No exit from the euro-rescuing trap?

"This paper attempts a normative assessment of the input and output-oriented legitimacy of the present euro-rescuing regime on the basis of policy analyses examining the causes of present crises, the available policy options, and the impact of the policies actually chosen. Concluding that the r...

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Bibliographic Details
Main Author: Scharpf, Fritz W.
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Köln 2014
MPIfG
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19110334124919385169-No-exit-from-the-euro-rescuing.htm
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author Scharpf, Fritz W.
author_facet Scharpf, Fritz W.
collection Library items
description "This paper attempts a normative assessment of the input and output-oriented legitimacy of the present euro-rescuing regime on the basis of policy analyses examining the causes of present crises, the available policy options, and the impact of the policies actually chosen. Concluding that the regime lacks input-oriented legitimacy and that its claim to output-oriented legitimacy is ambivalent at best, the paper explores potential – majoritarian or unilateral – exits from the present institutional constellation that is characterized by the synthesis of a non-democratic expertocracy and an extremely asymmetric intergovernmental bargaining system."
format TEXT
id 19110334124919385169_428a8791a9394a82946b363b955a0c3c
institution ETUI-European Trade Union Institute
is_hierarchy_id 19110334124919385169_428a8791a9394a82946b363b955a0c3c
is_hierarchy_title No exit from the euro-rescuing trap?
language English
physical 19 p.
Digital
publishDate 2014
publisher Köln
MPIfG
spellingShingle Scharpf, Fritz W.
democracy
economic recession
EMU
EU policy
monetary policy
No exit from the euro-rescuing trap?
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=109488092766
title No exit from the euro-rescuing trap?
topic democracy
economic recession
EMU
EU policy
monetary policy
url https://www.labourline.org/KENTIKA-19110334124919385169-No-exit-from-the-euro-rescuing.htm