Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Europe Beyond the EuroIntroduction

Europe Beyond the Euro: Introduction [While many of the most critical issues facing the EU in the first 20 years of the twenty-first century related to the Euro, for the next 20 years the central focus will be how the EU handles a range of systemic risks: amongst the known risks are financial risks, health risks (Covid-19), climate risks, and the rise of nationalism. Ensuring strong institutions for handling risk is therefore critical; in this connection the chapter introduces the European Systemic Risk Board, the body responsible for financial stability, and explains its projected wider role. The chapter briefly introduces some concepts used in the analysis, such as differentiated integration (DI), and the “core” and “periphery”. While many EU initiatives have reflected DI, leading to the present division between a “core” and a “periphery” of member states, risk management requires inclusivity. A model is briefly introduced, where the discretionary nature of some EU activities is recognized, but risk management is set in the inclusive superstructure.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Europe Beyond the EuroIntroduction

Part of the St Antony's Series Book Series
Enoch, Charles
Europe Beyond the Euro — Sep 25, 2021
Download PDF
11 pages

Loading next page...
 
/lp/springer-journals/europe-beyond-the-euro-introduction-00DA0qtkol

References (0)

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Springer International Publishing
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2021
ISBN
978-3-030-77114-0
Pages
1 –12
DOI
10.1007/978-3-030-77115-7_1
Publisher site
See Chapter on Publisher Site

Abstract

[While many of the most critical issues facing the EU in the first 20 years of the twenty-first century related to the Euro, for the next 20 years the central focus will be how the EU handles a range of systemic risks: amongst the known risks are financial risks, health risks (Covid-19), climate risks, and the rise of nationalism. Ensuring strong institutions for handling risk is therefore critical; in this connection the chapter introduces the European Systemic Risk Board, the body responsible for financial stability, and explains its projected wider role. The chapter briefly introduces some concepts used in the analysis, such as differentiated integration (DI), and the “core” and “periphery”. While many EU initiatives have reflected DI, leading to the present division between a “core” and a “periphery” of member states, risk management requires inclusivity. A model is briefly introduced, where the discretionary nature of some EU activities is recognized, but risk management is set in the inclusive superstructure.]

Published: Sep 25, 2021

There are no references for this article.