The Euro area crisis in constitutional perspective:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Oxford
Oxford University Press
2015
|
| Ausgabe: | First edition |
| Schriftenreihe: | Oxford studies in European law
|
| Schlagworte: | |
| Online-Zugang: | Klappentext Inhaltsverzeichnis |
| Beschreibung: | XVII, 219 S. |
| ISBN: | 0198714955 9780198714958 |
Internformat
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Datensatz im Suchindex
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| adam_text | The euro area sovereign debt crisis has been
the greatest threat to the euro since its
inception, but the consequences of the crisis
go well beyond the realm of macroeconomics:
the crisis has cast doubt on the viability
of a mechanism of integration such as the
one envisaged in Economic and Monetary
Union (EMU), and on the future of the
European Union as a political project in the
face of citizens’ growing disaffection. The
various responses to the crisis have not only
altered the principles underlying EMU;
they have also had a profound impact on
the constitutional orders of the EU and its
Member States.
This book focuses on the euro area crisis
and its aftermath from a constitutional
perspective. It provides a critical analysis of
the workings and evolution of Economic and
Monetary Union, the changes brought by
the crisis and their broader effects, and the
constitutional obstacles to integration in this
area. Looking forward, it tackles the uncertain
future of economic and fiscal integration and
the challenges posed. This is a compelling
and incisive account of some of the most
significant developments and dilemmas facing
the European Union since its creation.
CONTENTS
Table of Cases xv
List of Abbreviations xix
Introduction
1
1. An Asymmetric EMU 3
1.1 History and Design of EMU 3
1.2 The Stability and Growth Pact and Measures of
Coordination before the Crisis 7
2. The Euro Area Crisis II
3. Institutional Responses to the Crisis IS
3d Stabilization: the ECB and Mechanisms of Financial
Assistance 16
3.2 Budgetary Surveillance and Economic Coordination
Measures 29
3.3 Financial Regulation and Banking Union 40
3.4 Final Remarks 48
4. The Evolution of EMU: Challenges and Underlying
Principles 51
4.1 Challenges for an EMU -like System 52
4.2 The Evolution of EMU 54
5. The Mechanics of EMU Integration: Instruments
and Competence 65
5.1 The Mechanics of Fiscal and Economic Integration
within EMU
67
xii Contents
5.2 EU Competence and Fiscal and Economic Integration 72
5.3 Broader Effects on Social Policy and the Economic
Constitution 79
6. Intergovernmentalism 85
6.1 Executive Dominance and Intergovernmentalism 85
6.2 The Resurgence of Intergovernmentalism and its Causes 87
6.3 Intergovernmentalism, Credibility, and Use of
EU Institutions 93
6.4 Executive Dominance and Democratic Control 95
6.5 Executive Dominance and Judicial Control 100
7. The Shapes and Problems of Multi- speed Integration 103
7.1 A Special EU Regime for the Euro Area 105
7.2 Multi-speed Integration through Intergovernmental
Agreements 109
7.3 Consequences of Multi-speed Integration and its Future 111
7.4 The UK as an Outlier; Litigation 115
7.5 Final Remarks 118
8. The Courts and the Crisis 121
8.1 The CJEU and the Crisis 121
8.2 The National Courts and the Crisis 144
8.3 Final Reflections 151
9. The Future of EMU: Constitutional Obstacles 155
9.1 Economic and Fiscal Union and Vertical Allocation
of Competences 157
9.2 Democratic Legitimacy 159
9.3 Financial Solidarity 166
9.4 Reserved Domains and the Disappearing State 172
9.5 Reconciling the Core and the .Periphery 177
Contents xiii
10. The Future: Models of Further Integration 179
10.1 Main Challenges to be Addressed: a Reminder 179
10.2 A Choice for the Future 180
10.3 Interim Remarks 191
10.4 Proposals put Forward: What is Happening in Reality? 192
11. Concluding Remarks 199
Bibliography 203
Index 215
|
| any_adam_object | 1 |
| author | Hinarejos, Alicia |
| author_GND | (DE-588)1074898958 |
| author_facet | Hinarejos, Alicia |
| author_role | aut |
| author_sort | Hinarejos, Alicia |
| author_variant | a h ah |
| building | Verbundindex |
| bvnumber | BV042252273 |
| classification_rvk | MK 5210 PS 3520 |
| ctrlnum | (OCoLC)913871755 (DE-599)BVBBV042252273 |
| discipline | Rechtswissenschaft Politologie |
| edition | First edition |
| format | Book |
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| illustrated | Not Illustrated |
| indexdate | 2024-07-10T01:16:27Z |
| institution | BVB |
| isbn | 0198714955 9780198714958 |
| language | English |
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| spelling | Hinarejos, Alicia Verfasser (DE-588)1074898958 aut The Euro area crisis in constitutional perspective Alicia Hinarejos First edition Oxford Oxford University Press 2015 XVII, 219 S. txt rdacontent n rdamedia nc rdacarrier Oxford studies in European law Europäische Union (DE-588)5098525-5 gnd rswk-swf Wirtschafts- und Währungsunion (DE-588)4309802-2 gnd rswk-swf Finanzkrise (DE-588)7635855-0 gnd rswk-swf Europäische Union (DE-588)5098525-5 b Wirtschafts- und Währungsunion (DE-588)4309802-2 s Finanzkrise (DE-588)7635855-0 s DE-604 Digitalisierung UB Passau - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027690220&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Klappentext Digitalisierung UB Passau - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=027690220&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Hinarejos, Alicia The Euro area crisis in constitutional perspective Europäische Union (DE-588)5098525-5 gnd Wirtschafts- und Währungsunion (DE-588)4309802-2 gnd Finanzkrise (DE-588)7635855-0 gnd |
| subject_GND | (DE-588)5098525-5 (DE-588)4309802-2 (DE-588)7635855-0 |
| title | The Euro area crisis in constitutional perspective |
| title_auth | The Euro area crisis in constitutional perspective |
| title_exact_search | The Euro area crisis in constitutional perspective |
| title_full | The Euro area crisis in constitutional perspective Alicia Hinarejos |
| title_fullStr | The Euro area crisis in constitutional perspective Alicia Hinarejos |
| title_full_unstemmed | The Euro area crisis in constitutional perspective Alicia Hinarejos |
| title_short | The Euro area crisis in constitutional perspective |
| title_sort | the euro area crisis in constitutional perspective |
| topic | Europäische Union (DE-588)5098525-5 gnd Wirtschafts- und Währungsunion (DE-588)4309802-2 gnd Finanzkrise (DE-588)7635855-0 gnd |
| topic_facet | Europäische Union Wirtschafts- und Währungsunion Finanzkrise |
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