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Redefining European Economic Governance (Paperback)
Loot Price: R1,257
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Redefining European Economic Governance (Paperback)
Series: Journal of European Integration Special Issues
Expected to ship within 12 - 17 working days
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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.
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