Bulletin n. 3/2010
January 2011
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Vigneron Philippe
    La construction incomplète de la zone euro
    in Revue de l'Union européenne/Revue du Marché Commun et de l'Union européenne , n. 543, décembre ,  2010 ,  636-646
    The financial and economic crisis that started in 2008 shook the euro zone, and showed its weak points and inadequacies in terms of economic policy coordination, including in relationship to the single monetary policy sought by the Eurosystem. A general consensus has now been reached on the concept that improved governance is needed. But what it is exactly? What has to be worked on ? Who should steer the work? This article tries first to explain how the coordination currently works, the respective bodies, the procedures applied. It then shows that the euro zone is an incomplete project and that better governance of the euro zone requires working on the economic membership of its members and a better operation of its bodies. Lastly it seeks to show that the Lisbon treaty offers potential to be exploited but that the ever-growing involvement of the European council in the economic governance leads to problems.
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