THE POLITICAL ECONOMY OF EUROPE´S FUTURE AND IDENTITY

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Overview

The European Union finds itself once again at a crossroads, with its future and identity cast in doubt by a combination of crises, governance shortcomings and

political divisions. At the same time, the very nature of the challenges facing the EU, notably but not exclusively the green and digital transitions, require ‘more Europe’ (including some central fiscal capacity) to supply those and other European public goods, among which an EU defence capability and completing the

banking union. The chapters of this book provide reflections on the challenges that the EU (and EMU) is facing because of having come to live in a permanent crisis mode while simultaneously taking into consideration the EU’s future and

identity (sustainability). 

In total, the book brings together 28 chapters and a postface by Loukas Tsoukalis. It gathers the rich insights from a group of renowned scholars of European political economy and also of economics, political science, international relations, history, philosophy, and theology.

Table of Contents

Preface 

Erik Jones, Director of the Robert Schuman Centre, EUI Introduction. What way forward for European Integration in permanent crisis mode? 1

Annette Bongardt, CICP-University of Évora, and FCH and Católica Lisbon, UCP and Francisco Torres, FCH and Católica Lisbon, UCP 

PART I THE IDENTITY AND SCOPE OF THE UNION 

CHAPTER 1. The ambiguity, specificity, and ambivalence of living in a European union 

Erik Jones, Director of the Robert Schuman Centre, EUI 

CHAPTER 2. On the soul and roots of European integration: purpose and metaphors 

Alexandre Palma, Faculty of Theology, Catholic University 

CHAPTER 3. Democratic respect in times of crisis: the case of the NextGenerationEU fund 

Kalypso Nicolaïdis, Oxford and STG, EUI 

CHAPTER 4. Brussels in hard times: the EU’s executive deficit 

Sergio Fabbrini, LUISS 

CHAPTER 5. What future for the European Union: Forward via progressivism, backwards with neo-liberalism, or off the rails with populism? 

Vivien A. Schmidt, Boston University 

PART II CLIMATE GOVERNANCE AND THE GREEN TRANSITION 

CHAPTER 6. The Green Deal – futureproofing Europe 

Dirk Schoenmaker, Rotterdam School of Management, Erasmus University Rotterdam, and CEPR 

CHAPTER 7. The financing of the green energy transition 

Francesco Paolo Mongelli , European Central Bank and Goethe University 

CHAPTER 8. EU trade policy and climate change 

Annette Bongardt, CICP, University of Évora, and FCH and Católica Lisbon School of Business and Economics 

CHAPTER 9. The European Green Deal at the core of the EU’s and EMU’s sustainability 

Francisco Torres, FCH and Católica Lisbon School of Business and Economics 

PART III ECONOMIC GOVERNANCE 

CHAPTER 10. Public goods and the neo-republican approach to European integration 

Stefan Collignon, Chulalongkorn University in Bangkok and LSE 

CHAPTER 11. Still an asymmetrical EMU? Closing the gap between the ‘E’ and ‘M’ in EMU 

Amy Verdun, University of Victoria 

CHAPTER 12. The challenge of completing banking union

Anna-Lena Högenauer, University of Luxembourg, David Howarth, University of Luxembourg, Lucia Quaglia, University of Bologna 

CHAPTER 13. Risk-sharing in the Euro Area

Pedro Duarte Neves, Bank of Portugal and Católica Lisbon School of Business and Economics 

CHAPTER 14. EMU and the crisis: A story of highly incomplete integration

George Pagoulatos , University of Athens and College of Europe 

PART IV MONETARY GOVERNANCE 

CHAPTER 15. The end of Eurozone fragility? 

Paul De Grauwe, London School of Economics and Political Science and CEPR 

CHAPTER 16. Is the European Central Bank an Integration Agency? 

Roberto Tamborini, Economics Department, University of Trento 

CHAPTER 17. On the monetary dialogue between the European Central Bank and the European Parliament: From monetary monologue to dialogue – and beyond? 

Sebastian Diessner, University of Leiden 

CHAPTER 18. Legtimizing central bank independence under the post-Maastricht framework 

Michele Chang, College of Europe 

CHAPTER 19. The ECB´S monetary policy as federalism: An excursion

José Tavares, Nova School of Business and Economics, Lisbon, and CEPR 

PART V FISCAL GOVERNANCE 

CHAPTER 20. SGP reform: one step forward, but the circle is still not squared 

Charles Wyplosz, Graduate Institute, Geneva, and CEPR 

CHAPTER 21. When all else fails: European re-insurance of member states 

Waltraud Schelkle , Dept for Political and Social Science and RSC, EUI 

CHAPTER 22. Building an EU central fiscal capacity - lessons from US history 

Tomasz P. Woźniakowski, LUISS, Rome, and University of Wrocław 

CHAPTER 23. The state-mimicking method and the alternative budgetary union in the E(M)U 

Nazaré da Costa Cabral, Law Faculty, University of Lisbon and Portuguese Public Finance Council

CHAPTER 24. The role of European public goods in a central fiscal capacity 

Marco Buti , Robert Schuman Centre, EUI, and Marcello Messori, LUISS 

PART VI THE EXTERNAL AND SECURITY DIMENSIONS 

CHAPTER 25. Russia’s war and EU peace: The role of the russian ‘other’ in european integration 

Hubert Zimmermann , University of Marburg 

CHAPTER 26. European digital sovereignty 

Daniel Innerarity, Ikerbasque Foundation for Science, UPV/EHU, and Chair AI&DEM STG, EUI 

CHAPTER 27. Challenges for EU migration policy 

Leila Simona Talani, King’s College 

CHAPTER 28. Asserting trade identity in the EU ‘response’ to the US Inflation Reduction Act 

Maria Helena Guimarães, University of Minho

Postface. Ready for adult life? 

Loukas Tsoukalis, Sciences Po, University of Athens and ELIAMEP

Notes on contributors 

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Detalhes do produto
9789725409725

Ficha de dados

ISBN
9789725409725
Data
09-2023
Edição
Editora
UCP Editora
Páginas
337
Dimensões
240 x 170 mm
Tipo de produto
Livro
Idioma
Português
Coleção
Manuais
Classificação temática
Ciências Sociais » Economia » Ciência Política
Coord./Org.
Editors: Annette Bongardt | Francisco Torres
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