Bulletin n. 3/2014
February 2015
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
    • Napolitano Giulio
    This Time is Different" for Public Law too: shifts of sovereignty and power during and after the "2008-? Crisis
    in Revue européenne de droit public , Vol. 25, N. 1 ,  2013 ,  43-65
    "This Time is Different" for Public Law too: shifts of sovereignty and power during and after the "2008-? Crisis" The crisis erupted in 2008 is really "different", not only in economic terms, but also in legal and institutional ones. Existing constraints deriving from international and European treaties and from national Constitutions were unknown in 1929. The legal reactions to the present crisis were deeply influenced by those constraints. Institutional transformations affect in particular: i) multilaterism and international cooperation among governments in order to ensure financial stability and sustainable growth; ii) the European integration process whose efficacy might be threatened by three forms of fragmentation: legal, political and administrative; iii) separation of powers and checks and balances, with reference to the relationship between executive and parliaments at national level, as well as between elected bodies and independent authorities; iv) the interaction between public and private sector, governments and markets.
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