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The Euro Area Crisis in Constitutional Perspective (Hardcover)
Loot Price: R2,013
Discovery Miles 20 130
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The Euro Area Crisis in Constitutional Perspective (Hardcover)
Series: Oxford Studies in European Law
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The euro area sovereign debt crisis has been the greatest threat to
the euro since its inception, but the consequences of the crisis go
well beyond the realm of macroeconomics: the crisis has cast doubt
on the viability of a mechanism of integration such as the one
envisaged in Economic and Monetary Union (EMU), and on the future
of the European Union as a political project in the face of
citizens' growing disaffection. The various responses to the crisis
have not only altered the principles underlying EMU; they have also
had a profound impact on the constitutional orders of the EU and
its Member States. This book focuses on the euro area crisis and
its aftermath from a constitutional perspective. It provides a
critical analysis of the workings and evolution of Economic and
Monetary Union, the changes brought by the crisis and their broader
effects, and the constitutional obstacles to integration in this
area. Looking forward, it tackles the uncertain future of economic
and fiscal integration and the challenges posed. This is a
compelling and incisive account of some of the most significant
developments and dilemmas facing the European Union since its
creation.
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