The Euro Crisis and Beyond: The Transformation of the European Political System

22 Pages Posted: 20 Dec 2018

Date Written: December 2018

Abstract

The Euro crisis has had a contradictory impact on European policy-making. It has led to a massive transfer of authority to the European level in areas such as macroeconomic policy and banking regulation, which have enormous implications over a large range of public policies. This attempt at reinforcing depoliticized governance has, in turn, dramatically enhanced the domestic salience of EU membership and hostility to European integration, notably in domestic elections. In parallel, however, one has witnessed an attempt at reinforcing the accountability of European institutions with the so-called Spitzenkandidaten system. While the result of these contrasting forces remains to be seen, it has to date aggravated the European democracy conundrum: the Union and its policies are more present in domestic political debates, but they are increasingly contested.

Keywords: Supranationalism, Euro Crisis, Democratic Deficit

Suggested Citation

Dehousse, Renaud, The Euro Crisis and Beyond: The Transformation of the European Political System (December 2018). Robert Schuman Centre for Advanced Studies Research Paper No. RSCAS 2018/67, Available at SSRN: https://ssrn.com/abstract=3304588 or http://dx.doi.org/10.2139/ssrn.3304588

Renaud Dehousse (Contact Author)

European University Institute ( email )

Villa Schifanoia
133 via Bocaccio
Firenze (Florence), Tuscany 50014
Italy

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