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Toward a better gorvernance in the EU ? Introduction

Abstract : The 10th EUROFRAME1 Conference on economic policy issues in the European Union was held in Warsaw on 24 May 2013. The Conference topic was: "Towards a better governance in the EU?". Twelve of the papers given at the Conference are released in this issue of the Revue de l'OFCE/Debates and Policies. The euro is a unique experience in modern economic history. Can a single currency be shared between countries with different cyclical situations, structural problems and economic strategies? Is a single currency consistent with independent domestic fiscal policies? In 1992, EU countries answered 'yes' to these questions by signing the Maastricht Treaty. Starting from then, euro area governance was characterized by independent domestic fiscal policies however constrained to fulfil several criteria (public deficit below 3% of GDP, public debt below 60% of GDP), a single monetary policy entrusted to an independent central bank, the absence of public debt guarantee and fiscal solidarity between member states (...).
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Soumis le : mercredi 21 mai 2014 - 18:07:17
Dernière modification le : vendredi 23 octobre 2020 - 16:43:12
Archivage à long terme le : : lundi 10 avril 2017 - 15:12:35


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Catherine Mathieu, Henri Sterdyniak. Toward a better gorvernance in the EU ? Introduction. Revue de l'OFCE - Débats et politiques, 2014, pp.9-16. ⟨hal-00980389⟩



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