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The Struggle of the European Parliament to Participate in the New Economic Governance

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  • Cristina Fasone

Abstract

This paper aims to analyse the European Parliament's position in the aftermath of the reform of the economic governance in the European Union, in particular after the adoption of the six-pack and the "Fiscal Compact". References are made to the involvement of the European Parliament in the decision-making process that led to the adoption of the new measures as well as to the substantive role assigned to this institution in the new regulatory framework. The paper argues that the new provisions, which actually limit the European Parliament's "task" to the participation in the economic dialogue and in the interparliamentary co-operation, can jeopardise the effectiveness of the landmark principle of 'No taxation without parliamentary representation'.

Suggested Citation

  • Cristina Fasone, 2012. "The Struggle of the European Parliament to Participate in the New Economic Governance," EUI-RSCAS Working Papers 45, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    • Handle: RePEc:erp:euirsc:p0322
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    References listed on IDEAS

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    1. Berthold Rittberger, 2012. "Institutionalizing Representative Democracy in the European Union: The Case of the European Parliament," Journal of Common Market Studies, Wiley Blackwell, vol. 50(S1), pages 18-37, March.
    2. El-Agraa,Ali M., 2011. "The European Union," Cambridge Books, Cambridge University Press, number 9781107400115.
    3. Sylvester Eijffinger & Edin Mujagic, 2004. "An assessment of the effectiveness of the monetary dialogue on the ECB’s accountability and transparency: A qualitative approach," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 39(4), pages 190-203, July.
    4. El-Agraa,Ali M., 2011. "The European Union," Cambridge Books, Cambridge University Press, number 9781107007963.
    5. Kenneth Armstrong & Iain Begg & Jonathan Zeitlin, 2008. "JCMS Symposium: EU Governance After Lisbon," Journal of Common Market Studies, Wiley Blackwell, vol. 46, pages 413-450, March.
    6. Yves Mény, 2012. "Conclusion: A Voyage to the Unknown," Journal of Common Market Studies, Wiley Blackwell, vol. 50(S1), pages 154-164, March.
    7. Benedicta Marzinotto & Guntram B. Wolff & Mark Hallerberg, 2011. "How effective and legitimate is the European semester? Increasing role of the European parliament," Working Papers 612, Bruegel.
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