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Author: José Caetano
Publisher: Springer Nature
ISBN: 3030623726
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
This book adopts a comprehensive approach, combining the views of economists and political scientists, to assess the threats of maintaining the non-collaborative stance that prevailed in the response to past crises, and to explore new solutions to the present emergency. The coronavirus pandemic represents a serious test for the continued existence of the European Monetary Union. It has worsened pre-existing divisions among its members and highlighted the urgent need to address institutional and governance problems that were already apparent in the aftermath of the financial crisis and sovereign debt crisis, but have now gained in relevance following the more widespread impact of the disease across the European Union. This book discusses concrete strategies to overcome the current challenges, focusing on the need to build an effective economic and monetary union. It also reflects on ways of pursuing conformity with discipline and coordination rules while also adopting a more collaborative stance that has so far been absent in the Eurozone and has consistently undermined the political and social dimensions of the common currency project.
Author: José Caetano
Publisher: Springer Nature
ISBN: 3030623726
Category : Business & Economics
Languages : en
Pages : 321
Get Book
Book Description
This book adopts a comprehensive approach, combining the views of economists and political scientists, to assess the threats of maintaining the non-collaborative stance that prevailed in the response to past crises, and to explore new solutions to the present emergency. The coronavirus pandemic represents a serious test for the continued existence of the European Monetary Union. It has worsened pre-existing divisions among its members and highlighted the urgent need to address institutional and governance problems that were already apparent in the aftermath of the financial crisis and sovereign debt crisis, but have now gained in relevance following the more widespread impact of the disease across the European Union. This book discusses concrete strategies to overcome the current challenges, focusing on the need to build an effective economic and monetary union. It also reflects on ways of pursuing conformity with discipline and coordination rules while also adopting a more collaborative stance that has so far been absent in the Eurozone and has consistently undermined the political and social dimensions of the common currency project.
Author: José Caetano
Publisher:
ISBN: 9783030623739
Category :
Languages : en
Pages : 0
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Book Description
This book adopts a comprehensive approach, combining the views of economists and political scientists, to assess the threats of maintaining the non-collaborative stance that prevailed in the response to past crises, and to explore new solutions to the present emergency. The coronavirus pandemic represents a serious test for the continued existence of the European Monetary Union. It has worsened pre-existing divisions among its members and highlighted the urgent need to address institutional and governance problems that were already apparent in the aftermath of the financial crisis and sovereign debt crisis, but have now gained in relevance following the more widespread impact of the disease across the European Union. This book discusses concrete strategies to overcome the current challenges, focusing on the need to build an effective economic and monetary union. It also reflects on ways of pursuing conformity with discipline and coordination rules while also adopting a more collaborative stance that has so far been absent in the Eurozone and has consistently undermined the political and social dimensions of the common currency project.
Author: François Foret
Publisher: Routledge
ISBN: 1351037404
Category : Political Science
Languages : en
Pages : 190
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Book Description
Redefinitions of EU borders (enlargements, Brexit), geopolitical challenges (conflicts, migrations, terrorism, environmental risks) and the economic and financial crises have triggered debates on the common values that hold European countries and citizens together, justify public action and ensure the sustainability of European governance. This book discusses the genesis of and increasing references to "European values", their appropriation by diverse groups of actors and their impact on public action. It argues that European values are a broad and flexible symbolic repertoire, instrumental to serving diverging ends, and a resource for both negotiation and conflicts. Looking at the broader picture, the book reflects on the role of values in the institutionalization of the EU as a political order and paves the way to an assessment of its singularity in comparison with other polities across time and space. This text will be of key interest to scholars, students and practitioners in EU politics, comparative politics, IR, public policy, sociology and cultural studies.
Author: José Manuel Martins Caetano
Publisher: Nova Science Publishers
ISBN: 9781536134759
Category : Business & Economics
Languages : en
Pages : 297
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Book Description
The recent global financial crisis and its impacts on the Eurozone have been the subject of many studies, mostly emphasizing the economic dimension. However, the different patterns of responses to the crisis delivered by countries and institutions reflect very distinct political stands. Hence, in order to better grasp the crisis complexity, a multidisciplinary approach, involving the perspectives of both economics and political science, is required.For a broad and coherent vision of the Eurozone crisis and of the exposed limitations of its governance model, one should use the lens of economic analysis on the interfaces of the various interconnected macroeconomic variables. But one should also take into account the features related to decision making processes and resource allocation in a multilevel governance framework, which the crisis has highlighted and has put on the international agenda.With such a mindset, the focus of this book is on the Mundellian rationale of optimal currency areas and its interaction with the Maastricht Treaty institutional framework, which supports the European Monetary Union building. On the other hand, structural vacuums in the regulatory design of the Eurozone have been accompanied by a manifest lack of effective political leadership in the EU's reactions to the crisis, weakening the credibility and reputation of the single currency and leaving Member States dramatically exposed to the logic of global financial markets.The crisis was a crucial event in the European integration process and its developments will permanently sway the future of the European Union. It is therefore not surprising that, faced with the lacunae in the governance of the Eurozone and the coordination failures of its political reactions, the community institutions have looked for better ways to improve the sustainability of the Eurozone design. Such alternatives are profusely discussed in this book.However, in spite of many meritorious efforts, relevant challenges still remain and must be faced for the sake of a more resilient EMU, namely: the completion of the banking union, which is aimed at strengthening the integrity of the euro and the risk sharing capacity of banks and sovereigns; a better coordination of fiscal policies, to reinforce the stabilization role at the central level; and the promotion of structural reforms, to shape an efficient and stable EMU, capable of generating and distributing wealth.This book discusses and proposes responses to the challenges of devising viable governance, oriented to the progressive reduction and sharing of risks, in a more European oriented perspective, in which central and peripheral countries find their ways to prosperity. The book incorporates views of economists and political scientists who revisit and reflect on the causes of the crisis and on its socio-economic effects. The latest changes to the Eurozone governance model are cross-examined along with prospective analyses of some milestones that still need to be achieved.
Author: Amandine Orsini
Publisher: Routledge
ISBN: 1000176398
Category : Law
Languages : en
Pages : 218
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Book Description
This book presents an overview of the field of environmental law and policies within the European Union, from theoretical foundations to major issues and applied governance solutions. Drawing on expertise from renowned academics and practitioners from different disciplines, EU Environmental Governance: Current and Future Challenges helps readers to understand the main legal, political and economic issues of environmental protection since the adoption of the Paris Agreement by the European Union in 2015, until the 2020 Brexit, European Green Deal and coronavirus outbreak. The authors examine a broad range of sensitive and topical environmental issues including climate change, air pollution, waste management and circular economy, nuclear waste, biodiversity, agriculture, chemicals, nanotechnology, the environmental impacts of trade and environmental conflicts, presenting both current insights and future challenges. Overall, this volume exposes the reader to a vast array of empirical case studies, which will bolster their training and help tackle the environmental challenges faced by Europe today. This book is a valuable resource for students, researchers and policymakers across a broad range of fields, including environmental law and policies, environmental economics, climate science and environmental sociology.
Author: Michele Chang
Publisher: Routledge
ISBN: 1317639138
Category : Political Science
Languages : en
Pages : 200
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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: Paul Dermine
Publisher: Cambridge University Press
ISBN: 1009216597
Category : Law
Languages : en
Pages : 425
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Book Description
The Eurozone and the European Union have recently been confronted with a number of existential threats. The sovereign debt crisis and the COVID-19 pandemic have forced European decisionmakers to pass important reforms which have radically transformed the nature and scope of the Union's powers in the field of economic and fiscal policy. As the new economic governance of the Eurozone emerges as the main driver of integration in today's Europe, this book seeks to assess the solidity of the constitutional foundations supporting that system, and its compliance with the Union's core founding value: the rule of law. Using competence allocation, regulatory quality, access to external review and fundamental rights sustainability as analytical benchmarks, this book argues that the recent metamorphosis of Eurozone economic governance has not been accompanied by a parallel strengthening of its constitutional settlement, leading to a problematic misalignment between the Union's action and its governing principles.
Author: Mark Beeson
Publisher: Bloomsbury Publishing
ISBN: 1350311618
Category : Political Science
Languages : en
Pages : 462
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Book Description
The world currently faces a number of challenges that no single country can solve. Whether it is managing a crisis-prone global economy, maintaining peace and stability, or trying to do something about climate change, there are some problems that necessitate collective action on the part of states and other actors. Global governance would seem functionally necessary and normatively desirable, but it is proving increasingly difficult to provide. This accessible introduction to, and analysis of, contemporary global governance explains what it is and the obstacles to its realization. Paying particular attention to the possible decline of American influence and the rise of China and a number of other actors, Mark Beeson explains why cooperation is proving difficult, despite its obvious need and desirability. This is an essential text for undergraduate and postgraduate students studying global governance or international organizations, and is also important reading for those working on political economy, international development and globalization.
Author: Todd Huizinga
Publisher: Encounter Books
ISBN: 1594037906
Category : Political Science
Languages : en
Pages : 280
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Book Description
What caused the eurozone debacle and the chaos in Greece? Why has Europe’s migrant crisis spun out of control, over the heads of national governments? Why is Great Britain calling a vote on whether to leave the European Union? Why are established political parties declining across the continent while protest parties rise? All this is part of the whirlwind that EU elites are reaping from their efforts to create a unified Europe without meaningful accountability to average voters. The New Totalitarian Temptation: Global Governance and the Crisis of Democracy in Europe is a must-read if you want to understand how the European Union got to this point and what the European project fundamentally is. This is the first book to identify the essence of the EU in a utopian vision of a supranationally governed world, an aspiration to achieve universal peace through a global legal order. The ambitions of the global governancers are unlimited. They seek to transform not just the world’s political order, but the social order as well—discarding basic truths about human nature and the social importance of tradition in favor of a human rights policy defined by radical autonomy and unfettered individual choice. And the global governance ideology at the heart of the EU is inherently antidemocratic. EU true believers are not swayed by the common sense of voters, nor by reality itself. Because the global governancers aim to transfer core powers of all nations to supranational organizations, the EU is on a collision course with the United States. But the utopian ideas of global governance are taking root here too, even as the European project flames into rancor and turmoil. America and Europe are still cultural cousins; we stand or fall together. The EU can yet be reformed, and a commitment to democratic sovereignty can be renewed on both sides of the Atlantic.
Author: Johannes Pollak
Publisher: Springer Nature
ISBN: 3030513831
Category : Political Science
Languages : en
Pages : 233
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Book Description
This book provides a wealth of empirical material to understand key aspects of EU governance including its plurality of actors and policy making modes and its functioning during crisis management. Authored by legal scholars and political scientists, it presents new research and insights on the role of EU agencies in the context of the Euro and migration crises. Specifically, the contributions assess why the crises have led to the creation of new EU agencies and what roles these agencies have performed since their inception; how the crisis, notably the migration crisis, has impacted on existing EU agencies; how EU agencies have shaped the policies during and after the crises; and, how the crisis has affected the accountability of EU agencies. This book is essential in understanding the intricacies of EU crisis management and the specific role of EU agencies therein, as well as EU governance more broadly. Chapter 9 is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.
