This book addresses the viability of the EU economic and social model within and after the global economic crisis. It identifies four key issues which warrant further discussion: (1) the asymmetry of the legal and policy framework of the euro and potential recalibration; (2) substantive tensions between the EU ’economic constitution’ and its normative aim of social justice and impacts on national policy; (3) the role of civil society, including the two sides of industry in overcoming these tensions; and (4) the EU’s global aspirations towards the creation of a viable socio-economic model. Its chapters offer two perspectives on each of the four main issues. In drawing these debates together, the book provides a broad understanding as well as starting points for future research. Bringing together different disciplinary approaches, ranging from legal studies to political economy, sociology and macroeconomics, it is a valuable contribution to the debate on the European social model and introduces new insights by focusing on legal and political tensions, the impact of the financial crisis and other economic contexts as well as global dimensions.
’The global economic crisis and the Euro crisis have shattered the foundations of the EU. The contributions in this book seek ways out of the economic bias which is inbuilt into the Treaties, so as to re-invigorate the often debated but still neglected social model of the EU. A must read.’ Hans Micklitz, European University Institute, Italy ’This book is a thorough and competent analysis of the multi-faceted set of crises currently facing Europe and will be valuable to anyone interested in understanding the EU. It provides an excellent insight into the underlying ideologies, important trends, central concepts and main challenges facing the EU and explores the Economic and Monetary Union from an interdisciplinary perspective.’ Ulla Neergaard, University of Copenhagen, Denmark