The new EU economic governance and its impact on the national collective bargaining systems
“The New European Economic Governance (NEEG) began to emerge in 2010 with the adoption of a “European 2020 strategy”, which included the introduction of the socalled “European Semester” as a yearly cycle of European economic policy coordination. This was the point of departure for a set of initiativ...
Institution: | ETUI-European Trade Union Institute |
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Format: | TEXT |
Language: | English |
Published: |
Madrid
2014
Fundacion 1° de Mayo |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19116668124919348409-The-new-eu-economic-governance.htm |
_version_ | 1771659893356363778 |
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collection | Library items |
description | “The New European Economic Governance (NEEG) began to emerge in 2010 with the adoption of a “European 2020 strategy”, which included the introduction of the socalled “European Semester” as a yearly cycle of European economic policy coordination. This was the point of departure for a set of initiatives and rules developed in the following years, aimed to strengthen economic and budgetary coordination for the EU as a whole and for the euro area in particular. In spite of the lack of a univocal definition, the NEEG can be considered as the new manner of how economic policy is made on the European level (or within the Eurozone) by self-organisation of self-reflexive interdependent actors. It contains the new forms and mechanisms of economic policy’s coordination as well as the new institutional setting. Summarily put, it has been developed through a complex set of initiatives, including: (a) new instruments, such the Macroeconomic Imbalance Procedure, “Rescue” mechanisms, and the European Semester with growth survey; (b) new agreements (Fiscal compact, Europe 2020, Euro+ Pact); (c) new and/or stricter rules (1/20-debt-rule, expenditure rule, min. fiscal effort, more sanctions); and a new institutional setting (Commission and ECB more important; Troika; Eurogroup)7. The consequence of this chain of events is that, in barely three years, the concepts of what the EU and the Eurozone need to do to reform economic governance undergone a radical change, as well as the framework of public action at national and European level." |
format | TEXT |
id | 19116668124919348409_b82402eb714a459d842e6eb6f81dbbff |
institution | ETUI-European Trade Union Institute |
is_hierarchy_id | 19116668124919348409_b82402eb714a459d842e6eb6f81dbbff |
is_hierarchy_title | The new EU economic governance and its impact on the national collective bargaining systems |
language | English |
physical | 206 p. Digital |
publishDate | 2014 |
publisher | Madrid Fundacion 1° de Mayo |
spellingShingle | collective bargaining economic policy European Union governance national level regulatory impact trade union document The new EU economic governance and its impact on the national collective bargaining systems |
thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=108844692602 |
title | The new EU economic governance and its impact on the national collective bargaining systems |
topic | collective bargaining economic policy European Union governance national level regulatory impact trade union document |
url | https://www.labourline.org/KENTIKA-19116668124919348409-The-new-eu-economic-governance.htm |