Book contents
- The New Economic Governance of the Eurozone
- Cambridge Studies in European Law and Policy
- The New Economic Governance of the Eurozone
- Copyright page
- Dedication
- Contents
- Series Editors’ Preface
- Foreword by the Supervisors
- Acknowledgments
- Table of Cases
- Abbreviations
- Introduction
- Part I The New Economic Governance of the Eurozone
- 1 The New Economic Governance of the Eurozone
- 2 Postcrisis Economic Policy Coordination in the Eurozone: A Conceptual Appraisal from the Governance Perspective
- Part II The New Economic Governance of the Eurozone: A Rule of Law Analysis
- Bibliography
- Index
1 - The New Economic Governance of the Eurozone
Structure and Functioning
from Part I - The New Economic Governance of the Eurozone
Published online by Cambridge University Press: 14 July 2022
- The New Economic Governance of the Eurozone
- Cambridge Studies in European Law and Policy
- The New Economic Governance of the Eurozone
- Copyright page
- Dedication
- Contents
- Series Editors’ Preface
- Foreword by the Supervisors
- Acknowledgments
- Table of Cases
- Abbreviations
- Introduction
- Part I The New Economic Governance of the Eurozone
- 1 The New Economic Governance of the Eurozone
- 2 Postcrisis Economic Policy Coordination in the Eurozone: A Conceptual Appraisal from the Governance Perspective
- Part II The New Economic Governance of the Eurozone: A Rule of Law Analysis
- Bibliography
- Index
Summary
Chapter 1 offers an in-depth overview of the many substantive, procedural and institutional changes introduced by the various reforms adopted in the field of economic and fiscal policy in the aftermath of the Eurozone crisis and the COVID-19 crisis. Reform packages such as the Six-Pack, the Two-Pack, the Fiscal Compact or the adoption of the recovery plan are closely investigated. Over the past decade, each and every aspect of the economic pillar of the EMU was substantially reshaped, changing the face of economic governance in the Eurozone. On the one hand, EU economic governance saw its scope dramatically expand, to become a comprehensive governance system that impacts most aspects of national public finances and macroeconomic policy and absorbs significant portions of social, employment, cohesion and other redistributive policies. On the other hand, recent reforms have also triggered a substantial intensification of the means and methods of EU action with regard to economic policy, significantly exacerbating the level of EU presence in the field of economic and fiscal policy and consolidating its grip over national policy spaces.
- Type
- Chapter
- Information
- The New Economic Governance of the EurozoneA Rule of Law Analysis, pp. 27 - 95Publisher: Cambridge University PressPrint publication year: 2022