Global Governance and the Role of the EU
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Global Governance and the Role of the EU

Assessing the Future Balance of Power

9780857933041 Edward Elgar Publishing
Edited by Carlo Secchi, Vice President, ISPI and Professor of European Economic Policy, Bocconi University, Milan, Italy and Antonio Villafranca, Senior Research Fellow, ISPI, Milan, Italy
Publication Date: 2011 ISBN: 978 0 85793 304 1 Extent: 224 pp
Three years after the worst economic crisis since the Great Depression, economic growth has resurfaced across the world, but with significant variation. This timely book illustrates that although mature economies (the EU in particular) are still confronting sluggish economic performance, emerging markets seem to have fully recovered. It explores the reform of global economic governance after the crisis and, in this context, addresses the role of the EU and its economic prospects for the coming decade.

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Critical Acclaim
Contributors
Contents
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Three years after the worst economic crisis since the Great Depression, economic growth has resurfaced across the world, but with significant variation. This timely book illustrates that although mature economies (the EU in particular) are still confronting sluggish economic performance, emerging markets seem to have fully recovered. It explores the reform of global economic governance after the crisis and, in this context, addresses the role of the EU and its economic prospects for the coming decade.

The expert contributors provide analyses, insights and policy recommendations that match short-term interventions with long-term policies to encourage sustainable, balanced growth within the framework of reformed global economic governance. Focusing on the EU in particular, they indicate and prescribe tools and mechanisms with which to enhance growth potentials in Europe and the Eurozone. The ‘Europe 2020’ objectives are evaluated, including global burden-sharing and trade-related aspects of climate change targets, and US–China relations and the prospects of transatlantic partnership are also explored.

This book will prove essential reading for academics and researchers focusing on both European and international economics as well as European studies. Civil servants, government officials, international think-tanks, and EU research centres will also find much to interest them within this book.
Critical Acclaim
‘This volume makes a significant contribution to our understanding of the origins of the crisis and how it has manifested itself in Europe.’
– Journal of Contemporary European Research
Contributors
Contributors: C. Altomonte, F. Bruni, J. Mistral, F. Passarelli, V. Rossi, D. Schwarzer, C. Secchi, A. Villafranca, X. Wang, F. Zuleeg
Contents
Contents:

Foreword
Olli Rehn

Introduction
Carlo Secchi and Antonio Villafranca

PART I: HEADING TO 2020: A NEW WORLD ECONOMIC GOVERNANCE?
1. Europe and the World’s Economy Governance: The Monetary and Financial Perspective
Franco Bruni

2. Transatlantic Economic Policy Co-ordination at a Crossroad: Why it is Badly Needed and How it Would Improve the Work of the G20
Jacques Mistral

3. Understanding China’s Role in the Post-financial Crisis World
Xiaozu Wang

PART II: CARVING OUT A PLACE FOR THE EU
4. The EU Economy to 2020: Coping with Divergence and Debt
Vanessa Rossi

5. The EU in Search of its New Shape: Economic Challenges and Governance Reforms in the Sovereign Debt Crisis
Daniela Schwarzer

6. The Fiscal Governance Disorder of the Eurozone: Curing the Symptoms or Curing the Causes?
Carlo Altomonte, Francesco Passarelli and Carlo Secchi

7. Overcoming Europe’s Long Term Growth Crisis
Fabian Zuleeg

8. ‘Europe 2020’: The Shift to a Revised Climate Strategy
Antonio Villafranca

Index
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