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The Eurozone’s Crisis of Democratic Legitimacy. Can the EU Rebuild Public Trust and Support for European Economic Integration?

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  • Vivien A. Schmidt

Abstract

In response to the Eurozone’s crisis of democratic legitimacy, EU institutional actors have sought to ameliorate the Eurozone’s deteriorating ‘output’ policy performance and to respond to citizens’ increasingly volatile political ‘input’ by reinterpreting the ‘throughput’ processes focused on ‘governing by the rules and ruling by the numbers’ without admitting it. Such reinterpretation ‘by stealth’ risks generating further problems for legitimacy. After defining the three criteria of legitimacy and how they play out differently for political and technical actors through fast and slow burning phases of the crisis, the paper focuses more closely on the legitimation problems of each of the major institutional actors in turn — ECB, Council, Commission, and EP — as they responded to the crisis in coordination with other policy actors and in communication to the public. The paper also offers proposals for short and medium term remedies to Eurozone problems, with a final note on the future of EU governance.

Suggested Citation

  • Vivien A. Schmidt, 2015. "The Eurozone’s Crisis of Democratic Legitimacy. Can the EU Rebuild Public Trust and Support for European Economic Integration?," European Economy - Discussion Papers 015, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
  • Handle: RePEc:euf:dispap:015
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    Cited by:

    1. Jens van ‘t Klooster & Nik de Boer, 2023. "What to Do with the ECB's Secondary Mandate," Journal of Common Market Studies, Wiley Blackwell, vol. 61(3), pages 730-746, May.
    2. Nicos Christodoulakis, 2019. "Greece and the Euro Area: The cost of weak institutions," DEOS Working Papers 1908, Athens University of Economics and Business.
    3. Francesco Nicoli, 2017. "Hard-line Euroscepticism and the Eurocrisis: Evidence from a Panel Study of 108 Elections Across Europe," Journal of Common Market Studies, Wiley Blackwell, vol. 55(2), pages 312-331, March.
    4. Aukje van Loon, 2021. "European Financial Governance: FTT Reform, Controversies and Governments’ Responsiveness," Politics and Governance, Cogitatio Press, vol. 9(2), pages 208-218.

    More about this item

    JEL classification:

    • H10 - Public Economics - - Structure and Scope of Government - - - General
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy

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