EMU and sustainable integration

Iain Begg, Annette Bongardt, Kalypso Nicolaïdisc, Francisco Torres*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

12 Citations (Scopus)

Abstract

This paper considers what will be required to make Economic and Monetary Union (EMU) sustainable following the successive crises of recent years. It starts by laying out the policy benchmark, namely the successive ‘President Reports’ produced by EU institutions. It then suggests three dimensions of sustainable integration relevant to EMU, namely the pursuit of sustainable growth, the need to take into account what we call ‘varieties of modernisation’ and the ‘ownership’ of democratically sustainable reforms. It then evaluates the recasting of EMU governance against the benchmark of sustainable integration.
Original languageEnglish
Pages (from-to)803-816
Number of pages14
JournalJournal of European Integration
Volume37
Issue number7
DOIs
Publication statusPublished - 2015
Externally publishedYes

Keywords

  • EMU
  • Ownership of reforms
  • Sustainable growth
  • Sustainable integration
  • Varieties of modernisation

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