What is Left of the European Economic Constitution?
AbstractThe essay starts from the assumption that the efforts to cure Europe’s democracy deficits will also have to address the social problématique of the Europeanization process. This is a challenge with new dimensions. Europe had started its integrationist path as a mere economic community. In its formative era, the constitutional perspectives of German Ordo-liberalism were attractive. In the ordo-liberal account, the European polity has a twofold structure: At supranational level, it is committed to economic rationality and a system of undistorted competition. Redistributive (social) policies could – and should – be left to the Member States. This edifice was refined in the 1970s and 80s. Monetary Union and the Stability Pact completed it. The German Constitutional Court’s Maastricht judgment endorsed its constitutional validity. However, the new dynamics and the strive for an ever closer Union in the Maastricht Treaty has led to a strengthening of European regulatory policies and a broadening of their scope, which were incompatible with the ordo-liberal legacy. The erosion of the economic constitution has not paved the way to a cure for Europe’s social deficit. Neither the Open Method of Co-ordination nor the commitment to a social market economy in the Constitutional Treaty nor the new social rights provide a conceptually sufficient and politically credible basis for this end.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by European University Institute (EUI), Department of Law in its series EUI-LAW Working Papers with number 13.
Date of creation: 01 Nov 2004
Date of revision:
Contact details of provider:
Web page: http://www.eui.eu/LAW/
Europeanization; legitimacy; multilevel governance; national autonomy; direct effect; economic law; European citizenship; harmonisation; supremacy;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2004-12-12 (All new papers)
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Eloi Laurent & Jacques Le Cacheux, 2006. "Country size and strategic aspects of structural reforms in the EU. NERO meeting, OECD, Paris, June 12, 2006," Sciences Po publications info:hdl:2441/3681, Sciences Po.
- Jim Davies, 2009. "Entrenchment of New Governance in Consumer Policy Formulation: A Platform for European Consumer Citizenship Practice?," Journal of Consumer Policy, Springer, vol. 32(3), pages 245-267, September.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Machteld Nijsten).
If references are entirely missing, you can add them using this form.