Research
14.12.15

The Governance Report: Is EU transformation on the right track?

Edited volume delves into open questions about Europe’s economic, political and legal transformation.

Though today’s headlines focus mainly on the European Union’s struggles to deal with the continuing influx of refugees, the eurozone crisis still looms as a major and as yet unresolved governance challenge. Since the beginning of the crisis, the European Union has been transformed in many ways. Is it now on the right track? The collection Beyond the Crisis: The Governance of Europe’s Economic, Political and Legal Transformation examines the long list of open political, legal, and economic questions related to the functioning, fundamental structure, and legitimacy of the Union as a whole and the economic and monetary union in particular.

This volume is part of the Governance Report series, published by Oxford University Press.

More about this publication: 

The eurozone crisis, the steps taken to manage it, and the resulting transformations have triggered a necessary process of reconsidering economic governance in the European Union (EU). This volume—the third in a series of annual editions tackling different aspects of governance around the world—examines the open political, legal, and economic questions related to the functioning and fundamental structure of the Union as a whole and the economic and monetary union in particular. Organised in three main sections, the expert contributions to this collection bring the perspectives of different academic disciplines to bear on the functional aspects of economic governance, the institutional transformations that have taken place, and their implications for the Union’s legitimacy. A separate chapter looks at inequalities in perceptions of economic conditions and well-being within the European Union to identify trends, particularly during the eurozone crisis. In doing so, the chapters in this volume take stock of the current situation, shed light on the dilemmas and challenges that must be recognised and addressed, and explore various options for the way ahead. The collection’s ultimate goal is to assess whether the recent transformations lead EU governance in the right direction or require further adjustment.