Article (Scientific journals)
‘It’s the political economy..!’ A moment of truth for the eurozone and the EU
Dani, Marco; Chiti, Edoardo; Mendes, Joana et al.
2021In International Journal of Constitutional Law, 19 (1), p. 309–327
Peer reviewed
 

Files


Full Text
Dani-et-al-2021.pdf
Publisher postprint (213.12 kB)
Request a copy

All documents in ORBilu are protected by a user license.

Send to



Details



Keywords :
European Monetary Union; judicial review; Weiss judgment
Abstract :
[en] The article discusses the Weiss dispute from a political economy perspective. It first sets this litigation in its wider context, namely the protracted transformation of the Economic and Monetary Union (EMU) over the last decade, a decade which has revealed the structural flaws in its design. It then briefly sketches the changing role of central banking, from a fixation on fighting inflation to a more recent focus on combating deflation. This helps to explain the problematic character of the Weiss rulings and the commentaries they have provoked, illustrating a general failure to consider the limits of law, the result of clinging to different parts of the EMU wreckage, on the assumption that the current constitutional framework remains viable. Finally, the article emphasizes the transformative potential of the Weiss saga. The judicial conflict lays bare the unsustainability of the present arrangements, and reveals the necessity of a choice between genuinely federal integration and coordinated dismantling of EMU.
Disciplines :
Public law
Author, co-author :
Dani, Marco
Chiti, Edoardo
Mendes, Joana ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Department of Law (DL)
Menéndez, Agustín
Schepel, Harm
Wilkinson, Michael
External co-authors :
yes
Language :
English
Title :
‘It’s the political economy..!’ A moment of truth for the eurozone and the EU
Publication date :
2021
Journal title :
International Journal of Constitutional Law
ISSN :
1474-2659
Publisher :
Oxford University Press, United Kingdom
Volume :
19
Issue :
1
Pages :
309–327
Peer reviewed :
Peer reviewed
Focus Area :
Law / European Law
Available on ORBilu :
since 24 January 2021

Statistics


Number of views
203 (15 by Unilu)
Number of downloads
1 (1 by Unilu)

Scopus citations®
 
9
Scopus citations®
without self-citations
3
OpenCitations
 
2
WoS citations
 
11

Bibliography


Similar publications



Contact ORBilu