The Future of Europe

The Future of Europe
Author: Jean-Claude Piris
Publisher: Cambridge University Press
Total Pages: 177
Release: 2012
Genre: Law
ISBN: 1107021375

Candid exploration of what Europe needs to do to overcome current crises, by a leading figure in the European Union.

The Brussels Effect

The Brussels Effect
Author: Anu Bradford
Publisher: Oxford University Press
Total Pages: 368
Release: 2020-01-27
Genre: Law
ISBN: 0190088605

For many observers, the European Union is mired in a deep crisis. Between sluggish growth; political turmoil following a decade of austerity politics; Brexit; and the rise of Asian influence, the EU is seen as a declining power on the world stage. Columbia Law professor Anu Bradford argues the opposite in her important new book The Brussels Effect: the EU remains an influential superpower that shapes the world in its image. By promulgating regulations that shape the international business environment, elevating standards worldwide, and leading to a notable Europeanization of many important aspects of global commerce, the EU has managed to shape policy in areas such as data privacy, consumer health and safety, environmental protection, antitrust, and online hate speech. And in contrast to how superpowers wield their global influence, the Brussels Effect - a phrase first coined by Bradford in 2012- absolves the EU from playing a direct role in imposing standards, as market forces alone are often sufficient as multinational companies voluntarily extend the EU rule to govern their global operations. The Brussels Effect shows how the EU has acquired such power, why multinational companies use EU standards as global standards, and why the EU's role as the world's regulator is likely to outlive its gradual economic decline, extending the EU's influence long into the future.

Future Financing of the European Union

Future Financing of the European Union
Author: Great Britain. Parliament. House of Lords. European Union Committee
Publisher: The Stationery Office
Total Pages: 318
Release: 2005
Genre: Budget
ISBN: 9780104006290

Negotiations are underway to agree the details of the European Union budget for the period of 2007 to 2013 (known as the Financial Perspective), covering the newly enlarged EU of 25 member states. Further enlargement is likely, with Bulgaria and Romania due to join in 2007 and the possible accession of Croatia and Turkey being considered. The Committee's report considers a range of issues in relation to the current budget debate, including the merits of the Commission's proposals within the framework of recent and future EU enlargement; the Common Agricultural Policy; Structural and Cohesion Funds; the Lisbon Agenda; other spending categories; the functioning of the 'Own Resources' and a EU tax; UK abatement and the Commission's proposal for a Generalised Corrective Mechanism. Conclusions reached include support for the UK Government's insistence that the UK rebate is non-negotiable, given the inadequate reforms of the CAP; however, if real reform of the budget was offered, then the UK Government should be prepared to negotiate. Structural funds should be focused on the 10 new member states, as well as the two applicant countries of Romania and Bulgaria, with the phasing out of EU regional development funds for all 'old' member states with the exception of Greece and Portugal.

Financial Regulation in the EU

Financial Regulation in the EU
Author: Raphaël Douady
Publisher: Springer
Total Pages: 484
Release: 2017-08-29
Genre: Business & Economics
ISBN: 3319442872

Financial regulation has dramatically evolved and strengthened since the crisis on both sides of the Atlantic, with enhanced international coordination through the G-20 and the Financial Stability Board and, at the regional level, a definite contribution from the European Union. However the new regulatory environment has its critics, with many divergent voices arguing that over-regulation has become a root cause of our current economic stagnation. This book provides a bigger picture view of the impact and future of financial regulation in the EU, exploring the relationship between microeconomic incentives and macroeconomic growth, regulation and financial integration, and the changes required in economic policy to further European integration. Bringing together contributions from law, economics and management science, it offers readers an accessible but rigorous understanding of the current state of play of the regulatory environment, and on the future challenges. Coverage will include: • A review of the recent regulatory changes from a legal and economic perspective • Analysis of how the economic model of financial institutions and entities is impacted by the new frameworks • How to improve securitization and new instruments under MIFID II • Issues in the enhanced supervision under delegated acts for AIFMD, CRR-CRD IV and Solvency II • How long term funding can be supplied in lieu of the non-conventional monetary policies • A new architecture for a safer and more efficient European financial system Financial Regulation in the EU provides much needed clarity on the impact of new financial regulation and the future of the economy, and will prove a must have reference for all those working in, researching and affected by these changes.

The Future of the Euro

The Future of the Euro
Author: Matthias Matthijs
Publisher: Oxford University Press
Total Pages: 369
Release: 2015-03-03
Genre: Political Science
ISBN: 0190233257

In The Future of the Euro, a group of the world's top political economists analyze the fundamental causes of the euro crisis, determine how it can be fixed, and consider what likely futures lie ahead for the currency. The book makes three interrelated arguments emphasizing the primacy of political over economic factors. First, the original plan for the euro focused on monetary union, but omitted a financial and banking union, mutually supporting institutions of fiscal union and economic government, and a legitimate political union. Second, the euro's unfinished design led to economic divergence-quietly altering the existing distribution of economic and political power within Europe prior to the crisis-which in turn determined the EU's crisis response. The book highlights how the euro's four most important member states-Germany, France, Italy and Spain-each changed once they adopted the euro, why the crisis affected them so differently, and how each has since struggled to live with the commitments the euro necessitates. Third, the book examines three possible "euro futures" through the lens of the politics of its reluctant leader Germany; through the lens of the EU's capacity to move forward through crises; and through the geopolitical lens of the international monetary system. Any successful long-term solution to the euro's predicament will need to start with the political foundations of markets.

European Futures

European Futures
Author: Chad Damro
Publisher: Routledge
Total Pages: 224
Release: 2021-03-31
Genre: Political Science
ISBN: 1000366340

This edited volume explores the opportunities and challenges facing the European Union in the future from different disciplines and assesses the EU’s prospects across various policy areas. Using the European Commission’s 2017 White Paper presenting five different scenarios for the future of Europe to 2050 as an organising framework for analysis and debate, the volume reflects upon the drivers of the EU’s future, including its changing place in an evolving world, a transformed economy and society, heightened threats and concerns about security and borders, and questions of trust and legitimacy. The concluding chapter summarises and compares the findings to determine which of the scenarios is the most instructive to understand and plan European Futures to 2050, and beyond. This book will be of key interest to scholars and students of European integration, EU politics/studies, and more broadly international relations, as well as European policy-makers.

The Finances of the European Union

The Finances of the European Union
Author: Brigid Laffan
Publisher:
Total Pages: 324
Release: 1997
Genre: European Union
ISBN:

This volume provides a comprehensive analysis of the growing financial power of the European Union in a lively and accessible form. It examines how the budget is used, how it is managed and assesses the future prospects of the budget.

The End of the Euro

The End of the Euro
Author: Johan Van Overtveldt
Publisher: Agate Publishing
Total Pages: 240
Release: 2011-11-09
Genre: Business & Economics
ISBN: 1572846887

From the acclaimed author of Bernanke’s Test, “an essential title for any reader with investments or interest in financial instruments” (Library Journal). The End of the Euro begins with an overview of the birth of the euro itself. Understanding this history is essential to understand the anomalies built into the project from the beginning. These anomalies form the subject of chapter two, along with how they led to the situation that turned Greece, Portugal, and Spain into euro-destroying economic disaster areas. Chapter three shows how this was not an unforeseeable situation, as Europe’s history is filled with earlier failed attempts to build monetary unions. Chapter four is focused on Germany, by far the most important country within EMU, and why the chances of Germany leaving the union are much higher than is generally assumed. The book concludes with an analysis of what lies in wait for the remains of the monetary union—and for a deeply divided and troubled continent in general. Either the EMU transforms itself fundamentally or it disintegrates. “Johan Van Overtveldt is a consistently insightful and incisive writer and I await each of his books with real anticipation.” —Tyler Cowen, The Marginal Revolution blog “A whole generation of Europeans has found comfort in the idea that economic cooperation has overruled the pull of power politics and even some basic laws of economics. This book forcefully squashes that illusion. A must-read!” —Jonathan Holslag, research fellow at the Brussels Free University

The Finances of the European Union

The Finances of the European Union
Author: Brigid Laffan
Publisher:
Total Pages: 293
Release: 1997
Genre: Europe
ISBN: 9780333609859

This volume provides a comprehensive analysis of the growing financial power of the European Union in a lively and accessible form. It examines how the budget is used to enhance the internal cohesion of the Union and its growing external commitments. Considerable attention is paid to lesser known aspects of EU finances such as the work of the EIB and the Court of Auditors. The management of EU finances is a central focus of this book. The book concludes with an assessment of the future prospects of the budget.