The New Governance of the Economic and Monetary Union: Adapted Institutions and Innovative Instruments

Author (Person) ,
Publisher
Series Title
Series Details No.2, January 2013
Publication Date 11/01/2013
ISBN 978-88-98042-73-9
ISSN 2280-4331
Content Type

Abstract:

Reforms in response to the multiple crises affecting the European Union (EU) and the euro area since 2008 have transformed European governance considerably.

This paper provides an overview of the main effects stemming from the introduction of innovative instruments over the past few years. It concludes that the evolution of the EU's architecture towards "more Europe" rooted in power-sharing between institutions at both European and national levels is likely to be complemented by "less Europe" in the sense of increasingly differentiated forms of integration.

Source Link http://www.iai.it/en/pubblicazioni/new-governance-economic-and-monetary-union
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