The Economic Crisis and Governance in the European Union

The Economic Crisis and Governance in the European Union

Author: Javier Bilbao-Ubillos

Publisher: Routledge

Published: 2013-11-20

Total Pages: 246

ISBN-13: 1135118663

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This book explores the way in which the financial crisis that began in the US spread to the economy of the European Union. It takes a critical look at the measures adopted by EU institutions in response to that crisis, seeking to explain the rationale behind them, their context, their development and why different exit strategies were not adopted. In doing this, the book makes comparisons with the measures adopted by institutions in the US and the UK. As the crisis has shown that the financial supervision frameworks prevailing in 2007 were not fully able to deal with the largest financial crisis in history, this volume also reviews the proposals that have been designed to reform the supervisory architecture in financial services in the EU. The book concludes that the EU member states under most pressure from financial markets do suffer from intrinsic problems, but that the economic effects of the crisis have been exacerbated by shortcomings in economic governance within the EU. This work will be highly relevant to policy makers and scholars looking at EU integration, finance and market regulation.


Governance and Politics in the Post-Crisis European Union

Governance and Politics in the Post-Crisis European Union

Author: Ramona Coman

Publisher: Cambridge University Press

Published: 2020-08-27

Total Pages: 445

ISBN-13: 1108586376

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The European Union of today cannot be studied as it once was. This original new textbook provides a much-needed update on how the EU's policies and institutions have changed in light of the multiple crises and transformations since 2010. An international team of leading scholars offer systematic accounts on the EU's institutional regime, policies, and its community of people and states. Each chapter is structured to explain the relevant historical developments and institutional framework, presenting the key actors, the current controversies and discussing a paradigmatic case study. Each chapter also provides ideas for group discussions and individual research topics. Moving away from the typical, neutral account of the functioning of the EU, this textbook will stimulate readers' critical thinking towards the EU as it is today. It will serve as a core text for undergraduate and graduate students of politics and European studies taking courses on the politics of the EU, and those taking courses in comparative politics and international organizations including the EU.


Beyond the Crisis

Beyond the Crisis

Author: Mark Dawson

Publisher: Oxford University Press

Published: 2015-12-10

Total Pages: 286

ISBN-13: 019106713X

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In the wake of the euro crisis, the European Union has been transformed in many ways. Is it now on the right track? The euro crisis, the steps taken to manage it, and the resulting transformations have triggered a necessary process of reconsidering economic governance in the European Union. This volume— the third in a series of annual editions tackling different aspects of governance— examines the long list of open political, legal, and economic questions related to the functioning and fundamental structure of the Union as a whole and the economic and monetary union in particular. Organised in three main sections, the contributions to this collection bring the perspectives of different academic disciplines to bear on the functional aspects of economic governance, the institutional transformations that have taken place, and their implications for the Union's legitimacy. A separate chapter looks at inequalities in perceptions of economic conditions and well-being within the European Union to identify trends particularly during the eurozone crisis. In doing so, the chapters in this volume take stock of the current situation, shed light on the dilemmas and challenges that must be recognised and addressed, and explore various options for the way ahead. The collection's ultimate goal is to assess whether the recent transformations lead EU governance in the right direction or require further adjustment.


Liberalism in Crisis?

Liberalism in Crisis?

Author: Carlo Secchi

Publisher: Edward Elgar Publishing

Published: 2014-05-14

Total Pages: 243

ISBN-13: 1781007799

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During the current economic crisis recurring questions on the validity of the liberal economic system have resurfaced concerning the role of the state and the free market, the proactive use of fiscal policies, economic nationalism, and environmental sustainablity. This volume covers this subject.


EBOOK: Economic Crisis, Health Systems and Health in Europe: Impact and Implications for Policy

EBOOK: Economic Crisis, Health Systems and Health in Europe: Impact and Implications for Policy

Author: Sarah Thomson

Publisher: McGraw-Hill Education (UK)

Published: 2015-06-16

Total Pages: 218

ISBN-13: 0335264018

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Economic shocks pose a threat to health and health system performance by increasing people’s need for health care and making access to care more difficult – a situation compounded by cuts in public spending on health and other social services. But these negative effects can be avoided by timely public policy action. While important public policy levers lie outside the health sector, in the hands of those responsible for fiscal policy and social protection, the health system response is critical. This book looks at how health systems in Europe reacted to pressure created by the financial and economic crisis that began in 2008. Drawing on the experience of over 45 countries, the authors:  analyse health system responses to the crisis in three policy areas: public funding for the health system; health coverage; and health service planning, purchasing and delivery assess the impact of these responses on health systems and population health identify policies most likely to sustain the performance of health systems facing financial pressure explore the political economy of implementing reforms in a crisis The book is essential reading for anyone who wants to understand the choices available to policy-makers - and the implications of failing to protect health and health-system performance - in the face of economic and other forms of shock.


Redefining European Economic Governance

Redefining European Economic Governance

Author: Michele Chang

Publisher: Routledge

Published: 2016-04-14

Total Pages: 246

ISBN-13: 131763912X

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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.


EU Socio-Economic Governance since the Crisis

EU Socio-Economic Governance since the Crisis

Author: Jonathan Zeitlin

Publisher: Routledge

Published: 2018-12-07

Total Pages: 241

ISBN-13: 1351025600

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This book is the first to be dedicated entirely to the European Semester -- a new framework for policy coordination across European Union (EU) member states. The Semester represents a major advancement in EU governance. Created in 2010 in the wake of the financial and sovereign debt crises and revamped in 2015, it was intended to provide a new socio-economic governance architecture to coordinate national policies without transferring legal sovereignty to EU level. The papers in this collection are written by authors who have already contributed to this literature and have conducted original research for their studies. The book offers an empirical and theoretical assessment of the European Semester, examining its implications along three critical axes, running respectively between the economic and the social, the supranational and the intergovernmental, and the technocratic and democratic poles of EU governance. The book concludes that the European Semester challenges established theoretical understandings of EU governance, as it is a prime example of the complexity that supersedes simple polar oppositions. The chapters were originally published in a special issue of the Journal of European Public Policy.


An Alternative Economic Governance for the European Union

An Alternative Economic Governance for the European Union

Author: Xavier Vence

Publisher:

Published: 2017

Total Pages: 154

ISBN-13: 9789082632118

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The main goal of this report is to analyse those elements underpinning the economic governance in the European Union. In light of the current economic crisis, re-thinking the economic EU architecture, and in particularly that of the euro zone, appears more needed than ever. 0Vence argues that the crisis hitting the EU since 2007 is not only economic, but is, to a great extent, political. To him it represents the failure of a certain model of European integration which has proved to be all too fragile. 0Analysing the current financial, economic and political structure of Europe it becomes clear that there is an important choice to be made in terms of crises-exit policies: (1) continuing with the existing exit strategy, which will very probably lead to an economic impasse in the short to medium term, or (2) accepting the need to adopt a new paradigm, implementing deep institutional changes that steer up European economies.


Government-Opposition in Southern European Countries during the Economic Crisis

Government-Opposition in Southern European Countries during the Economic Crisis

Author: Elisabetta De Giorgi

Publisher: Routledge

Published: 2017-12-22

Total Pages: 144

ISBN-13: 1317407334

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As a result of the financial crisis, opposition parties have had to choose between the need to cooperate with the majority in order to contribute to necessary socio-economic changes, and the opportunity to stress their adversarial position vis-à-vis governments taking radical and unpopular measures. This book examines how opposition parties address this dilemma. It relies on a qualitative and quantitative analysis of the behaviour of the opposition parties in parliament, in light of the socio-economic issues that have arisen in recent years. It focuses in particular on the impact that the economic malaise has had on the government-opposition dynamics in the four southern European democracies most acutely hit by the crisis: Greece, Italy, Portugal and Spain, as well as in the European Parliament. Each chapter utilizes a combination of empirical data analysis and qualitative process-tracking to understand the opposition parties’ complicated choice between supporting and dissenting. This book was originally published as a special issue of the Journal of Legislative Studies.