The Metamorphosis of the European Economic Constitution

The Metamorphosis of the European Economic Constitution PDF Author: Herwig C.H. Hofmann
Publisher: Edward Elgar Publishing
ISBN: 1788978307
Category : Law
Languages : en
Pages : 352

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Book Description
Demonstrating the ways in which the micro and macro-economic constitutions of Europe have reacted to legal measures enacted to counter the economic crisis of the past decade, this innovative book takes an interdisciplinary approach in its attempt to understand and portray the metamorphosis of the European Economic Constitution. It contains contributions from leading scholars and experts in European economic law, discussing the challenges, solutions found, problems arising and possible approaches to embed the economic constitution in the broader constitutional framework of the EU. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}

The Metamorphosis of the European Economic Constitution

The Metamorphosis of the European Economic Constitution PDF Author: Herwig C.H. Hofmann
Publisher: Edward Elgar Publishing
ISBN: 1788978307
Category : Law
Languages : en
Pages : 352

Get Book Here

Book Description
Demonstrating the ways in which the micro and macro-economic constitutions of Europe have reacted to legal measures enacted to counter the economic crisis of the past decade, this innovative book takes an interdisciplinary approach in its attempt to understand and portray the metamorphosis of the European Economic Constitution. It contains contributions from leading scholars and experts in European economic law, discussing the challenges, solutions found, problems arising and possible approaches to embed the economic constitution in the broader constitutional framework of the EU. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial}

The Transformation of the European Economic Constitution

The Transformation of the European Economic Constitution PDF Author: Herwig C.H. Hofmann
Publisher:
ISBN:
Category :
Languages : en
Pages : 21

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Book Description
The current times of constitutional transformation in the EU place the following question on the agenda: Is the ongoing economic crisis demarcating the end of the original conception of a 'European Economic Constitution' as it has developed since the early days of the EEC? Or are we witnessing simply a shift towards a new more encompassing model of an EU 'Economic Constitution' in which economic government and economic governance tools are used in parallel to deepen integration and continue the spill-over of economic integration into previously national policies? This contribution traces and evaluates conceptual, regulatory, institutional and legitimacy-related changes and challenges to the EU's model of the 'Economic Constitution' as the basic EU legal framework governing economic policy. This chapter argues that the EU's constitutional framework in the form of the existing Treaties and General Principles of EU law did not provide an adequate legal framework to cope with the ongoing crisis. This failure has, in our view, initiated an ongoing transformation of the EU's 'Economic Constitution' as we know it. Laying the foundations for the transformation took place in several consecutive steps mostly on the intergovernmental level and often as a combination of EU law, public international law and in some cases mixed with private law instruments. The nature of this evolution creates challenges with regard to ensuring compliance of these newly developed structures with the Union's foundational principles of ensuring transparency, democratic legitimacy, fundamental rights and effective review mechanisms in the context of a system under the rule of law. In order to illustrate the modes of the continuous transformation of the 'Economic Constitution' and to evaluate the direction it is taking, this chapter will start with tracing its origins and follow its evolution over time. It thereby distinguishes two separate but interlinked elements of the 'Economic Constitution.' It first looks at the original focus of European regulation regarding what we refer to as 'micro-economic' matters with policies including competition law and the control of state aids. This chapter then turns to the evolving focus of EU law the larger questions of economic and fiscal policies which we refer to in the following as the 'macro-economic' element of the constitutional framework.

The Pluralist Character of the European Economic Constitution

The Pluralist Character of the European Economic Constitution PDF Author: Clemens Kaupa
Publisher: Bloomsbury Publishing
ISBN: 1509901094
Category : Law
Languages : en
Pages : 400

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Book Description
This monograph intervenes in the long-standing and controversial debate on the socio-economic orientation of the European Union. Arguing that the European economic constitution is pluralist in the sense that it does not favour any specific socio-economic paradigm, it shows that European law allows the pursuit of very different regulatory projects by the European and the national legislators. This pluralist character of the European economic constitution stands in an uncomfortable relationship with the policies currently pursued by the European Union, which are often neoliberal in their orientation. The book takes an interdisciplinary approach: it analyses the Treaty on the Functioning of the European Union as interpreted and developed in the case law of the Court of Justice, its history, and its regulatory purpose in the light of conflicting socio-economic paradigms. By challenging the orthodoxy, the book makes a bold proposition that will likely resonate in both European economic law scholarship and European law in general. With the ongoing economic crisis triggering a significant interest in economic questions among legal scholars it is particularly timely and topical.

The European Economic Constitution and Its Transformation Through the Financial Crisis

The European Economic Constitution and Its Transformation Through the Financial Crisis PDF Author: Christian Joerges
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

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Book Description
The idea of an “economic constitution” was developed by a group of German economists and lawyers in the Weimar Republic which sought a “third way” - the “ordo-liberal way” - between laissez-faire liberalism and socialist politics. Ordo-liberalism survived the Third Reich untainted. In the 1950s, Ordo-liberalism was complemented by the concept of the social market economy. In the formative phase of the EEC, ordo-liberal scholars started to promote the ensemble of European economic freedoms and a system of undistorted competition as the constitutional core of the European integration project. The Economic and Monetary Union, as accomplished by the Maastricht Treaty, was expected to complete this project. However, the entire edifice soon proved to be much more vulnerable than its advocates had promised. Following the financial and the sovereign debt crises, EMU with its commitments to price stability and monetary politics is perceived as a failed construction precisely because of its reliance on inflexible rules. European crisis management seeks to compensate for these failures by means of regulatory machinery which disregards the European order of competences, disempowers national institutions, burdens, in particular, Southern Europe with austerity measures; it establishes pan-European commitments to budgetary discipline and macroeconomic balancing. The ideal of a legal ordering of the European economy is thus abolished while the economic and social prospects of these efforts seem gloomy and the Union's political legitimacy becomes precarious.

The Political Economy of the European Constitution

The Political Economy of the European Constitution PDF Author: Luigi Paganetto
Publisher: Routledge
ISBN: 1351145754
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
The enlargement process, the creation of the Monetary Union and the need to promote further the political and economic integration of Europe have ignited an intense debate at the European level among researchers and policy-makers. Examining the effects that political, legal, and regulatory institutions have on economic development, this book provides new contributions on the political economy of the European constitution. It covers many issues including social protection, fiscal reform and regional policies that are on the table of European policy makers. Furthermore, it provides ideas and analysis of such issues as the problem of voting reform, the centralization and decentralization of the policy process and the allocation of new policy prerogatives at the EU level which are crucial for the design of a new European constitution.

State Aid and the European Economic Constitution

State Aid and the European Economic Constitution PDF Author: Francesco de Cecco
Publisher: Bloomsbury Publishing
ISBN: 1782250514
Category : Law
Languages : en
Pages : 141

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Book Description
Recent years have seen the rise of EU State aid law as a crucial component of the European economic constitution. To date, however, the literature has neglected the contribution of this area of EU law to the internal market. This book seeks to fill this gap in our understanding of the economic constitution by exploring the significance of State aid law in addressing questions that go to the core of the internal market project. It does so by examining the case law relating to three different activities that Member States engage in: market participation, market regulation, and funding for Services of General Economic Interest. Each of these areas offers insights into fundamental questions surrounding the economic constitution, such as the separation between the State and the market, the scope for Member States to engage in regulatory competition, and the tension between market and nonmarket concerns.

The European Constitution; How it Was Created, What it Will Change

The European Constitution; How it Was Created, What it Will Change PDF Author: A.T.J.M Jacobs
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description
During 2002-2004 a Constitution for Europe was drawn up by representatives of the 25 European nations. It has been designed to replace the old Treaty of Rome of 1957, establishing the European Economic Community as well as the Treaty of Maastricht, establishing the European Union. On October 29, 2004 in Rome the Treaty establishing a Constitution for Europe was officially signed by the representatives of the 25 Member States of the European Union. This Constitution was subsequently submitted in each of those 25 nations to ratification by national parliaments and in some cases to a popular vote. It meanwhile already acquired 16 ratifications, but it ran into trouble after a no-vote in referenda, held in France and The Netherlands in 2005. After this setback the EU-leaders decided a reflection-pause, which will last until mid 2007. This book describes how the European Constitution was created and what it would change in the way the European Union is being governed. It discusses whether this was only a tidying-up exercise or whether the new Treaty would bring about important changes in the constitution of Europe. Would this Constitution lead to a European superpower with military muscle? Would it improve the protection of human rights? Would it alter the European social model? Would it recognise the Christian roots of Europe's civilisation? This book provides basic information about the European Constitution to answer these and other questions.

Authoritarian Liberalism and the Transformation of Modern Europe

Authoritarian Liberalism and the Transformation of Modern Europe PDF Author: Michael A. Wilkinson
Publisher: Oxford University Press
ISBN: 0198854757
Category : Law
Languages : en
Pages : 353

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Book Description
This book uses constitutional analysis and theory to explore the transformation of Europe from the post-war era until the Euro-crisis. Authoritarian liberalism has developed over these years and, as the book suggests, is now perhaps reaching its limit. This book uses history and theory to reveal the EU's journey and highlight future challenges.

The Impact of the Financial Crisis on the European Economic Constitution

The Impact of the Financial Crisis on the European Economic Constitution PDF Author: Harold James
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


The Impact of the Financial Crisis on the European Economic Constitution

The Impact of the Financial Crisis on the European Economic Constitution PDF Author: Harold James
Publisher:
ISBN:
Category :
Languages : en
Pages : 49

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Book Description