The European and global economic governance reform – what does it mean in practice?
The European debt crisis has triggered discussion on EU Economic Governance mechanisms, especially within the Euro zone, going far beyond changes in the Stability and Growth Pact and Excessive Deficit Procedure. It involves, among others, building a permanent debt resolution mechanism, closer coordination of budget and macroeconomic programming (European Semester), Excessive Imbalance Procedure, and various ideas of the European Economic Government, the European Pact for Competitiveness, etc. This requires a more general and systematic discussion in which particular areas of economic policy the prerogatives of the EU governing bodies (and which particular ones) should be strengthened, in light of the recent experience of anti-crisis policies. As important economic and political player and major shareholder of many global institution the EU is the key actor influencing global economic and financial governance and its evolution and it will continue to bear major responsibility for its effectiveness in addressing various global challenges | |||
| Moderator: Professor of Economics and External Research Fellow at Institute of Economics, Hungarian Academy |
| Speaker: CASE Fellow and Professor of Economics at the National School of Political and Administrative Studies in Bucharest |
| Speaker: Member of the CASE Advisory Council. Russian Academy of national economy and public administration |
| Speaker: Lucio Pench Head of the Fiscal Policy in the Euro Area and EU Unit in the DG for Economic and Financial Affairs of the EC |
| Speaker: Senior visiting fellow at the Centre for International Governance Innovation and member of CASE Advisory Council |
| Speaker: Jan Wouters Jean Monnet Chair, Director Leuven Centre for Global Governance Studies, University of Leuven |
