EMU and sustainable integration

Iain Begg, Annette Bongardt, Kalypso Nicolaïdis, Francisco Torres

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

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Abstract

This paper considerswhat will be required to make Economic and Monetary Union (EMU)sustainablefollowing 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 suggeststhreedimensionsof sustainable integrationrelevant to EMU, namely the pursuit of sustainable growth, the need to take into account what we call “varieties of modernization”and the‘ownership’of democratically sustainable reforms. It then evaluates therecasting of EMU governance against the benchmark of sustainable integration.
Original languageEnglish
Title of host publicationGovernance of the European Monetary Union
EditorsErik Jones, Francisco Torres
PublisherRoutledge
Chapter7
Pages91-104
Number of pages14
ISBN (Electronic)9781315562117
ISBN (Print)9781138673120
Publication statusPublished - 2 May 2016
Externally publishedYes

Keywords

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

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