This policy brief criticizes the European Economic Governance system for being too narrowly focused on economic growth and competitiveness.Starting from the 2009 report by the Commission on the measurement of economic performance and social progress (Stiglitz-Sen-Fitoussi), the brief proposes a...

Starting from the view that the crises in the euro zone were basically triggered by financial markets and reinforced by a lack of instruments for effective economic policy at the EMU level (Economic and Monetary Union), this working paper contributes to the ongoing debate on how to reform the...