Report on the State of the European Union - Volume 3 : Crisis in the EU Economic Governance

LE CACHEUX Jacques , FITOUSSI Jean-Paul

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Summary

The Report on the State of the European Union examines the progress of European integration and focuses on economic aspects of the process. Building on the impressive previous volumes, this third volume in the series explores the Euro zone in light of the current financial crisis. It includes a comprehensive review of macroeconomic performance, an in-depth analysis of national fiscal policies, the weaknesses of the current EU budget and the EU environmental strategy This book is written in an accessible way and will be a useful resource for academics, students, policy-makers, journalists and government advisors.

Table of contents

Europe's Economic Problem is Political After All! Globalization and the Twin Protections Euro Area Polices and Macro Economic Performance, Ten Years On: Institutions, Incentives and Strategies Fiscal Discipline as a Social Norm: The European Stability Pact The ECB's Quiet Hijacking of the Euro Area's Exchange Rate The Irish Tiger and the German Frog: The tale of Size and Growth in the Euro Area Funding the EU Budget with a Genuine Own Resource: The Case for a European Tax The EU Environmental Strategy If it's Broken, Don't fix it: The Government of the Euro area in the EU 'Reform Treaty'