This book considers national parliaments’ and the European Parliament’s role in European Union (EU) economic governance. It examines the recent strengthening of parliamentary involvement, limitations to improvements, and where and how democratic deficits still exist. It also provides the basis for some reflections concerning possible future evolutions and improvements to EU economic governance.
The EU’s economic governance framework has been significantly strengthened as a response to the 2008 economic and financial crisis, and the establishment of a new Banking Union in 2013. It is thus key to determine whether these additional transfers of powers to the EU level have been accompanied by an equivalent empowerment of the national and European legislatures, allowing them to ensure adequate democratic legitimation. The chapters comprehensively re-examine the democratic (throughput) legitimacy of, and within, the EU’s economic governance by focusing on national parliaments, on the European Parliament, and on mechanisms for interparliamentary cooperation.
This book was originally published as a special issue of the Journal of European Integration.
1. Democratic legitimation of EU economic governance: challenges and opportunities for European Legislatures
Diane Fromage and Ton van den Brink
2. European economic governance: deficient in democratic legitimacy?
3.Towards a strengthened coordination between the EU and national budgets. A complementary role and a joint control for parliaments?
4. The European Parliament in the post-crisis era: an institution empowered on paper only?
5. The ‘Banking Dialogue’ as a model to improve parliamentary involvement in the Monetary Dialogue?
Diane Fromage and Renato Ibrido
6. National parliaments and EU economic performance policies. Impact defines involvement?
Ton van den Brink
7. Scrutinising the European Semester in national parliaments: what are the drivers of parliamentary involvement?
8. Accountability challenges in EU economic governance? Parliamentary scrutiny of the European Semester
Mette Buskjær Rasmussen
9. The conference on stability, economic coordination and governance: filling the gaps of parliamentary oversight in the EU
Nicola Lupo and Elena Griglio