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The most commonly held opinion about the eurozone crisis is that it should lead to greater EU integration. Yet despite all the talk about fundamental design flaws and the need for a federal "leap forward", EU governments and citizens are not ready to pool further sovereignty and resources as a...
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Die Idee einer europäischen Wirtschaftsregierung ist so alt wie die Pläne für das Projekt der europäischen Wirtschafts- und Währungsunion (EWU). Sie wurde schon im Rahmen der ersten Überlegungen zu einer EWU formuliert und seitdem insbesondere von französischen Politikern und Ökonomen...
Persistent link: https://www.econbiz.de/10009262120
Despite significant measures to reinforce the EMU's institutional set-up, there is widespread consensus that more needs to be done in order to better deal with cyclical and structural heterogeneity in the EU. Market-based adjustment mechanisms are necessary but not sufficient to advance...
Persistent link: https://www.econbiz.de/10010429828
The sustainability of European economic and monetary union (EMU) has been questioned over the last few years. Criticism has focused on the missing democratic dimension behind recent governance reforms, and the lack of compensating output legitimacy. The paper considers the seriousness of this...
Persistent link: https://www.econbiz.de/10011336738
This paper discusses the legal implications deriving from the choice of an interinstitutional agreement to regulate interest representation activities in the European Union. In particular, it focuses on whether this instrument may validly allow the European Parliament to impose a set of...
Persistent link: https://www.econbiz.de/10011951831
As the EU enters a new political cycle, this article provides a critical analysis of the state of EU democracy by focusing on its two main components: representative and participatory democracy through their theoretical and practical realities. It argues that it is for EU democracy — and...
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Using data from a unique survey of members of parliaments in France, Germany and Italy in 2018, we estimate the effects of three dimensions on EU and euro area fiscal reform preferences: nationality, political ideology, and populism. We predict and confirm that a German populist party on the...
Persistent link: https://www.econbiz.de/10012596720