The Pursuit of Stability of the Euro Area as a Whole: The Reform of the European Economic Union and Perspectives of Fiscal Integration: Studies in European Economic Law and Regulation, cartea 18
Autor Luca Lionelloen Limba Engleză Hardback – 24 oct 2019
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Specificații
ISBN-13: 9783030280444
ISBN-10: 3030280446
Pagini: 243
Ilustrații: XV, 243 p.
Dimensiuni: 155 x 235 mm
Greutate: 0.54 kg
Ediția:1st ed. 2020
Editura: Springer International Publishing
Colecția Springer
Seria Studies in European Economic Law and Regulation
Locul publicării:Cham, Switzerland
ISBN-10: 3030280446
Pagini: 243
Ilustrații: XV, 243 p.
Dimensiuni: 155 x 235 mm
Greutate: 0.54 kg
Ediția:1st ed. 2020
Editura: Springer International Publishing
Colecția Springer
Seria Studies in European Economic Law and Regulation
Locul publicării:Cham, Switzerland
Cuprins
General introduction.- 1 The objective of stability of the euro area as a whole.- 2 Achieving stability in the economic union: tools, policies and deficits of the current governance model.- 3 Completing the economic union for a better achievement of stability.- General conclusion.
Notă biografică
Dr. Luca Lionello, Catholic University of Milan, Milan, Italy
Textul de pe ultima copertă
This book analyses the ongoing reform of the European economic union in the light of the new objective of ‘stability of the euro area as a whole’ in Article 136(3) TFEU. On the basis of the relevant legal sources, it qualifies this objective as the obligation to preserve the existence of the monetary union, the establishment of which was an EU goal laid down in Article 3(4) TEU. While to date the objective has been achieved through fiscal and macroeconomic consolidation in the member states and the activation of stabilisation mechanisms in cases of emergency, the book argues that full stability requires a better system of economic governance, either through a process of partial fiscal centralisation or the return to a more efficient and sustainable market discipline of public finances. It also analyses the concrete legal challenges these raise, including compliance with the conferral principle, the longstanding democratic deficit of the governance and the balance between financial solidarity and fiscal responsibility.
Caracteristici
Represents the first analysis of the objective of the “stability of the euro area as a whole” in Article 136(3) TFEU Contributes to the ongoing debate on the reform of the eurozone by identifying the different proposals advanced to date and analysing the legal challenges for their implementation Takes into consideration the most relevant contributions of the academic doctrine published in English, German, French and Italian