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The EU Reexamined: A Governance Model in Transition

The EU Reexamined: A Governance Model in Transition

Author: Jörn Axel Kämmerer; Kaushik Basu
Publisher: Edward Elgar Publishing
ISBN: 9781035314850
Published In: September 2024
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

List Price: HKD 1,677.00

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Contents

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Adopting an interdisciplinary approach, this book examines the experience of the European Union in bringing multiple sovereign nations under a common economic umbrella, and goes on to ask if the EU can serve as a blueprint for other regions that are striving for economic integration or if it is ‘too unique’ to be emulated. To this end, the book draws on contemporary and historical law and politics as well as economic analyses.

Scholars from countries both in and outside of the EU provide a full stocktake of the political and economic benefits of EU membership. They critically assess monetary integration and the path it has followed in the wake of the global financial crisis. Chapters delineate key comparisons between the EU and other governance models, between EU members and non-EU members, and between euro and non-euro member States of the Union.

Students of law, economics and politics will benefit from this timely book. It should also be of interest to policymakers around the world who interact with EU countries and those who may be contemplating similar forms of economic and monetary integration in their region.

Introduction: the European Union in global perspective – a governance model on trial 1

Kaushik Basu, Jörn Axel Kämmerer and Hans-Bernd Schäfer

Quantum leaps in European integration 22

Barry Eichengreen

Unconventional monetary policy: the pretense of knowledge 39

Leszek Balcerowicz

National central banks and the governance of the European system of central banks 43

Martin Hellwig

Eurozone resilience and the promise of market integration 80

Wolf-Georg Ringe

The primacy of EU law over national law: EU law sets aside national law 104

Vassilios Skouris