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Review Article

Negotiating and governing the economic and monetary union

 

ABSTRACT

The literature on the Economic and Monetary Union has expanded substantially in the last decade, especially in the aftermath of the Eurozone crisis. Important gaps remain, though. Three new books advance new insights both theoretically and empirically. Employing qualitative and quantitative methods, these books study aspects of decision-making during the negotiations of the latest reforms, their consequential institutional design and the oversight interactions between EU institutions. The findings of the books demonstrate how the institutional complexity and weaknesses of this policy field influence the functioning and democratic legitimacy of EU institutions. As a remark, they contribute to the ongoing debate on further reforms in order to increase fairness among and within the EU institutions and the member states, encourage responsiveness and improve political and judicial accountability.

Disclosure statement

No potential conflict of interest was reported by the author(s).

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