Bulletin n. 1-2/2014
November 2014
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
    • Bruni Franco
    Learning on the Road towards the Banking Union
    in Rivista di politica economica , IV-VI 2014 ,  2014
    The European Banking Union entered the EU’s agenda in the summer of 2012. The design of the project has been proceeding quickly. This paper is a summary of the issues which have been better understood while walking towards the union. It discusses the implications for central bank independence and governance as well as for non-euro area countries. Besides fighting the euro area fragmentation, the union appears to be an indispensable complement of the single currency for the single market, also triggering the best practices in regulation, supervision and crisis management and favoring the structural banking policies and reforms that Europe needs.
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