The euro crisis has put to test the intergovernmental decisionmaking regime institutionalized by the 2009 Lisbon Treaty for dealing with the economic policy side of the Economic and Monetary Union. Under the pressure of the euro collapse, the heads of state and government have introduced new legal measures and intergovernmental treaties that have radically transformed the European economic governance. How to interpret this transformation? The article discusses two of the main paradigms (liberal intergovernmentalism and neofunctionalism) used by scholars for interpreting the EU, showing their weakness in explaining that transformation. Looking at the euro crisis institutional implications through the two paradigms is a necessary exercise for elaborating a more comprehensive approach to the changes in the European economic governance.

The euro crisis through two paradigms: interpreting the transformation of the European economic governance / Fabbrini, Sergio. - In: EUROPEAN POLITICS AND SOCIETY. - ISSN 2374-5118. - 17:(2016), pp. 1-15. [http://dx.doi.org/10.1080/23745118.2016.1229387]

The euro crisis through two paradigms: interpreting the transformation of the European economic governance

FABBRINI, SERGIO
2016

Abstract

The euro crisis has put to test the intergovernmental decisionmaking regime institutionalized by the 2009 Lisbon Treaty for dealing with the economic policy side of the Economic and Monetary Union. Under the pressure of the euro collapse, the heads of state and government have introduced new legal measures and intergovernmental treaties that have radically transformed the European economic governance. How to interpret this transformation? The article discusses two of the main paradigms (liberal intergovernmentalism and neofunctionalism) used by scholars for interpreting the EU, showing their weakness in explaining that transformation. Looking at the euro crisis institutional implications through the two paradigms is a necessary exercise for elaborating a more comprehensive approach to the changes in the European economic governance.
Euro crisis; Economic and Monetary Union; liberal intergovernmentalism; neofunctionalism; European economic governance
The euro crisis through two paradigms: interpreting the transformation of the European economic governance / Fabbrini, Sergio. - In: EUROPEAN POLITICS AND SOCIETY. - ISSN 2374-5118. - 17:(2016), pp. 1-15. [http://dx.doi.org/10.1080/23745118.2016.1229387]
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11385/171165
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