Democracy in the EMU in the Aftermath of the Crisis

La 4e de couverture indique : "The book covers some of the major issues concerning the problematic relationship between respect for democratic principles and the new European Economic Governance. Innovative approaches are highlighted throughout the book: new frameworks and arrangements are proposed on the basis of efficiency analyses, as well as their institutional and legal suitability. Though the perspective adopted is essentially a legal one, the economic and policy background are also given due consideration. The papers presented here offer a balanced mix of empirical (including comparative) and theoretical analysis; several also combine the two approaches, carrying out empirical analyses, then setting the results against theoretical options. Given the relative dearth of literature on democratic principles and the EMU, let alone a comprehensive enquiry, the book marks a valuable new contribution." Front Matter....Pages i-xxiii Front Matter....Pages 1-1 Democratic Principles and the Economic Branch of the European Monetary Union....Pages 3-26 The Democratic Foundations of the EMU: The European Parliament and the National Parliaments Between Cooperation and Rivalry....Pages 27-50 From Subordinated to Prominent: The Role of the European Commission in EMU. Reflections on Euro Area Democracy....Pages 51-71 More or Less Intergovernmental Cooperation Within the New EMU?....Pages 73-99 The Economic Dialogue: An Effective Accountability Mechanism?....Pages 101-120 The Euro-Crisis, EMU and the Perils of Centralisation....Pages 121-139 Institutional Balance, Democracy and Agenda Setting in the European Union....Pages 141-159 Fiscal Councils: Threat or Opportunity for Democracy in the Post-Crisis Economic and Monetary Union?....Pages 161-178 Does the Eurozone Need Its Own Parliament? Legal Necessity and Feasibility of a Eurozone Parliamentary Scrutiny....Pages 179-194 Respecting the Democratic Principle in ESM Activities Related to the Context of the Economic and Financial Crisis....Pages 195-214 Front Matter....Pages 215-215 How the ECB Reinterpreted Its Mandate During the Euro-Crisis (and Why It Was Right in Doing So)....Pages 217-233 Criteria for Determining the Legality of the ECB’s Unconventional Measures....Pages 235-248 The European Central Bank (ECB) and European Democracy: A Technocratic Institution to Rule All European States?....Pages 249-264 Front Matter....Pages 265-265 Financial Challenges to Solidarity: Building the European Banking Union in Times of Crisis....Pages 267-282 The Quest for Financial Stability and Democracy in the Banking Union: Promoting Institutional Transformation and Regulatory Evolution Through Unconventional Means....Pages 283-298 Negative Democratic Externalities in the European Banking System....Pages 299-317 The Single Resolution Mechanism and the Single Resolution Fund: Substantive Issues and the Contradictory Democratic Deficit....Pages 319-332 Front Matter....Pages 333-333 The EMU in the ECJ: A New Dimension of Dispute Resolution in the Process of European Integration....Pages 335-352 The Role of the ECJ Beyond EU Law....Pages 353-370 The OMT Case: Institution Building in the Union and a (Failed) Nullification Crisis in the Process of European Integration....Pages 371-402 Front Matter....Pages 403-403 Economic and Monetary Policies as Essential Elements of the EU Constitutional Debate....Pages 405-409