Economic governance in the eurozone: drawing lessons from the crisis
10-13 June 2010, Sounio, Greece
At this critical juncture and in light of recent economic developments, there is a pressing need to discuss the issues, challenges and priorities facing economic governance in EU-27 and the eurozone in particular.
In this context, ELIAMEP, along with Bruegel, organised its 7th Annual European Seminar on ‘Economic Governance in the Eurozone and the EU: Drawing Lessons from the Crisis.’
The seminar was organized in cooperation and the support of the Lifelong Learning Programme, Jean Monnet Actions of the European Union (Education, Audiovisual & Culture Executive Agency).
A group of leading thinkers and policy-makers was brought together to draw lessons from the ways in which Europe has so far coped with the crisis and reflect on its broader political and social consequences. During this meeting, the adequacy of the Union’s crisis management mechanisms and the role of individual member countries were examined, and alternative scenarios for economic governance were discussed.
Session 1
How did Europe cope with the first phase of the crisis?
• Daniel Daianu, “NMS’s Hard Landing But No Breakdown”
• Donato Masciandaro, “Reforming Regulation and Supervision in Europe: Five (Missing?) Lessons from the Financial Crisis. “
Session 4
Political and social consequences of the crisis
• Iain Begg, “Social Policies after the Crisis”
• Anton Hemerijck, “The End of an Era: economic crisis and welfare state transformation”
Session 2
How is Europe coping with the current phase of the crisis?
• Laurence Boone, “Euro Area Sovereign Crisis”
• Nikos Christodoulakis, “North-South Asymmetry in the Eurozone”
• Guntram Wolff, “Surveillance of Intra-Euro-Area Competitiveness and Imbalances”
Session 5
• David A. Vines, “Internal adjustment in the euro-zone. Greece and the vulnerability of the European Monetary Union”
• Carlos Mulas-Granados, “Fiscal Policy in Debt Ridden Countries”
Session 3
The politics of crisis management: common institutions and national policies
• Manfred Neumann, “The role of Germany redefined? Economic and political dimensions”
• Wolfgang Proissl, “The Role of Germany redefined?”
Session 6
Economic Governance in the Monetary Union
• Peter Bofinger, “Economic Governance in the Monetary Union: The shape of Economic Governance”
• Antonio Missiroli, “The Debate about Political Union”
• Loukas Tsoukalis, “The Euro in uncharted waters: Cave, Hic Dragones!”
• Jean Pisani-Ferry, “The Euro Area Governance: What went wrong? How to repair it?”