Eurozone Crisis and the Transformation of EU Governance

Maria João Rodrigues was elected Member of the European Parliament in 2014 and was then elected by this Group as its Vice-Chair, in charge of Economic and Social Policies and working with the Committees of Social Affairs, Economic Affairs, Internal Market, Education and Gender issues. She was Professor of European Economic Policies at the Institute for European Studies, Universite Libre de Bruxelles (IEE-ULB) and the Lisbon University Institute (ISCTE-IUL). She was minister of employment in Portugal and developed a European career since then. Known as the 'mother of the Lisbon Strategy', she has been special adviser to the European Commission, several EU Presidencies and national governments. By chairing several EU high-level groups and preparing European Council meetings over the last fifteen years, she has been involved in the design and implementation of several EU policies: the strategy for growth and jobs and the economic and social policies, the Lisbon Treaty negotiation, the Erasmus Programme and the New Skills for New Jobs Initiative, the strategic partnerships with China, Brazil, South Africa and USA and more recently, the Eurozone crisis. She was the chair of the Advisory Group for socio-economic sciences in the European Commission in charge of preparing the 7th Framework Research Programme, has many publications including ten books and delivered many conferences in and outside Europe. She is also Member of the Advisory Board of the European Policy Centre (Brussels) and of the Governing Board of Notre Europe (Paris). Maria holds three Master’s degrees and a PhD in economics from the University of Paris 1 Pantheon-Sorbonne, as well as a Degree in Sociology from the University of Lisbon. Among several national awards, she got Légion d’Honneur at Officier grade in France. Eleni Xiarchogiannopoulou is a post-doctoral research fellow at the Institute for European Studies, Université Libre de Bruxelles, Belgium. Previously she worked at the European Institute, London School of Economics. Her current research focuses on social conditionality in EU’s external trade policy and the EU/ILO relations in the area of flexicurity.

• Introduction Part I: European Modes of Governance: Concepts, Recent Trends and International Implications1. A good or a Bad Crisis for the European Union? 2. Economic Crisis and the Internationalisation of EU Competition Policy 3. The Transformation of EU Governance, the Open Method of Coordination and the Economic Crisis Part II: The Transformation of European Economic Governance4. Beyond Intergovernmentalism: The Puzzle of European Economic Governance 5. Europe Waiting for Hamilton: Assumption of State Debts, the Federal Leap6. Political Lessons from the Economics of the Euro-crisis7. EU Financial Market Regulation and Stakeholder Consultations Part III: The Transformation of European Social Policy Governance8. EU Social Policy Content and Governance: A Complex Relationship with EU Economic Integration Over Time 9. The Euro-crisis – Welfare State Conundrum10. Game Change in EU Social Policy: Towards More European IntegrationPart IV: The International Dimension of the Transformation of EU Governance11. The Eurozone Crisis and the Transformation of EU Economic Governance: From Internal Policies to External Action 12. Assessing the EU’s ‘Social’ Trade Policy from an External Europeanization Perspective: The Case of the Generalised System of Preferences13. European Re-Regulation Meets Global Financial Governance: Constraint or Complement? Conclusion

'The EU is once again in transformation, experimenting with reforms of its internal and external governance in response to the Euro crisis. No one knows yet how this reform process will play out, but its consequences are sure to be momentous, not only for the EU itself, but also for the wider global order. To analyse these developments, Rodrigues and Xiarchogiannopoulou have assembled a stellar group of scholars, whose kaleidoscopic reflections will be of compelling interest to anyone concerned with the future of European governance.' - Jonathan Zeitlin, University of Amsterdam, The Netherlands. 'Connecting the Euro crisis and EU governance issues, this book is as timely as social science volumes get!' - Gerda Falkner, University of Vienna, Austria.'There could be no better moment for the publication of a book like this. Europe is in deep transformation and this edited volume presents a collection of outstanding assessments of the different transformation processes that are currently on their way. The authors present a fascinating mix between the analysis of current policy debates in the context of the recent crisis and theoretical considerations related to scholarship on the European multi-level governance. The chapter selection is impressive: the strength of the volume is that it brings together scholarship at the border between politics, economics, social politics, welfare analysis, and international relations.' - Henrik Enderlein, Professor of Political Economy, Director of Jacques Delors Institut, Hertie School of Governance, Berlin.