The New Economic Governance of the Eurozone: A Rule of Law Analysis

European Union Law

The New Economic Governance of the Eurozone: A Rule of Law Analysis

By Paul Dermnine
Cambridge University Press July 2022

Specifications

ISBN-13
9781009216616
Publisher
Cambridge University Press
Publication
July 2022
Format
Hardback
Jurisdiction
U.K. ? Countri(es) for reference only

Details

The Eurozone and the European Union have recently been confronted with a number of existential threats. The sovereign debt crisis and the COVID-19 pandemic have forced European decisionmakers to pass important reforms which have radically transformed the nature and scope of the Union's powers in the field of economic and fiscal policy. As the new economic governance of the Eurozone emerges as the main driver of integration in today's Europe, this book seeks to assess the solidity of the constitutional foundations supporting that system, and its compliance with the Union's core founding value: the rule of law. Using competence allocation, regulatory quality, access to external review and fundamental rights sustainability as analytical benchmarks, this book argues that the recent metamorphosis of Eurozone economic governance has not been accompanied by a parallel strengthening of its constitutional settlement, leading to a problematic misalignment between the Union's action and its governing principles.

Table of Contents

Introduction
Part I. The New Economic Governance of the Eurozone: A Descriptive and Conceptual Account:
1. The new economic governance of the Eurozone: structure and functioning
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:
3. The new economic governance of the Eurozone and the competence allocation system
4. The internal quality of the new economic governance of the Eurozone: the case of fiscal policy rules
5. The new economic governance of the Eurozone and the (im)possibilities of external review
6. The new economic governance of the Eurozone and the sustainability of EU fundamental rights
Conclusion: the rule of law, the role of law and economic governance in the Eurozone
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