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31. The European Citizens'Initiative: Next Big Thing or New False Good Idea ?

Author:
Franklin Dehousse
Publication Date:
07-2013
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
One innovative element of the Lisbon Treaty was the creation of a European Citizens' Initiative (ECI). At the time, this was sometimes hailed as a fundamental change in the European institutional system. A few years after the entry into force of the Treaty, however, much less is heard about this “first truly transnational instrument of modern direct democracy”, this “revolution in disguise”, this “very innovative and symbolic” provision5. This could seem surprising at first sight. Since the entry into force of the Treaty, the implementation of this provision has been remarkably rapid. Meanwhile, new arguments have risen concerning the lack of democratic legitimacy of the European Union, and the lack of connection between the European institutions and the citizens.
Topic:
Civil Society, Democratization, Regional Cooperation, Treaties and Agreements, and Governance
Political Geography:
Europe

32. Assessing the Single Supervisory Mechanism: Passing the point of no return for Europe's Banking Union

Author:
Stijn Verhelst
Publication Date:
06-2013
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Europe's financial and sovereign debt crises have become increasingly interconnected. In order to break the negative feedback loop between the two, the EU has decided to create a common supervisory framework for the banking sector: the Single Supervisory Mechanism (SSM). The SSM will involve a supervisory system including both the national supervisors and the European Central Bank (ECB). By endowing the ECB with supervisory authority over a major part of the European banking sector, the SSM's creation will result in a shake-up of the way in which the European financial sector is being supervised. Under the right circumstances, this could be a major step forward in addressing Europe's interconnected crises.
Topic:
Debt, Economics, Regional Cooperation, Monetary Policy, and Financial Crisis
Political Geography:
Europe

33. Money for Structural Reforms in the Eurozone:making sense of contractual Arrangements

Author:
Xavier Vanden Bosch
Publication Date:
05-2013
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
Both the Commission's proposal for a 'Competitiveness and Convergence Instrument' and the 'contractual arrangement' presented by President Van Rompuy share a common concept: associating EU money with national structural reforms under a binding arrangement.
Topic:
Economics, Markets, Regional Cooperation, Labor Issues, Monetary Policy, and Reform
Political Geography:
Europe

34. Death of an Institution. The end for Western European Union, a future for European defence?

Author:
Graham Messervy-Whiting and Alyson J. K. Bailes
Publication Date:
05-2011
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
On 31 March 2010 the ten Member States of Western European Union (WEU) announced that the last organs, staffs and activities of that institution would be laid to rest by 30 June 2011. Having resiled from the Modified Brussels Treaty (MBT) of 1954 which created WEU as a successor to the Western Union of 1948, these nations are now working to dispose of the staff, premises and archives at WEU's Brussels offices and its Parliamentary Assembly in Paris. Little public interest has been shown in these moves, perhaps because WEU's operational and political work had already been taken over by the European Union (EU), in the frame of its new European Security and Defence Policy (ESDP), at the end of 1999.
Topic:
Security, Defense Policy, Regional Cooperation, and Treaties and Agreements
Political Geography:
Europe

35. The Single Market in need of a strategic relaunch

Author:
Tinne Heremans
Publication Date:
01-2011
Content Type:
Working Paper
Institution:
EGMONT - The Royal Institute for International Relations
Abstract:
On the 27th of October 2010 the Commission finally published its long-awaited Communication “Towards a Single Market Act” with the ambitious objective of relaunching the Single Market. It is beyond doubt that the market integration project is indeed in need of a serious boost. On the one hand, the “acquis” should be buttressed more firmly against protectionist reactions, citizen distrust and integration lethargy more generally. On the other hand, the untapped growth potential – in domains suffering from persistent bottlenecks as well as in new sectors – needs to be better exploited. It will however be argued in this contribution that, in its present form, the Commission's “Draft Single Market Act” (Draft SMA) does not contain all the strategic building blocks needed to address the key challenge of reengaging the different actors in the market integration project and genuinely revamp the Single Market. Therefore, on the basis of an examination of the gaps and defaults in the Draft SMA's approach, and against the background of the preparatory documents presented by Mario Monti and the European Parliament, some suggestions for possible strategic improvements to be included in the final SMA will be made.
Topic:
Economics, Markets, Regional Cooperation, and Monetary Policy
Political Geography:
Europe