IDEAS home Printed from https://ideas.repec.org/a/cog/poango/v9y2021i3p175-185.html
   My bibliography  Save this article

The EU’s Recovery and Resilience Facility: A Next Phase in EU Socioeconomic Governance?

Author

Listed:
  • Sonja Bekker

    (Research Cluster on Empirical Legal Studies into Institutions for Conflict Resolution—ERI, Utrecht University, The Netherlands / Department of Private, Business & Labour Law—PBLL, Tilburg University, The Netherlands)

Abstract

The European Semester (Semester) was implemented a decade ago. Ample research has addressed the Semester’s development, including some major changes in processes and content (Verdun & Zeitlin, 2018). The Covid-19 crisis seems to mark the next stage in the evolution of the Semester. It connects the Semester with the wider Recovery and Resilience Facility (RRF) and links its country-specific recommendations to conditional financial support. Thus, the next stage of the Semester suggests a stronger and more deliberate interlinkage of different EU tools that jointly guide national socioeconomic policies. It should support both national public investment and reforms while focusing on meeting the EU priority of moving towards a climate-neutral, digitalized, and resilient Europe (De la Porte & Dagnis Jensen, 2021). This article addresses the question of what room the new-style Semester gives to the involvement of national-level actors, such as national parliaments. Therefore, it expands existing analytical frameworks in order to assess the RRF in connection to the Semester, focusing on the degree of obligation, enforcement, and centralisation. Jointly, this outlines the room the RRF gives to the participation of national actors in the Semester. The article concludes that although the national parliaments are not mentioned in the Regulation establishing the RRF, they could claim a role both in developing national plans for accessing financial support as well as in amending and approving reforms.

Suggested Citation

  • Sonja Bekker, 2021. "The EU’s Recovery and Resilience Facility: A Next Phase in EU Socioeconomic Governance?," Politics and Governance, Cogitatio Press, vol. 9(3), pages 175-185.
    • Handle: RePEc:cog:poango:v9:y:2021:i:3:p:175-185
    DOI: 10.17645/pag.v9i3.4290
    as

    Download full text from publisher

    File URL: https://www.cogitatiopress.com/politicsandgovernance/article/view/4290
    Download Restriction: no
    File URL: https://libkey.io/10.17645/pag.v9i3.4290?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Fink, Fabian & Scholl, Almuth, 2016. "A quantitative model of sovereign debt, bailouts and conditionality," Journal of International Economics, Elsevier, vol. 98(C), pages 176-190.
    2. Abbott, Kenneth W. & Keohane, Robert O. & Moravcsik, Andrew & Slaughter, Anne-Marie & Snidal, Duncan, 2000. "The Concept of Legalization," International Organization, Cambridge University Press, vol. 54(3), pages 401-419, July.
    3. Carlos Closa Montero & Felipe González de León & Gisela Hernández González, 2021. "Pragmatism and the Limits to the European Parliament’s Strategies for Self-Empowerment," Politics and Governance, Cogitatio Press, vol. 9(3), pages 163-174.
    4. Carlos Closa Montero & Felipe González de León & Gisela Hernández González, 2021. "Pragmatism and the Limits to the European Parliament’s Strategies for Self-Empowerment," Politics and Governance, Cogitatio Press, vol. 9(3), pages 163-174.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Yfanti Sofia & Dimitris Katsaprakakis & Nikos Sakkas & Constantinos Condaxakis & Emmanuel Karapidakis & Stelios Syntichakis & George M. Stavrakakis, 2025. "The Role of Energy Communities in the Achievement of a Region’s Energy Goals: The Case of a Southeast Mediterranean Region," Energies, MDPI, vol. 18(6), pages 1-33, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Sonja Bekker, 2021. "The EU’s Recovery and Resilience Facility: A Next Phase in EU Socioeconomic Governance?," Politics and Governance, Cogitatio Press, vol. 9(3), pages 175-185.
    2. Carré, Sylvain & Cohen, Daniel & Villemot, Sébastien, 2019. "The sources of sovereign risk: a calibration based on Lévy stochastic processes," Journal of International Economics, Elsevier, vol. 118(C), pages 31-43.
    3. Jesse L. Reynolds & Edward A. Parson, 2020. "Nonstate governance of solar geoengineering research," Climatic Change, Springer, vol. 160(2), pages 323-342, May.
    4. Cohen, Daniel & Villemot, Sébastien, 2012. "The Sovereign Default Puzzle: Modelling Issues and Lessons for Europe," CEPR Discussion Papers 8971, C.E.P.R. Discussion Papers.
    5. Kaas, Leo & Mellert, Jan & Scholl, Almuth, 2020. "Sovereign and private default risks over the business cycle," Journal of International Economics, Elsevier, vol. 123(C).
    6. Marina Azzimonti & Vincenzo Quadrini, 2019. "International spillovers and `ex-ante' efficient bailouts," 2019 Meeting Papers 318, Society for Economic Dynamics.
    7. Sylvia Karlsson-Vinkhuyzen & Harro Asselt, 2009. "Introduction: exploring and explaining the Asia-Pacific Partnership on Clean Development and Climate," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 9(3), pages 195-211, August.
    8. Fabio Franchino & Camilla Mariotto, 2021. "Noncompliance risk, asymmetric power and the design of enforcement of the European economic governance," European Union Politics, , vol. 22(4), pages 591-610, December.
    9. Anne van Aaken, 2009. "Effectuating Public International Law through Market Mechanisms?," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 165(1), pages 33-57, March.
    10. Paul A. Schulte & Ivo Iavicoli & Luca Fontana & Stavroula Leka & Maureen F. Dollard & Acran Salmen-Navarro & Fernanda J. Salles & Kelly P. K. Olympio & Roberto Lucchini & Marilyn Fingerhut & Francesco, 2022. "Occupational Safety and Health Staging Framework for Decent Work," IJERPH, MDPI, vol. 19(17), pages 1-28, August.
    11. Thomas McGregor, 2019. "Pricing Sovereign Debt in Resource-Rich Economies," IMF Working Papers 2019/240, International Monetary Fund.
    12. Hippolyte Balima & Amadou Sy, 2021. "IMF-Supported Programs and Sovereign Debt Crises," IMF Economic Review, Palgrave Macmillan;International Monetary Fund, vol. 69(2), pages 427-465, June.
    13. Di Ubaldo, Mattia & Gasiorek, Michael, 2022. "Non-trade provisions in trade agreements and FDI," European Journal of Political Economy, Elsevier, vol. 75(C).
    14. Christian Grisse & Gisle J. Natvik, 2022. "Sovereign debt crises and cross-country assistance [A pyrrhic victory? Bank bailouts and sovereign credit risk]," Oxford Economic Papers, Oxford University Press, vol. 74(1), pages 178-193.
    15. Adis Dzebo, 2019. "Effective governance of transnational adaptation initiatives," International Environmental Agreements: Politics, Law and Economics, Springer, vol. 19(4), pages 447-466, October.
    16. Hatchondo, Juan Carlos & Martinez, Leonardo & Onder, Yasin Kursat, 2017. "Non-defaultable debt and sovereign risk," Journal of International Economics, Elsevier, vol. 105(C), pages 217-229.
    17. Oliver Westerwinter & Kenneth W. Abbott & Thomas Biersteker, 2021. "Informal governance in world politics," The Review of International Organizations, Springer, vol. 16(1), pages 1-27, January.
    18. Jessica F. Green, 2018. "Transnational delegation in global environmental governance: When do non‐state actors govern?," Regulation & Governance, John Wiley & Sons, vol. 12(2), pages 263-276, June.
    19. Jillienne Haglund & Courtney Hillebrecht, 2020. "Overlapping international human rights institutions: Introducing the Women’s Rights Recommendations Digital Database (WR2D2)," Journal of Peace Research, Peace Research Institute Oslo, vol. 57(5), pages 648-657, September.
    20. Trebesch, Christoph & Reinhart, Carmen & Horn, Sebastian, 2020. "Coping with Disasters: Two Centuries of International Official Lending," CEPR Discussion Papers 14902, C.E.P.R. Discussion Papers.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cog:poango:v9:y:2021:i:3:p:175-185. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: António Vieira or IT Department (email available below). General contact details of provider: https://www.cogitatiopress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.