Delivering value for money? The problematic accountability of the European Stability Mechanism

Howarth, David; Spendzharova, Aneta

Reference : Delivering value for money? The problematic accountability of the European Stability ...


	Document type :	Parts of books : Contribution to collective works
	Discipline(s) :	Law, criminology & political science : Political science, public administration & international relations
	Focus Areas :	Finance
	To cite this reference:	http://hdl.handle.net/10993/44132

Title :	Delivering value for money? The problematic accountability of the European Stability Mechanism
Language :	English
Author, co-author :	Howarth, David [University of Luxembourg > Faculty of Language and Literature, Humanities, Arts and Education (FLSHASE) > Identités, Politiques, Sociétés, Espaces (IPSE) >]
	Spendzharova, Aneta [Maastricht University > Political Science]
Publication date :	2021
Main document title :	Financial Accountability in the European Union
Editor :	Stevenson, Paul
	Sánchez-Barrueco, María-Luisa
	Aden, Hartmut
Publisher :	Routledge
Collection and collection volume :	Routledge/UACES Contemporary European Studies
Pages :	211-226
Peer reviewed :	Yes
ISBN :	978-0-367-32109-3
City :	Abingdon
Country :	UK
Keywords :	[en] Financial Accountability ; European Stability Mechanism ; Economic Governance ; Euro area ; European Union
Abstract :	[en] This chapter undertakes a critical assessment of the accountability of one recent institutional addition to the Euro area governance system – the European Stability Mechanism (ESM). Regarding Euro area governance in general, Dawson (2015: 976) warns that many new structures designed in response to the Euro area crisis ‘depart from the mechanisms of legal and political accountability present in previous forms of EU decision-making without substituting new models of accountability in their place’. By examining in greater detail the financial accountability mechanisms applicable to an important new Euro area body, we identify accountability gaps and shortcomings in the complex EU architecture of financial control.
Permalink :	http://hdl.handle.net/10993/44132
Other URL :	https://www.routledge.com/Financial-Accountability-in-the-European-Union-Institutions-Policy-and/Stephenson-Sanchez-Barrueco-Aden/p/book/9780367321093

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