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The Constitutionalization of European Budgetary Constraints

Professor Maurice Adams Federico Fabbrini (Dublin City University, Ireland) Pierre Larouche

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English
Hart Publishing
14 April 2014
The recently enacted Treaty on the Stability, Coordination and Governance of the Economic and Monetary Union (generally referred to as the Fiscal Compact) has introduced a 'golden rule', which is a detailed obligation that government budgets be balanced. Moreover, it required the 25 members of the EU which signed the Treaty in March 2012, to incorporate this 'golden rule' within their national Constitutions. This requirement represents a major and unprecedented development, raising formidable challenges to the nature and legitimacy of national Constitutions as well as to the future of the European integration project. This book analyses the new constitutional architecture of the European Economic and Monetary Union (EMU), examines in a comparative perspective the constitutionalization of budgetary rules in the legal systems of the Member States, and discusses the implications of these constitutional changes for the future of democracy and integration in the EU. By combining insights from law and economics, comparative institutional analysis and legal theory, the book offers a comprehensive survey of the constitutional incorporation of new fiscal and budgetary rules across Europe and a systematic normative discussion of the legitimacy issues at play. It thus contributes to a better understanding of the Euro-crisis, of the future of the EU, and the reforms needed towards a deeper and genuine EMU.
Edited by:   , , ,
Imprint:   Hart Publishing
Country of Publication:   United Kingdom
Dimensions:   Height: 234mm,  Width: 156mm,  Spine: 15mm
Weight:   785g
ISBN:   9781849465809
ISBN 10:   1849465800
Series:   Modern Studies in European Law
Pages:   444
Publication Date:  
Audience:   Professional and scholarly ,  Undergraduate
Format:   Hardback
Publisher's Status:   Active

Maurice Adams is Professor of Democratic Governance and Rule of Law (vfund chair) and Professor of General Jurisprudence at Tilburg Law School. Federico Fabbrini is Assistant Professor of European and Comparative Constitutional Law at Tilburg Law School. Pierre Larouche is Professor of Competition Law and Director of Studies of the Bachelor Global Law at Tilburg Law School.

Reviews for The Constitutionalization of European Budgetary Constraints

...this timely publication addresses some of the key issues regarding current challenges to and the future of the EMU and certainly lives up to its aspiration of contributing to the new debate and stimulating further discussions. -- Claudia Wutscher * International Journal of Constitutional Law *


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