Activities per year
Abstract
The euro and sovereign debt crisis is both a conflict of political and economic interests and a conflict of interpretations. Two narratives struggle for hegemony in the European ideological imaginary. Each calls for a different mode of crisis management, and each represents a different vision of the single currency, European economic and monetary policy, and European integration as a whole. Each presents different theses on the origins and causes of the crisis, as well as its solution. As important as it is to know which narrative provides a correct interpretation of the crisis in macroeconomic and monetary terms, both remain insufficient when it comes to solving the political and ethical conundrum facing Eurozone governance and the management of the sovereign debt crisis. In fact, both paradigms mirror the economic and political interests and legitimate ethical expectations from the standpoint of which their proponents approach European integration. To understand these expectations, it is therefore necessary to enquire into the conditions of fairness that might allow for legitimate crisis management. The paper attempts to do so while also presenting a model of democratic governance for the EMU.
Original language | English |
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Pages (from-to) | 363-381 |
Number of pages | 19 |
Journal | European Politics and Society |
DOIs | |
Publication status | Published - 3 Jul 2017 |
Keywords
- Economic and Monetary Union
- Political legitimacy
- European governance
- Democratic accountability
- Euro and sovereign debt crisis
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Análise Social (Journal)
Gabriele De Angelis (Guest editor)
Nov 2020Activity: Publication peer-review and editorial work › Publication peer-review
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Análise Social (Journal)
Gabriele De Angelis (Guest editor)
2020Activity: Publication peer-review and editorial work › Editorial activity
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O euro e a soberania económica
Gabriele De Angelis (Invited speaker)
22 Jun 2018Activity: Participating in or organising an event › Participation in conference