at a crossroads. Should it choose the path towards protectionism or the path towards free trade? This book convincingly argues that lobbying regulation will be a decisive first step towards fulfilling the European dream of free trade, in accordance with the original purpose of the Treaty of Rome. Without the regulation of lobbyists to try and prevent undue political persuasion, there is a greater risk of abuse in the form of corruption, subsidies and trade barriers, which will come at the expense of consumers, tax payers and competitiveness. This interdisciplinary approach - both theoretical and methodological - offers a wealth of knowledge concerning the effect of lobbying on political decision-making and will appeal to academics across the social sciences, practitioners and policy-makers.

This book assesses the competitive and contentious EU-Russia relationship in relation to Ukraine from 2010 to 2013, focusing on the important areas of trade, energy and security. The key issue explored is whether this relationship played any meaningful role in the deterioration of the situation in Ukraine since late 2013. Nicholas Ross Smith begins by exploring the competitiveness of the triangular EU-Russia-Ukraine relationship before the crisis. He then examines the eruption of the Ukraine crisis in greater detail, with a particular focus on trade, energy and security. The book goes on to compare three theoretically and empirically informed medium-term scenarios for the future of the relationship. This research provides a wide-ranging snapshot of EU-Russia-Ukraine relations by comparing the foreign policies of the EU and Russia as well as examining the interplay of identity and perceptions on their foreign policy decision-making. Touching upon both international relations and foreign policy analysis, this book will prove invaluable to scholars and practitioners working on Eastern Europe, the EU and Russia. International relations and foreign policy analysis scholars and students will also find much of interest.

Governing beyond the nation state in multi-level governance systems is a key concern in Europe, and this book goes beyond the usual approach of merely describing characteristics and features in its in-depth exploration of EU governance. The contributors illustrate that multi-level governance is a phenomenon perceived differently all over Europe. They observe distinct variations not only in the real-life impact of EU governance but also in different national research approaches, and showcase systematic empirical analyses of pertinent research projects across Europe. Recent advances in EU governance research form the basis for suggestions on how future research agendas could and should be directed. This book will prove a fascinating read for academics, researchers and students with an interest in comparative governance, EU studies, and the social sciences.

Public procurement law is a necessary component of the single market because it attempts to regulate the public markets of Member States and represents a key priority for the European Union. This Research Handbook makes a major contribution to the understanding of the current EU public procurement regime, its interface with the law of the internal market and the pivotal role that this will play in the delivery of the European 2020 Growth Strategy. Led by Christopher Bovis, a team of internationally acclaimed expert contributors provide comprehensive analysis of the law, jurisprudence and regulation of public procurement in the EU. Coverage is organised into five thematic parts exploring public procurement regulation; strategic procurement; justiciability in public procurement; public procurement and competition; and public procurement and public service. Offering invaluable, contemporary insights, the Research Handbook on EU Public Procurement Law is both detailed and accessible, making it an indispensable resource for researchers, academics, policy makers, regulators and judges at national and international levels. Its wealth of detail and practical assessment will also appeal to current and future generations of procurement practitioners across the European Union. Contributors include: M. Andrecka, C. Bovis, R. Canavan, R. Caranta, C. Clarke, D.C. Dragos, M. Kekelekis, E. Matei, K. Neslein, E. Olsson, S. Panagopoulos, O.S. Pantilimon Voda, K. Pedersen, A. Sanchez Graells, S. Schoenmaekers, T. Tatrai, M. Trybus, S. van Garsee

This book looks at some of the major themes concerning governance in the EU, namely the focus on market-friendly regulations, output legitimacy and how the requirement of efficiency is combined with the requirement of democratic accountability. The dilemma between efficiency and democratic accountability is analysed in three cases of close collaboration between public and private actors: the European satellite navigation programme (Galileo), the European Investment Bank and health policies, and the European financial market - especially the banking sector. The background to this interest in the dilemma between efficiency and democratic accountability is that this is a time when the borders between the public and private spheres are being re-evaluated, transferred and becoming more porous. The author makes a compelling case to show that authority is being shared between public and private actors, rather than power being delegated - inn contrast with the apparent mode of democratic accountability. European Public-Private Collaboration will be warmly welcomed by postgraduate students and researchers of European studies and public policy.

This book aims to give readers an insight into two dynamics that influence the phenomenon of autonomous public bodies (APBs) in the European legal sphere today. Stephanie De Somer first studies both phenomena-EU impulse and national restraint-as standalone trends and then addresses the tensions between them. The first trend covers EU legislation that obliges Member States to entrust the implementation of substantive supranational rules to entities that enjoy a considerable degree of autonomy vis-a-vis central government institutions. The second trend refers to a counter-movement at the national level, where initiatives have been taken to rationalize and restrain the use of APBs. Central to the book is the somewhat controversial question of whether the EU, which is itself often criticized for lacking democratic legitimacy, is disregarding fundamental principles regarding the democratic legitimacy of national administrations when imposing these institutional obligations on its Member States. As far as domestic law is concerned, the book offers an integrated approach that truly compares national legal systems. De Somer also incorporates the results of in-depth interviews with representatives of APBs in different Member States. Focusing on these two contemporary trends, this book demonstrates the extent to which two fundamental systems of rules and principles increasingly influence and transform the phenomenon of APBs This book is relevant not only for legal academia, but also for scholars working in the fields of political science and public administration. National legislatures, governments, regulatory bodies, data protection authorities and other APBs may also find this book useful.

Is the EU a success or a failure? Should It Stay or Should It Go? Britain and the EU The Big Waste or Essential to Feed Europe? The Common Agricultural Policy Observers of the European Union could be forgiven in thinking that since its inception the EU project has been under threat from near constant crises. In recent years, controversial issues such as EU enlargement, the fallout from the Eurozone crisis, migration policies, Brexit and the Corona pandemic have tested the EU to its limits and divided public opinion in the process. The major third edition of this comprehensive textbook on the EU seeks to introduce the integration project by looking at the thorny debates politicians, European citizens and the media contend with on a daily basis. Well known for its unique and pedagogically-innovative key debates format, the editors have invited top names in the field to contribute a stirring contribution either 'for' or 'against' each of the toughest political questions the EU faces. In doing so, not only does it offer a broad introduction to all the key concerns of the Union, but it does so in a way that is contemporary, engaging and designed to spark controversy. New to this Edition: - All chapters fully revised and updatedNew chapter on the transatlantic partnership - All chapters now with key takeaway points - Across all controversies, more inclusion of mainstream gender and feminist approaches

As the power and scope of the European Union moves further, beyond traditional forms of international cooperation between sovereign states, it is important to analyse how these developments are impacting upon national institutions and processes of democratic representation and legitimacy in the member countries. The authors in this book identify four core processes of democratic governance present in any democratic political system that link societal and state processes of decision-making: opinion formation, interest intermediation, national executive decision-making and national parliamentary scrutiny. From a normative perspective they discuss what impacts this process of Europeanization has on democracy in the evolving system. They conclude that more changes are seen within the state-centric than in the societal-centred processes of democracy, thus the public seems to have been 'left behind' in the process of constructing Europe. The empirical research and normative discussion presented in this book are designed to further our knowledge concerning the Europeanization of social and state processes of democracy and to contribute to the continuing dialogue on democracy in the European Union. This book will be of great interest to academics and researchers of political science, public policy and international relations, as well as those interested in European studies and comparative politics.

The past decade has witnessed a proliferation of regulatory agencies at both the national and the EU level. This coherent and clearly structured book is the first of its kind to analyse in equal measure, and interdependently, both national regulatory authorities and European agencies. It brings together a select group of highly esteemed contributors - authorities in their fields - to provide a systematic and over-arching view of regulation in the EU. Unlike many of the previous attempts to shed light on this increasingly opaque and complex co-existence of regulatory systems, this book takes a genuinely multi-disciplinary approach with integrated perspectives from law, politics and economics. Exploring firstly the rationales for the existence of agencies, the book then goes on to examine how agencies are designed in the EU before considering the legal and political challenges they raise, and finally comparing them with international agencies and agencies in an enlarged Europe and the wider world. Academic researchers in the fields of law, economics and politics will find Regulation through Agencies in the EU of great interest as will EU law practitioners, policymakers and regulators in Europe.

This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the European Central Bank and the Stability and Growth Pact.Macroeconomic policy is often hotly debated within the EU. However, the majority of policy discussions have started from a shared view of how the economy works. This shared neo-classical view is also known as the 'Brussels-Frankfurt consensus'. According to that consensus, European labour markets are too rigid in comparison to the US labour market. Hence, the prevalent view is that the European unemployment problem can be solved by increasing incentives; improving the returns on schooling and redefining the role and the necessity of labour market institutions. In this volume the authors argue that it is not at all clear which institutions cause labour market rigidities and to what extent. They note that the problem of unemployment requires a much broader set of solutions, including active labour market policies, policies concerning schooling and the development of skills. Growth and Cohesion in the European Union also highlights that these microeconomic policies will not in themselves provide the solution to what is essentially a macroeconomic problem. First and foremost the role of aggregate demand in the determination of unemployment has to be placed at the forefront of the debate. The extensive discussion of a broad variety of topics in the field of macroeconomic policy will ensure this book finds a welcome readership amongst researchers and academics of European studies and macroeconomics. Policy advisors will also find much to engage them as the book provides a critical view on the Brussels-Frankfurt consensus, currently so dominant amongst European policymakers.