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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Financial law
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Accountability in the Economic and Monetary Union - Foundations, Policy, and Governance (Hardcover)
Loot Price: R3,865
Discovery Miles 38 650
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Accountability in the Economic and Monetary Union - Foundations, Policy, and Governance (Hardcover)
Series: Oxford Studies in European Law
Expected to ship within 10 - 15 working days
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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.
General
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