dunnettreader + article + eu   4

Arthur Goldhammer - The Old Continent Creaks | Democracy Journal: Summer 2015
not so long ago (the EU) was praised by some as a model of ingenious institutional innovation and cooperative transnational governance, while simultaneously denounced by others as an insidious instrument for subjecting ostensibly democratic states to the imperious dictates of capitalism in its latest “neoliberal” form? For 2 generations after World War II, memories of the devastating consequences of nationalism trumped economic rivalries, giving technocrats maneuvering room to devise continental strategies for economic growth that nevertheless enabled member states to maintain sufficient control over social policy to satisfy voter demands. For decades, this arrangement held.By the mid-1980s, however, enormous changes in the global economy forced the European Community to reinvent itself in order to remain competitive. The original balance between national sovereignty and technocratic government at the European level was altered, limiting the ability of member states to set their own economic policy. But today’s convergent crises raise the question of whether the European Union that replaced the European Community needs to reinvent itself yet again. And if so, is reinvention possible at a time when many Europeans, and especially those for whom World War II is a distant memory, feel that the EU is exacerbating nationalist enmities rather than calming them? -- downloaded pdf to Note
article  Europe  20thC  21stC  EU  EU_governance  technocracy  nation-state  nationalism  regional_blocs  sovereignty  democracy_deficit  political_participation  opposition  globalization  competition-interstate  Eurozone  economic_policy  fiscal_policy  monetary_policy  sovereign_debt  downloaded 
july 2015 by dunnettreader
John Groenewegen - European Integration and Changing Corporate Governance Structures: The Case of France | JSTOR: Journal of Economic Issues, Vol. 34, No. 2 (Jun., 2000), pp. 471-479
Speculates that the economic and business cultures of major countries are distinctive enough that the expectation of global convergence on Anglo-Saxon corporate governance norms is too simplistic. It's based implicitly or explicitly on the assumption that liberalization of European capital markets will produce a European-wide market in corporate control that will impose its Anglo-Saxon norms and values via access to and pricing of international capital. He looks at ways that European Integration might reinforce local norms or converge toward a more European set of values and governance practices. Short article, didn't download
article  jstor  France  Eurozone  EU  market_integration  capital_markets  corporate_governance  shareholder_value  corporate_control_markets  busisness-ethics  business-norms  corporate_finance  corporate_citizenship 
september 2014 by dunnettreader
Yanis Varoufakis: From Contagion to Incoherence towards a Model of the Unfolding Eurozone Crisis | July 2013
Contrib Pol Economy (2013) 32 (1): 51-71. doi: 10.1093/cpe/bzt006
Downloaded pdf to Note


Based on an account of the macroeconomic foundations and political economy underpinning European Monetary Union, this paper presents a simple dynamic model of the mutual reinforcement feedback between (i) the Eurozone's contagion dynamic and (ii) the policy responses of the European Union, including the creation of new institutions (e.g. the European Financial Stability Facility, EFSF, and European Stability Mechanism, ESM), the signing of new treaties (e.g. the Fiscal Past) and, of course, the novel' policies of existing institutions (e.g. the ECB).
article  economic_history  economic_models  political_economy  international_political_economy  international_finance  Eurozone  Great_Recession  central_banks  fiscal_policy  monetary_policy  EU  downloaded  EF-add 
july 2013 by dunnettreader

Copy this bookmark: