scholarly journals A glimpse of the limits of the European economic governance through the legislative and jurisprudential route of the "after-Weimar" German "economic constitution"

2020 ◽  
pp. 305
Author(s):  
Damiano Censi
Keyword(s):  
Economic Governance ◽  
European Economic ◽  
Economic Constitution

El objetivo de esta investigación es reconstruir los límites de la gestión de las finanzas públicas en la Unión Monetaria Europea, utilizando la perspectiva del camino de la "constitución económica" alemana posterior a Weimar. El proceso federativo de la UE no presenta las mismas características legales de ningún otro, incluido el alemán. Sin embargo, algunos problemas son necesariamente similares y similares soluciones se pueden encontrar. En consecuencia, esto documento se centra en la sucesión de reformas en la governance económica europea desde 2008 analizando, en particular, el tema de compartir las obligaciones de la deuda a nivel europeo, esto a través del diálogo entre el Bundesverfassungsgericht y la institución de la UE.

scholarly journals The European Economic Constitution after the PSPP Judgment: Towards Integrative Liberalism?

2020 ◽  
Vol 21 (5) ◽  
pp. 1058-1077
Author(s):  
Matthias Goldmann
Keyword(s):  
State Intervention ◽  
Democratic Legitimacy ◽  
Profound Change ◽  
European Economic ◽  
Economic Constitution ◽  
Post War ◽  
Reactive Mode ◽  
Proportionality Principle ◽  
Market Liberalism

AbstractThis article argues that the PSPP judgment effectively buries the era of financial liberalism, which has dominated the European economic constitution for decades. It raises the curtain on a new political paradigm, which I call “integrative liberalism”. Whereas the financial crisis put financial liberalism under strain, the development since then has been contradictory, torn between state intervention and market liberalism, focused above all on buying time rather than finding a new constitutional equilibrium. Now, together with the measures adopted in response to COVID-19, the PSPP judgment paves the way for profound change. Integrative liberalism is characterized by an overall shift from the market to the state, mitigating the post-crisis insistence on austerity and conditionality. Contrary to the embedded liberalism of the post-war era, integrative liberalism operates in a corrective and reactive mode with a focus on goals and principles, lacking the emphasis on long-term planning. Like every political paradigm, integrative liberalism ushers in a new understanding of the law. It puts the emphasis on context instead of discipline, and it elevates the proportionality principle. If integrative liberalism is to succeed, however, the democratic legitimacy of the Eurosystem and its independence require serious reconsideration.

Programming the Common Market: The Making and Failure of a ‘Dirigiste’ Europe, 1957–1967

2021 ◽  
pp. 1-15
Author(s):  
Hugo Canihac
Keyword(s):  
European Integration ◽  
European Economic Community ◽  
Early Years ◽  
Practical Reasons ◽  
Economic Governance ◽  
Economic Community ◽  
European Economic ◽  
History Of ◽  
The Common

This article contributes to the debate about the history of the political economy of the European Economic Community (EEC). It retraces the efforts during the early years of the EEC to implement a form of ‘European economic programming’, that is, a more ‘dirigiste’ type of economic governance than is usually associated with European integration. Based on a variety of archives, it offers a new account of the making and failure of this project. It argues that, at the time, the idea of economic programming found many supporters, but its implementation largely failed for political as well as practical reasons. In so doing, it also brings to light the role of economists during the early years of European integration.

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