1.
European Taxes and Fiscal Justice: Citizens’ Support and Lessons from the US
(Tomasz P. Woźniakowski and Miguel Poiares Maduro/Essay)
(Tomasz P. Woźniakowski and Miguel Poiares Maduro/Essay)
... common goods and to make the Economic and Monetary Union more resilient. ...
2.
The impossible constitutional reconciliation of the BVerfG and the ECJ in the OMT case. A legal analysis of the first preliminary referral of the BVerfG
(Francesco Pennesi/Note)
(Francesco Pennesi/Note)
... that the German judges have a different constitutional interpretation of the monetary mandate of the ECB. This article will focus on the different conceptions of European Monetary Union and in particular ...
3.
Conventional Direction to Unconventional Measures: Using Quantitative Easing to shape Eurozone Fiscal Capacity
(Olimpia Fontana and Simone Vannuccini/Essay)
(Olimpia Fontana and Simone Vannuccini/Essay)
Eight years after the outbreak of the crisis, the Eurozone (EZ) fiscal policy remains fragmented at the national level. This paper fills the structural gap between the monetary and fiscal dimensions of ...
... most recent trends in the Governance of the Eurozone. The second part discusses whether a transition from governance to government of the Monetary Union is both feasible and effective, advancing a new ...
5.
Monetary and Fiscal Arrangements for the Eurozone. Some Unconventional Proposals
(Fabio Masini/Essay)
(Fabio Masini/Essay)
Contributions in this special issue argue make a number of points with regard to the urgent need to change the economic governance of the Eurozone, pointing at some tools to increase its spending capacity. ...
The article explores the present role of the ECB in European economic governance and point at the required steps to make such governance effective in tackling the challenges of the Eurozone and of the ...
The financial crisis revealed the inadequacy of the European Economic and Monetary Union. The response of the EU and of the countries of the Eurozone has been slow and weak, due to the substantially confederal ...
The wars in western Asia and the financial crisis of 2007-2008 spelt the end of the American attempt to global supremacy. Global public goods such as security and monetary and financial stability are no ...
9.
Global Imbalances and the Transition to a Symmetric World Monetary System
(Riccardo Fiorentini/Essay)
(Riccardo Fiorentini/Essay)
... monetary system based on the dollar as a dominant reserve currency. Part I examines global imbalances, the causes of the US external deficit and the consequences of the international monetary asymmetry. ...
This note deals with the Chinese proposal for a new international monetary architecture. The Chinese proposal was the last of a series which suddenly appeared on the international diplomatic scene last ...
... the EU has not a federal budget and a federal government. There are some European public goods – such as monetary and financial stability – which must be supported, in the last resort, by European resources. ...
The article analyses the issue of monetary integration in Asia taking into account the most recent literature and the main contributes of the last decades both in economics and IR. It locates the debate ...