European Economic Governance: Past Errors and Future Promises
The eurozone crisis marked a real failure of European Union (EU) policy, which led to mediocre economic performance and the erosion of its political legitimacy among the populations of member states.
The crisis caused by the Covid-19 pandemic, on the other hand, after some initial wavering, showed its capacity to respond, in particular by taking on common debt. This fresh start for the EU nonetheless needs to be confirmed both politically and institutionally.
Vivien Schmidt is a Jean Monnet Professor of European Integration at Boston University.
Article published in Politique étrangère, Vol. 86, No. 4, Winter 2021.
Available in:
Regions and themes
Share
Download the full analysis
This page contains only a summary of our work. If you would like to have access to all the information from our research on the subject, you can download the full version in PDF format.
European Economic Governance: Past Errors and Future Promises
Author(s)
Find out more
Discover all our analyses
The Global NATO Debate
The ultimate direction taken by the Alliance – be it a ‘return to home base,’ a ‘global expansion’ or the pursuit of ‘global missions’ – will be heavily influenced by perceptions of what happens in Afghanistan over the next two years.
Considerations on NATO’s Future Direction
The question of how the Alliance can best meet the common security problems of its member states should determine the revision of the Strategic Concept and analysis of the future of NATO in general.
NATO: A View from Central Europe
Poland is not just concerned with the usefulness of the Alliance, but also with what can be done to make it more effective, and to maintain its relevance and good health in the decades ahead.
NATO and ESDP: Institutional Complexities and Political Realities
With 50 years’ seniority over the ESDP, and despite its austere origins, NATO transformed itself during the 20th century into a political-bureaucratic machine in search of a more appropriate international role.