Maduro, A New Governance for the European Union and the Euro: Democracy and Justice

Abstract


The report provides a democratic explanation for the crisis and the EU’s failure in successfully
addressing it so far. It argues that the solution to the crisis and the future of EU governance must
depart from a renewed justification of the project of European integration which must be founded on
its democratic and justice enhancing potential. It criticizes two mainstream models of governance for
the Euro area and explains the advantages and political viability of an alternative model based on a
new EU budget, new EU policies, more EU politics and a more effective political authority. The
financial solidarity necessary for any successful model of governance of the EU must be detached
from transfers between states and related, instead, to the wealth generated by the process of Economic
integration.
This report is produced for the European Parliament at the request of the Committee on
Constitutional Affairs - under contract ref. IP/C/AFCO-2012-063

Full text available at: http://network.globalgovernanceprogramme.eu/wp-content/uploads/2012/10/report.pdf