Check yourself before you wreck yourself

Summary:

Strengthening the EU’s capacity to act in economic policy making has become a fashionable talking point on the European policy agenda. At the same time, there is little debate about the institutional preconditions to be able to live up to these ambitions.

In this policy brief, Nils Redeker and Thu Nguyen argue that the combination of grand policy ambition and institutional neglect constitutes a dangerous mix. Without new financial tools and decision-making procedures, the agenda is bound to disappoint. The authors argue that the debate on EU economic sovereignty needs to start talking about real reforms or else stop raising false expectations.

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